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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:
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Nitin Kawale
President, Cisco Canada
May 2014
Source: Wikipedia – Creative Commons
Option 1
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
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%
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.
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
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.
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.
Cisco Confidential 8 ©2014 Cisco and/or its affiliates. All rights reserved.
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
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
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
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
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.
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.
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.
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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%
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
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
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
Thank you.