connected innovation

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1 © 2009 Cisco Systems, Inc. All rights reserved.Cisco Public C97-541444-00 Innovation The path forward Joe Deklic VP Strategic Investments Group Cisco Systems Canada Co.

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Page 1: Connected innovation

1© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

InnovationThe path forward

Joe Deklic

VP Strategic Investments Group

Cisco Systems Canada Co.

Page 2: Connected innovation

2© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Cisco: A culture of innovation

Cisco’s corporate culture encourages innovation

Innovation is the engine that drives growth

A connected world enables innovation

Page 3: Connected innovation

3© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

The Internet of Things Is Already Here

2003 2010 2015 2020

500 Million 12.5 Billion 50 Billion25 BillionConnected

Devices

Connected Devices

Per Person 0.08 1.84 6.583.47

World Population 6.3 Billion 6.8 Billion 7.6 Billion7.2 Billion

Source: Cisco IBSG, 2011

More connected

devices than

people

Page 4: Connected innovation

4© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Mobility – convergence of both

Global Mobile vs. Desktop Internet User Projection, 2007 – 2015E

Source: Morgan Stanley Research

Page 5: Connected innovation

5© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Medicine 2.0

http://inform.com/science-and-technology/stanford-prof-sequences-genome-weeks-627084a

Stanford prof sequences own genome in weeks

2010: 3 weeks, 50K$ 2004: 13 years, $300M

Page 6: Connected innovation

6© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Connected World Tech ReportAbout the Study

The study was commissioned by Cisco and conducted by InsightExpress, a third-party market research firm based in the United States.

The global study consists of two surveys – one involving college students, the other on young professionals in their 20s. Each survey includes 100 respondents from each of 14 countries, resulting in a pool of 2,800 respondents.

The 14 countries: The United States, Canada, Mexico, Brazil, United Kingdom, France, Spain, Germany, Italy, Russia, India, China, Japan, and Australia.  

The New Social Life: Internet over Love and Friendship?

First Love: Two of five college students surveyed globally (40%) said the Internet is more important to them than dating, going out with friends, or listening to music.

Page 7: Connected innovation

7© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

What is the average lifespan of a Fortune 500 company?

A. 25 years

B. 40 years

C. 60 years

D. 75 years

E. 100 years

98% of North American companies disappear within 11 years

The average lifespan of a company in Japan & Europe is 12 years

Innovation is key to longevity

Page 8: Connected innovation

8© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Transformational Change …

Kodak invents digital photography in 1975 not seen as commercially viable

Xerox famously devises the mouse, the laser printer, and the graphical user interface ( GUI

Apple iPod, Apple ventured into music retailing, an entirely new market for the company they revolutionized the way people consume.

RIM secure instant messaging environment .. With a “smartphone”

What makes opportunities like these so difficult to grasp is that, so often, they require companies to move far beyond their core into uncharted territory—into their white space

Seizing the White Space, Mark Johnson

Page 9: Connected innovation

9© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Going forward - an innovation framework

ICT uptake

Government leadership

Public/private sector partnerships to drive education, resources• More accessible VC and financing

• Drive new industries and entrepreneurship

Canada’s SMBs are the drivers of our economy

Educational Transformation key to long term growth

Must move SMBs from tactical to strategic

We need to adopt and incubate an Innovation Framework to reverse the tide – together we can change the world

Page 10: Connected innovation

10© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Some thoughts….

1. The world is changing we need to change – to use a framework for systemic sustainable innovation.

2. World is a smaller place – collaboration is key to innovation and transformation

3. Change is coming from Consumers and SMB - we need to effect change in response to what

is happening, think differently

4. Cloud enables everything

Innovation is all about getting out of your comfort zone and disrupting easier with collaboration

Page 11: Connected innovation

11© 2009 Cisco Systems, Inc. All rights reserved. Cisco PublicC97-541444-00

Thank You