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 at 06:41PM PST
Atle Roerdam Dec 12, 2007
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…