Insights from AI-enabled Tech Foresight Summit13. March 2019
Gartner EA & Technology Innovation Summit11. April 2019
The Challenge: Speeding up Technology Foresight to stay at the Cutting Edge of Innovation
Innovation is an integral part of the Cisco DNA. With 25,000 engineers, more than 19,000 patents, and leadership positions in 18 different IT categories, Cisco already enjoys a rich history of high-tech innovation. Cisco has successfully managed to stay one step ahead of the competition.
This success is largely owed to Cisco’s unique method of structuring, classifying, evaluating, and visualizing novel technologies. In particular, this approach aims at an early identification of new technologies and trends, enabling transparent and strategic decision-making, and promoting innovation.
Supported by ITONICS Radar, Cisco was able to speed up its existing technology foresight process with the implementation of the unique Cisco Technology Radar platform.
- Cisco’s unique method of collecting, structuring, evaluating, and visualizing information on novel technologies in place
- Time-consuming process to connect all the information and link them to different business units
- Missing integration of Cisco’s worldwide technology scouting team into a seamless technology foresight process
Objectives Cisco was looking for a powerful tool
- ... to digitize and optimize the already existing methodology,
- ... to accelerate the existing technology foresight process, and
- ... to identify technology-related threats and opportuniries earlier than the competition.
The Solution: Cisco’s global “Go-To Space” for Technology Management
Cisco Technology Radar based on the ITONICS Radar supports all technology management phases
and activities from technology identification to selection, assessment, and dissemination.
1. Identification phase
Submission of over 400 entries to Cisco Technology Radar by more than 150 technology scouts
2. Selection phase
Evaluation of the identified technologies with regard to technology impact and novelty
3. Assessment phase
Review and deep analysis of technologies by experts on relevance, business potential, need for action, implementation risk, etc.
4. Dissemination phase
Publishing of results from Cisco Technology Radar in a quarterly report
“Cisco operates in a world of increasing market volatility and globalization. With the Technology Radar we found a solution to effectively and efficiently manage novel technologies to maintain and enhance our competitive position.” - Sylvain Baron, Corporate Strategic Innovation, Cisco
About Cisco Cisco is a global market leader in the IT and technology sector. When it comes to the development and linking of networks or the automation and integration of IT-based products and services, Cisco – with its more than 30 years of experience – is the enabler in an increasingly digital world. Founded in San Francisco in 1984, this company today has a global headcount of more than 74,000 employees working at more than 380 locations. Cisco constantly seeks to transform how people connect, communicate and collaborate.
Innovation is an integral part of the Cisco DNA. With 25,000 engineers, more than 19,000 patents, and leadership positions in 18 different IT categories, Cisco already enjoys a rich history of high-tech innovation.