Edge computing and the “internet of things” are some of the hottest conversations happening within the technology industry right now, but it’s easier said than done when actually implementing IoT into businesses. Cisco Systems Inc. has been on the forefront of implementing the IoT edge into their world and helping customers navigate this difficult terrain with security concerns.

“Overall, IoT is a global market. We have over 70,000 enterprise IoT customers today in at Cisco,” said Vikas Butaney (pictured), vice president of IoT product at Cisco. “So we are fortunate to be able to serve these customers on a global basis across the range of industries.”

Butaney spoke with Dave Vellante and Stu Miniman, co-hosts of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during the Cisco Live event in Barcelona. They discussed IoT and its impact on global businesses. (* Disclosure below.)

Demand grow for global industries using IoT, cybersecurity

So what sorts of companies or industries have been most drawn to the edge and IoT so far? A lot of it is industrial, heavier environments like manufacturing companies or plants, utility companies, and oil refineries.

“So this is the kind of spectrum in which we are working in where customers have real businesses, real assets, where the operations is the heart of the enterprise that they are running in,” Butaney said. “The technology can really be at revolutionary change for them to help them connect and then extract the data, and then be able to make sense of the data to improve their business practice.”

While places like Europe and India have embraced IoT, the U.S. has a bit of catching up to do in comparison to the global landscape, according to Butaney. And as the demand continues to expand both globally and here in the U.S., Cisco has developed new IoT security architecture, called Cisco Cyber Vision, to help enterprises keep with cybersecurity.

“If you don’t, then if there is one infection, one malware … one security [breach], then it just traverses your whole factory,” Butaney said. “And we know customers in Europe that the networks have gone down and they’ve impacted $150 million to $200 million of downtime.”

Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of the Cisco Live event. (* Disclosure: Cisco Systems Inc. sponsored this segment of theCUBE. Neither Cisco nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE