When I demonstrated Cisco’s newest network management technologies in my keynote address at Cisco Live last week, there were gasps and applause from the audience as they saw the difference between our next generation technology and the technology our competitors are touting as ‘good enough’.
The technologies I demonstrated (Cisco Prime, UCS Manager and the Cisco Virtual Switching System) are the great results of the more than $5 billion that Cisco invests in R&D on an annual basis. Cisco spends more on R&D than all of our networking industry peers combined and, for the record, we invest five times more (on a percentage of revenue basis) than the next largest networking vendor.
However, what’s more important than the size of our R&D budget is its impact and I’m proud to say that the Patent Board today recognized Cisco as the #1 innovator among 141 companies in its annual Telecom and Communications industry scorecard. Cisco ranked #1 for both the number of patents granted, as well as for the overall strength of the company’s patent portfolio, which is a combined measure of quality and quantity.
That’s a tremendous accomplishment, and I am very proud of our fantastically talented engineers. Credit is particularly due to Cisco Senior Vice President of Research and Advanced Development, Joel Bion, for his tremendous leadership of our R&D efforts. As I often say, great engineers make innovation look easy.
To our customers the message is also clear: whether it’s the 500 patents earned by the recently refreshed Catalyst 6500 (the world’s most popular switching platform) or those awarded in the creation of our ground-breaking Cisco Cius enterprise collaboration tablet, world-beating innovation is something you can always expect from Cisco.
You can find a comprehensive analysis of the Patent Board’s latest Telecom and Communications industry scorecard in the Wall Street Journal (password required).