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Companies cautious about GenAI over data privacy, security: Report

92% companies in India recognise customers want adequate protection of their data: Cisco survey

CISCO, NAMTECH enter tie-up to impart training in cybersecurity, AI

Global tech company CISCO has partnered with NAMTECH -- an initiative backed by steel maker AMNS India -- to impart training in areas like cybersecurity and Artificial Intelligence (AI) for the manufacturing industry. The agreement?, which was signed at the Vibrant Gujarat Global Summit 2024 in Gandhinagar, aims to build a talent pipeline comprising more than 5,000 engineers and technicians over the next five years. There is a growing demand for skilled professionals in cybersecurity and networking, especially for manufacturing entities looking to accelerate digital transformation towards the adoption of Industry 4.0 technologies, New Age Makers Institute of Technology (NAMTECH) said in a statement on Friday. "NAMTECH and Cisco have signed a Memorandum of Understanding (MoU) to create academic programme focused on developing cybersecurity, networking, and AI experiential learning and training modules for the manufacturing industry," it said. NAMTECH Director General Arun Kumar Pill

India at pivotal moment in its history: Cisco Chairman Emeritus Chambers

India is at a pivotal moment in its history and will partner the US in innovation and job creation, Chairman Emeritus of US network gear maker Cisco John T Chambers said on Thursday. "India will keep tracking towards ultimately becoming the number one economy in the world," Chambers said in a post on LinkedIn. Chambers said India is at a pivotal moment in its history and will drive growth and opportunity in the years to come. "The US and India will become the most strategic partnership in the world, driving global innovation and job creation at an accelerating pace," he added. Chambers said these opportunities and growth will be driven by initiatives like Digital and AI India, as well as India's eagerness and openness to build collaborative, strategic partnerships with the US and other key global players. Earlier this month, S&P Global Ratings had said India will be the world's third-largest economy by 2030. The US-based rating agency had said it expects India to be the fastest .

63% people believe digital services are crucial in holidays: Cisco

As many as 35 per cent of Indians would be angry if apps fail, said the survey done among 12,000 people in multiple countries

Only 26% of firms surveyed in India prepared to deploy, leverage AI: Study

Just 26 per cent of organisations surveyed in India are fully prepared to deploy and leverage artificial intelligence-powered technologies, according to the latest report by Cisco. According to Cisco's inaugural AI Readiness Index released on Thursday, Indian firms are taking proactive measures to prepare for an AI-centric future. The report surveyed over 8,000 global companies. The index was developed in response to the accelerating adoption of AI, a generational shift that is impacting business and daily life. Only 26 per cent of organisations in India are fully prepared to deploy and leverage AI-powered technologies, said a release citing the findings. While AI adoption has been slowly progressing for decades, the advancements in generative AI, coupled with public availability in the past year, are driving greater attention to the challenges, changes and new possibilities posed by the technology. "While 93 per cent of respondents believe AI will have a significant impact on th

Only 26% of organisations in India are prepared to deploy AI: Cisco Study

Ninety-five per cent of businesses globally are aware that AI will increase infrastructure workloads

HCLTech, Cisco partner to launch AI powered Meeting Rooms Services

The Meeting-Rooms-as-a-Service (MRaaS) will enable users to join meetings from any meeting solution provider using Cisco's Webex devices

Cisco to buy cybersecurity firm Splunk for $28 bn, as AI threats widen

Cisco is buying the cybersecurity firm Splunk in a USD 28 billion deal as it bolsters its defences against potential security threats that may be heightened by the widening use of artificial intelligence. The Silicon Valley tech giant will pay USD 157 per Splunk Inc. share. Our combined capabilities will drive the next generation of AI-enabled security and observability, Cisco Chair and CEO Chuck Robbins said in a prepared statement. From threat detection and response to threat prediction and prevention, we will help make organisations of all sizes more secure and resilient. The boards of both companies approved the acquisition, which is expected to close by the end of 2024's third quarter. It still needs approval from Splunk shareholders. Shares of Cisco Systems Inc. fell more than 4 per cent before the market open on Thursday, while Splunk's stock surged nearly 22 per cent.

How PLI-2 scheme is attracting traditional tech cos to manufacture in India

While PC, laptops, mobile phone makers are setting up a manufacturing hub in India, with players like HP and Cisco coming in, it adds to diversity of hardware capability the country is building

We're starting manufacturing of networking equipment: Cisco's Chittilapilly

We have announced plans to start manufacturing in Chennai because our subcontractors have a presence there, said Daisy Chittilapilly, President, Cisco India and SAARC

Cloud conglomerate Cisco likely to pick Flex as manufacturing partner

The manufacturing process will begin in Flex India's manufacturing unit, which is located in Chennai's Oragadam Special Economic Zone (SEZ)

PM Modi wants us to start building R&D around 6G technology: Cisco COO

As 5G roll-out picks up pace in India, Prime Minister Narendra Modi is already laying out the blueprint for 6G and has asked global networking giant Cisco to begin research and development (R&D) around the next-gen telecommunication technology to further empower millions, according to the company's Chief Operating Officer (COO) Maria Martinez.

