Cisco

Indians in global tech roles a 'net positive', says Cisco's Jeetu Patel

The growing number of Indian-origin leaders at the helm of major global technology companies should not be viewed through the prism of brain drain, but as a "net positive" for both India and the world, said Jeetu Patel, President and Chief Product Officer of Cisco. Addressing the debate on whether India loses out when its top talent rises to leadership roles in the United States and other advanced economies, Patel rejected the zero-sum framing. "I think of India as a net exporter of talent," he told PTI in an interview, adding, "I haven't thought about this as a zero-sum equation." He argued that Indian professionals thriving globally often do so because of the cultural grounding they receive at home. "Indians that have been born and raised here and have actually had the benefit of the cultural values that have been instilled in us - of hard work and education and ethics and all of that - and then we go to different parts of the world and we end up thriving there largely because of

AI will augment, not replace human judgment, says Cisco's Jeetu Patel

Fears that artificial intelligence could render humans redundant are misplaced, with the real breakthrough lying in combining human judgement with machine-scale automation, Jeetu Patel, President and Chief Product Officer of Cisco, said. "I don't see a scenario where humans are completely extinct of contribution of value to society. It just seems like a very far-fetched thing," Patel said, arguing that concerns about humans becoming obsolete overlook the complementary role AI is set to play. "The magic truly happens when you take human instinct and judgement and you combine it with an AI scale of automation." In an interview with PTI, Patel said while AI systems are advancing rapidly - from chatbots to autonomous agents capable of taking actions - they are tools designed to augment, not replace, human capabilities. Citing the example of his mother being hospitalised for about eight weeks before she passed away three years ago, he said no AI is taking a nurse's job. "There is a des

AI effectively augmenting essential human capabilities, says Cisco India MD

Beyond agriculture, Krishnan pointed out the technology's diverse utility in governance and security, noting that "even in prisons like Tihar, AI is being used for vigilance of the inmates

BSNL to offer AI, 5G networking course, sign MoU with global tech companies

BSNL has signed MoUs with Ericsson, Qualcomm, Cisco, and Nokia to launch 5G, AI, and networking training at its Jabalpur institute, aiming to train over 2,000 participants annually

Clarity on global trade issues to decide future investments in India: Cisco

Chuck Robbins says Cisco views India as a key export and R&D hub but will wait for clarity on global trade policies before committing to further investments

Viable to export out of India; clarity on global trade needed: Cisco

Global tech major Cisco believes that India is a "viable" hub for exports, but made it clear that it will wait for clarity on global trade policies before deciding to invest more here. The San Jose-headquartered company's chairman and chief executive Chuck Robbins said India is one of the biggest opportunities for Cisco globally, and it believes no other country in the world can deliver the growth rates that India can over the next decade. Stating that the company started manufacturing in India about 18 months ago with a single product and is in the process of adding two more, Robbins said India is now a "viable" place for exporting out of. "I think the global trade dynamics right now need to sort of get settled down so we actually can think through how it impacts our longer-term plans. But obviously India is a big part of it," he told reporters here, when asked about investment plans. It can be noted that Cisco has a manufacturing unit near Chennai, which was opened last ...

Bessemer names Pankaj Mitra as partner to bolster India investments

Tech veteran to focus on AI, enterprise software, and cybersecurity amid growing regional push

Tech layoffs 2024: Over 100,000 IT jobs cut in second half of the year

Tech layoffs 2024: Major IT firms such as IBM, Cisco, and Microsoft have laid off over 100,000 employees across the globe in the second half of 2024

Cisco inaugurates manufacturing facility in Chennai; to create 1,200 jobs

The facility was launched by Union Communications Minister Jyotiraditya Scindia, along with Cisco CEO Chuck Robbins. Other key dignitaries included Cisco India President Daisy Chittilapilly and other

Cisco's second 2024 layoff: 5,600 jobs cut, shifts focus to AI growth

Earlier in the year, Cisco reduced its workforce by 4,000 employees in a previous round of layoffs that took place in February

Cisco cuts 7% of workforce, as it shifts focus to AI, cybersecurity

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify the number of jobs it is cutting. It had 84,900 employees as of July 2023. Based on that figure, the number of jobs cut would be about 5,900. In February, Cisco announced it would cut about 4,000 jobs. The networking equipment maker said in June that it would invest $1 billion in tech startups like Cohere, Mistral and Scale to develop reliable AI products. It recently also announced a partnership with Nvidia to develop infrastructure for AI systems. Cisco's layoffs come just two weeks after chipmaker Intel Corp announced it would cut about 15,000 jobs as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. Intel's quarterly earnings report disappointed investo

Cisco to lay off thousands more in second job cut this year: Report

Cisco, the largest maker of the routers and switches that direct internet traffic, has been grappling with sluggish demand and supply-chain constraints in its mainstay business

Amidst Chinese cyberattacks, Cisco to set up cybersecurity centre in Taiwan

Democratically governed Taiwan, which Beijing views as its own territory, has repeatedly complained of cyberattacks coming from China

Cisco launches $1 bn AI investment fund to develop reliable solutions

Cisco Investments, the corporate venture investment arm of Cisco, has launched a USD 1 billion global AI investment fund to drive the development of secure and reliable AI solutions. Cisco has already allocated nearly USD 200 million from the fund, in Cohere, Mistral AI, and Scale AI. "We believe we are well positioned to be the best strategic partner for our customers in the AI era as they look to build, secure, and power AI. "In addition to building essential technology to connect, secure and advance AI, Cisco is committed to investing in the broader AI ecosystem to more effectively meet our customers' needs," Mark Patterson, Chief Strategy Officer at Cisco, said. Cisco said it will collaborate with AI companies to co-innovate and offer a range of AI solutions, positioning itself as an agnostic provider and platform player to serve its global customer base with diverse options.

Will roll out products from Chennai plant by H2CY24: Cisco's Chittilapilly

India is among the top ten markets for Cisco globally and with the new manufacturing plant in Chennai, the country is gaining even more prominence

Cisco and Tata Communications partner to launch Webex Calling in India

The calls will be routed via Tata Communications' data centre in the Mumbai region, thereby helping organisations stay compliant with local regulations

Tech CEO of 19 firm gets 6-year sentence in US for counterfeit Cisco sales

The fake equipment compromised public and private sectors, including sensitive government systems used by the military

Hackers subverted security devices to spy on governments, says Cisco

In a statement, the company said it urged customers to take immediate action to update their software. It did not give further details on the breaches, which it said dated back to earlier this year

We will use GenAI across our portfolio to simplify experiences: Cisco Prez

Chittilapilly talks about the progress of the Chennai plant, small and medium businesses (SMBs), and trends in tech spending

Only 4% of firms in India have 'maturity' to tackle cyber threats: Cisco

82% of respondents said a cybersecurity incident is likely to disrupt their business in the next 12 to 24 months