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TelePresence Powers Cisco’s Emerging MarketsThis week, Charlie Giancarlo, Cisco’s chief development officer, spoke about Cisco’s cultivation of innovation. Listen to the entire podcast.Along those lines, Cisco recently formed its Emerging Markets group aimed at generating new products and business from within the company.”The Emerging Markets group exists to create all new products that are not likely to come from our existing business units. Our recently launched Cisco TelePresence product is a great example of what the group is up to,” Giancarlo said.”Such innovative technology needs a focused and from-the-ground-up effort that the Emerging Markets group is set up to provide.”As I’ve told the leader of that group, Marthin De Beer, I’m not looking for him to produce x number of new products per year,” said Giancarlo. Watch a video of DeBeer explaining TelePresence. “I’m looking for major new market opportunities and to have the business plans for those worked out well enough where we can expect to have a 60 percent success rate. It’s really a place where the entrepreneurs at Cisco…can shine.”

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