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With High-Frequency Trading, Financial Firms Face New Challenges

In recent years, the financial industry has witnessed a revolution. To discuss, debate, and seek a bit of consensus on the crucial issues impacting the industry, I met earlier this year in New York with a team of experts at the Electronic Trading Innovation Council. For the event, Cisco partnered with the founders of the council, Julio Gomez and Clay Booma. I was joined by my Cisco colleagues Aron Dutta, co-managing director for financial markets, Cisco IBSG; Chris O’Connell, Cisco’s head of strategy for alternative investment markets; and Dave Malik, Cisco’s technology & architecture lead. The other participants represented a wide range of financial and tech-based firms, including BNY Mellon, Citi, Credit Suisse, Lazard Freres, Morgan Stanley, Nomura, State Street, UBS, Equinix, Savvis, and Tervela.

It was a great team, and the roundtable meetings benefited from a vast body of knowledge and a high level of participation. Read More »

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Global Paint Manufacturer Shows the Colors of the Future

CIOs around the world are at the center of technology trends such as cloud, social media, consumerization of IT, and mobility. This is the first blog in a four-part series exploring and sharing how CIOs around the world are responding to these trends and creating new ways to innovate, grow, and deliver superior customer experience.

The manufacturing industry has been hit harder than most as a result of the global recession. As the market recovers, however, manufacturers are finding that IT has also changed. Consumers are more demanding, and expect new products faster. Read More »

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HIMSS 2012 – Spotlight on Accountable Care

One major topic at this year’s HIMSS 2012 Conference, was accountable care programs. As January 1, 2012 marked the initial period for healthcare organizations to start the application process to become eligible for Accountable Care Organization status there was much debate about whether or not ACOs could improve healthcare while reducing costs.

The coordinated care provided by an Accountable Care Organization can help ensure that patients, especially the chronically ill, get the right care at the right time, with the goal of avoiding unnecessary duplication of services and preventing medical errors.

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HIMSS 2012—Highlighting Health Innovation

At this year’s HIMSS Conference, Cisco is showcasing collaboration technologies that improve the way we deliver healthcare.

Thanks to partners like AeroScout, Allscripts, Amcom, AMD Global TeleMedicine, Emerge.MD, EXTENSION, GE, Intel, McKesson, MEDITECH, NetApp, NextGen, Optum, Philips Healthcare, Radianta, Rauland-Borg, Vocera and Welch Allyn, we’re transforming clinician-to-clinician and clinician-to-patient relationships through advancements in telehealth.

If you’re in Las Vegas for HIMSS this week, stop by Cisco’s booth, #4223, where we are demonstrating how together with partners, Cisco healthcare solutions help simplify communications, facilitate collaboration, connect clinicians and provide support for the increasingly mobile healthcare environment. Read More »

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Helping the Open Internet to Thrive

Though we often take it for granted, the global data network is one of the wonders of our world.  Without that network, users around the world would not be able to surf the web, post video and text, and communicate with each other using voice, chat, and e-mail.

The success of the global data network rests on interoperability standards that were created by standards development organizations like the IETF, IEEE, ITU-T, and W3C.  In those organizations, expert technologists meet to create the standards that define how different products made by different vendors will work together.  Without standards, the Internet as we know it would not exist.

Cisco is proud that our employees have played leading roles in the creation of interoperability standards, just as they have invented many of the foundational technologies used in the global data network.  As a result of their efforts, Cisco has a portfolio of telecom and networking patents, including patents required to implement widely used interoperability standards, that is second to none.

While we have been at the forefront of networking technology, we recognize that our customers want technically excellent products and products that work well together.  For example, our unified communications customers often use Cisco products for voice and video, but products from our competitors for e-mail or instant messaging.  They are sometimes frustrated when products they purchase from different vendors don’t work well together, or when using products from one vendor forces them to implement proprietary voice or video protocols that do not enjoy broad industry support.   In unified communications, as in other areas, collaboratively developed standards are a common language that products made by different vendors can use to make their products work together, creating a better experience for customers.

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