Power Canada's Innovation Engine

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Nitin Kawale President, Cisco Canada May 2014
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The need for improving Canada's labour productivity and innovation is a topic that we have presented and discussed with audiences right across the country. In my mind, the importance of these things for Canada simply can't be overstated - or talked about enough. Learn more here:

Transcript of Power Canada's Innovation Engine

Page 1: Power Canada's Innovation Engine

Nitin Kawale

President, Cisco Canada

May 2014

Source: Wikipedia – Creative Commons

Option 1

Page 2: Power Canada's Innovation Engine

Cisco Confidential 2 ©2014 Cisco and/or its affiliates. All rights reserved.

Innovation and Productivity – Work to Be Done

Canada’s Productivity Rate

A problem since the 70s

91% of US in 1980

Today 80% of US rate

Flat at 1% growth for 10 years

Canada Struggles to Compete

14th for productivity (US is 3rd)

GDP growth = 1.7% (2012/13)

Canada gets “D” for innovation

Ranks 13th among 16 nations

Standard

of Living

Page 3: Power Canada's Innovation Engine

Cisco Confidential 3 ©2014 Cisco and/or its affiliates. All rights reserved.

Here’s Why Productivity Matters

We all need to be part of a solution – doing what we can to advance the use of IT to improve Canada’s innovation and productivity!

Source: Net Impact Study

100%

25%

50%

75%

Years

Compound Productivity Growth

0 9 18 27 36 45 54 63 72

A Call to ACTION! Standard of Living Doubles in 14 Years

Standard of Living Doubles in 72 Years

Standard of Living Doubles in 24 Years

5%

3%

1%

Page 4: Power Canada's Innovation Engine

Cisco Confidential 4 ©2014 Cisco and/or its affiliates. All rights reserved.

Lead through Innovation – Cisco Canada’s 5-Point Plan

1. Increase Cisco’s R&D footprint

2. Research Chairs/ Innovation Centres

3. Investment fund

4. S+CC

5. Data Centres

Change Canada’s Trajectory

Cisco Confidential 4 ©2014 Cisco and/or its affiliates. All rights reserved.

Page 5: Power Canada's Innovation Engine

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Innovation Hub In Toronto

1,700 Jobs In Ontario

Research

Chairs

Networking Academies

A World-Class Event

From July 10-26, 2015

Largest multi-sport Games ever hosted in Canada

41 participating Pan American countries

Page 6: Power Canada's Innovation Engine

Cisco Confidential 6 ©2014 Cisco and/or its affiliates. All rights reserved.

Connected North is a ground-breaking virtual program that uses Cisco’s internet networking and collaboration solutions to enhance education in remote, underserved communities across Canada’s North.

Cisco Confidential 6 ©2014 Cisco and/or its affiliates. All rights reserved.

Page 7: Power Canada's Innovation Engine

Cisco Confidential 7 ©2014 Cisco and/or its affiliates. All rights reserved.

In 2014-2015 Connected

North will expand to

Two schools in Nunavut

and one school in the

Northwest Territories

Southern partner schools

located in Toronto,

Calgary or Vancouver

Join Us Cisco Confidential 7 ©2014 Cisco and/or its affiliates. All rights reserved.

Page 8: Power Canada's Innovation Engine

Cisco Confidential 8 ©2014 Cisco and/or its affiliates. All rights reserved.

Page 9: Power Canada's Innovation Engine

Cisco Confidential 9 ©2014 Cisco and/or its affiliates. All rights reserved.

Impacting Canada’s Productivity – The Internet of Everything

Source: Cisco Internet Business Solutions Group, 2012

Delivering the right

information to the

right person at the

right time

Process

Leveraging data into

more useful

information for

decision making

Data

Physical devices and

objects connected to

the Internet and each

other for intelligent

decision making

Things

Connecting people

in more relevant and

valuable ways

People

Page 10: Power Canada's Innovation Engine

Cisco Confidential 10 ©2014 Cisco and/or its affiliates. All rights reserved.

Sizing the Opportunity

Value at Stake

$19.0* Trillion

$14.4T Private Sector

Includes both industry-specific and horizontal use

cases. Customer Experience

Innovation

Employee Productivity

Supply Chain

Asset Utilization

Increased Revenue

Reduced Cost

Employee Productivity

Connected Militarized Defense

Citizen Experience

$4.6T Public Sector

Includes cities, agencies, and verticals such as

healthcare, education, defense

Estimate is based on bottom-up analysis of 61 use cases,

including 21 for private sector and 40 in public sector * 2013-2022

Page 11: Power Canada's Innovation Engine

Cisco Confidential 11 ©2014 Cisco and/or its affiliates. All rights reserved.

