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October 31, 2007
Video: Cisco SVP Marthin De Beer on Cisco I-Prize
Cisco SVP of Emerging Technologies, Marthin De Beer, discusses Cisco I-Prize, which was announced today in conjunction with the opening of Cisco's Globalisation Centre East in Bangalore, India.
In the following video Marthin explains Cisco I-Prize, how ideas are evaluated, what's in it for Cisco and offers advice for those participating.
For more info on Cisco I-Prize, see http://www.cisco.com/iprize
Posted by Cisco PR on October 31, 2007 04:41 PM
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Comments
Hmmm... This video tells me that I can give away IPR values to Cisco almost for free. A 250 000 dollar reward is the first price. Also that you get a job.
Now lets say I have a good idea. First of all, I dont want a job. I am an inventor.
Secondly, with a upper limit off 250 000 US dollar it can be a very expensive project... for YOU that has the idea.
If I was to make a deal with Cisco related to any idea, patented or not, It would never be trough this system. This Iprize system.
I would want stocks as payment and also a fair deal.
If Cisco makes millions on the idea you bring, then also you should enjoy the sucsess.
The Iprize conditions looks like a robbery to me.
And I am visiting Ciscowebsite because I want to present a idea, backed by a patent application.
This idea is related to Entertainment Operating System.
But reading about a 250 000 dollar limit, its just to move on to the next company involved in such business.
If you payment is peanuts, you only get monkeys...
Posted by Atle Roerdam on December 12, 2007 05:42 AM