Cisco to start manufacturing in India, eyes $1 billion production capacity

Cisco currently has some 15,000 employees in India with a presence in Bengaluru and two other locations. India serves as the second largest R&D center for Cisco next to the USA

Cisco CEO Robbins meets PM Modi, doubles down on local manufacturing

Cisco Chair and CEO Chuck Robbins on Wednesday met Prime Minister Narendra Modi, and discussed how the company has doubled down on manufacturing to boost exports from the country

Cisco CEO Chuck Robbins announces manufacturing plans for Tamil Nadu

US network gear maker Cisco on Wednesday announced manufacturing plans for Tamil Nadu, India, as its chairman and CEO Chuck Robbins asserted that the company is bullish about India market and its prospects. The company, in a statement, said it is targeting over USD 1 billion in combined exports and domestic production. Robbins, who is in India this week and currently on the Delhi leg of the multi-city visit, said that the energy in India is "incredible". "India has made tons on progress on digitisation. The ambition of India is very clear and momentum I felt here is incredible," he told PTI in an interview. As the company announced its manufacturing plans for India, Robbins said Cisco will have the first products off the line in 12 months, and will expand to a wider array of Made-in-India products over a period of time. Cisco's manufacturing in India will be through its contract manufacturers and partners. The company did not comment on the quantum of investments it will infuse.

India's digital public infra story worth showcasing: Cisco India President

India's transformative digital public infrastructure is a "story worth showcasing" and the interest it has generated among developing and developed nations presents a huge opportunity for the Indian tech industry, according to Cisco India and SAARC President Daisy Chittilapilly. Chittilapilly noted that India's digital public infrastructure offered a unique population-scale, low cost, accessible model, and is generating "tremendous amount of interest" from other nations. She cited the success of digital identity Aadhaar and India's Unified Payments Interface (UPI), the real-time payment system where transaction volumes are "mind blowing". "One of the topics at the G20 Presidency is showcasing digital public infrastructure that India has built over the last many years... Aadhaar is the largest national identity project in the world... look at the UPI numbers, they are mind blowing. There is nothing like UPI anywhere in the world," she told PTI in a recent interview. The Cisco India

24% of companies surveyed in India ready to defend cybersecurity threats

Just 24 per cent of organisations surveyed in India have the 'mature' level of readiness needed to be resilient against the modern cybersecurity risks, according to a new Cisco study released on Tuesday. Cisco, in a separate announcement, said it aims to train 500,000 cybersecurity professionals over 3 years across India. Cisco's first-ever Cybersecurity Readiness Index highlighted where businesses are doing well and where cybersecurity readiness gaps will widen if global business and security leaders don't take action. Underlining that readiness is critical, the Cisco study revealed that 90 per cent respondents said they expect a cybersecurity incident to disrupt their business in the next 12 to 24 months. India scored high in the global chart in terms of maturity (24 per cent), performing above the global average of 15 per cent on cybersecurity readiness. About 38 per cent of companies in India fall into the beginner or formative stages. Conducted by an independent third-party,

India to be among top 5 markets for Cisco globally by 2025: Chittilapilly

Telecom gear maker Cisco is bullish about India's business prospects where rapid digitisation across sectors and 5G play are fuelling robust growth, a top executive said on Monday, adding India is well on its way to be counted among top five markets for the company globally by 2025. On the new regulations in offing in India's telecom and IT sectors, Daisy Chittilapilly, President, Cisco India and SAARC, told PTI that guardrails are important and "needed" as connectivity improves, digital touches lives of more and more people, and new areas such as AI emerge. The guardrails are in fact good for the industry and Cisco is supportive of any regulation and law that drives towards establishing such guardrails, she said, lauding the extensive industry-wide consultations being undertaken by the government, as new rules are drafted in tech and telecom sectors. The company believes that the Indian market will be resilient for the next decade in terms of growth. Chittilapilly said India has b

Mercedes-Benz, Cisco join hands to bring mobile office to new sedans

"This partnership will help people get work done safely, securely and comfortably in their vehicles," the companies were quoted as saying

For data storage, India trusts global service providers over local: Cisco

79 per cent of all corporate respondents in the Cisco's latest survey said that data protection laws have a positive effect