Power Canada's Innovation Engine

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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 …

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:

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  • 1. Nitin Kawale President, Cisco Canada May 2014
  • 2. 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
  • 3. 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%
  • 4. 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.
  • 5. Cisco Confidential 5©2014 Cisco and/or its affiliates. All rights reserved. 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
  • 6. 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.
  • 7. 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.
  • 8. Cisco Confidential 8©2014 Cisco and/or its affiliates. All rights reserved.
  • 9. 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
  • 10. Cisco Confidential 10©2014 Cisco and/or its affiliates. All rights reserved. Sizing the Opportunity Value at Stake $19.0* Trillion $14.4TPrivate 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 $4.6TPublic 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
  • 11. 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
  • 12. 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
  • 13. 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.
  • 14. Cisco Confidential 14©2014 Cisco and/or its affiliates. All rights reserved. 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.
  • 15. 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.
  • 16. 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%
  • 17. 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 anywhere83% use it for research77% access by wireless handheld device68% use Social Media ⅔ country in the world in online engagement #3 Facebook users19M largest user of Linked-In5th
  • 18. 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
  • 19. 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
  • 20. Thank you.