Cisco Systems’ London IDEA Center One Great Example How Company Drives Innovation

As I’ve personally experienced and written about many times, large corporations have a greater challenge innovating versus smaller ones. This reality can be seen across all industries, but is most pronounced in the tech industry where the rapid pace of innovation drives future growth and profits. As a part of Cisco Systems’ five pillar strategy for innovation, the company has employed a “co-develop” strategy that involves the creation of incubators and innovation centers that allow Cisco to work closely with startups and co-develop ideas. One of the most mature of these co-development centers is the IDEA center located in London. I had opportunity to visit the IDEALondon facility and meet with its director and startups there. At IDEA London I met with Nicholas Crissos, Head of Technology, Cisco Systems Innovation for UK&I and walked away very impressed.

from Forbes – Tech http://ift.tt/1ShcT4f
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