JUN
2010
23

Cisco commits to development of Russian technology

In a meeting today in San Jose, President of the Russian Federation Dmitry Medvedev and Cisco Chairman and CEO John Chambers discussed a wide-ranging series of collaborative initiatives that will underpin the Russian Federation's technology innovation agenda. During the meeting, Cisco made a firm commitment to invest $1B USD to drive entrepreneurship and sustainable innovation in Russia as a partner in achieving the country's goals.

Cisco has identified a five phase collaborative approach over this next decade through which this $1B investment will be staged. The five phases will run in parallel. During the meeting today, John Chambers and Viktor Vekselberg also signed a memorandum of understanding to underline its firm commitment to the Skolkovo Project as the platform for this innovation initiative.

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"The best way to have a good idea is to have a lot of ideas."

Linus Pauling

 
Cisco Selects Winner of Global I-Prize Innovation Contest
Find out more about Cisco I−Prize, the contest which was the main reason to build the AKS-team and start generating ideas.
 
Listen to the podcast in the German language about the winning idea and the contest.
Podcast about the winning idea and the contest
Or watch the video on youtube, on which Anna is telling the success story of our energy idea.