Case Study: Cisco ignites company-wide innovation culture with ITONICS

Cisco engages 36,600 employees with ITONICS Innovate Everywhere Challenge

Cisco, a global leader in IT and technology, faced the challenge of shifting from incremental to disruptive innovation to avoid being displaced by more agile competitors. To ignite a company-wide startup culture, Cisco partnered with vendor ITONICS to implement its platform for the Innovate Everywhere Challenge, aiming to engage a global community and identify new business opportunities.

Using the ITONICS platform, Cisco ran an eight-month challenge that facilitated ideation, validation, funding, and building of new ventures. The solution successfully engaged 49% of Cisco's global workforce, generated over 769 venture ideas, and fostered a cultural shift towards entrepreneurship. The program, which won an Innovation Leader’s Impact Award, was powered by ITONICS and resulted in 20 executives sponsoring ventures with significant seed funding.

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