Case Study – BC Hydro

First live production IPv6 Internet of Things on the

Grid in the world. The Multi Service Grid network

sets the stage for advanced grid applications, better

control and monitoring and significant cost savings.

People Machine People

New smart meters are installed along

with meter communications network

and automated data collection system

New distribution grid meters are

installed, with analytics software to

identify electricity loss through theft

and diversion

Introduce in-home devices and

launch new conservation website for

customers

Enable an intelligent, self-healing grid

that can accommodate two-way flow

of electricity

Page 12: Power Canada's Innovation Engine

Cisco Confidential 12 ©2014 Cisco and/or its affiliates. All rights reserved.

Machine People

Case Study – Sheridan College

Tech and arts grads combine to create mobile app that

shows real-time queues to improve service levels

Analytics in Video Surveillance auto

detect number of people in queue

Increased visibility and choice leads

to improved customer satisfaction

People want to know expected

wait times

Privacy protected through use of

hand drawn graphics

Page 13: Power Canada's Innovation Engine

Cisco Confidential 13 ©2014 Cisco and/or its affiliates. All rights reserved.

Looking Ahead

Canada Must Improve

We have no choice

IoE Can Transform Canada

Take our country to the forefront

Let’s do our part!

Change the Perception of Business

More ICT investment needed

Cisco Confidential 13 ©2014 Cisco and/or its affiliates. All rights reserved.

Page 14: Power Canada's Innovation Engine

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Where Do Good Ideas Come from? According to Steven Johnson

Shifted British culture

Places to share ideas

Collaboration

Crucial to spread of enlightenment

Collective creativity

The Grand Café of 1650

Cisco Confidential 14 ©2014 Cisco and/or its affiliates. All rights reserved.

Page 15: Power Canada's Innovation Engine

Cisco Confidential 15 ©2014 Cisco and/or its affiliates. All rights reserved.

Creative innovation spaces often look chaotic

What’s the environment that leads to creativity? Environments like networks that bring together people from different backgrounds to drive innovation

Collaboration Is the Key to Creating Innovation

Q

A

Cisco Confidential 15 ©2014 Cisco and/or its affiliates. All rights reserved.

Page 16: Power Canada's Innovation Engine

Cisco Confidential 16 ©2014 Cisco and/or its affiliates. All rights reserved.

Innovation Created by Collaboration External sources of ideas and innovation

Business partners

Customers

Consultants

Competitors

Associations, trade shows, etc.

Academia

0% 5% 10% 15% 20% 25% 30% 35% 40%

Employees (general population)

Sales or service units

Internal R&D

Internal sources of ideas and innovation

0% 5% 10% 15% 20% 25% 30% 35% 40%

Page 17: Power Canada's Innovation Engine

Cisco Confidential 17 ©2014 Cisco and/or its affiliates. All rights reserved.

Canadians Are Ready to Collaborate/Innovate Canadians Online

But the workplace is NOT ready!

use the Internet

from anywhere 83%

use it

for research 77%

access by wireless

handheld device 68%

use Social Media ⅔

country in the world

in online engagement #3

Facebook users 19M

largest user

of Linked-In 5th

Page 18: Power Canada's Innovation Engine

Cisco Confidential 18 ©2014 Cisco and/or its affiliates. All rights reserved.

The Innovation Leadership Disconnect

“ Executives say innovation is very important, but their companies’ approach to it is often informal, and leaders lack confidence in their innovation decisions.”

Cisco Confidential 18

65% say innovation is a “Top 3 priority” for driving growth

Only 5% say it is NOT a priority

And 14% say it is THE “top priority”

BUT only 36% say innovation is part of what the organization does

34% say innovation is a part of leadership’s regular agenda

BUT a third say it is governed in an ad hoc way

Page 19: Power Canada's Innovation Engine

Cisco Confidential 19 ©2014 Cisco and/or its affiliates. All rights reserved.

Final Thoughts

• Communications technology creates today’s collaborative coffee houses

• You MUST tap into the best sources of innovation

• You MUST support anytime/anywhere

• You MUST recognize work/life blending

• Canada’s future depends on driving greater productivity

• Innovation through collaboration is both key and essential

Cisco Confidential 19

Page 20: Power Canada's Innovation Engine

Thank you.