Cisco’s FY24 Objective Report: Trying again whereas wanting forward

Because the world enters the clever age and Cisco enters its fourth decade, we now have an unimaginable alternative to drive moral, accountable, and sustainable management – and to convey others together with us. The power to entry and leverage digital applied sciences is changing into extra important as AI develops. Know-how is now a foundational pillar for our society, folks, authorities, and setting. It has additionally develop into the spine of resiliency, offering the entry and capabilities that ecosystems have to not simply survive, however thrive.

Cisco’s Objective: Powering an Inclusive Future for All

Image of 2 Cisco employees collaborating on a computer

The troublesome fact, nonetheless, is that a lot of the world’s inhabitants nonetheless can’t be described as “resilient” and the hole is widening as innovation and alter speed up. At Cisco, we now have the distinctive alternative to responsibly drive impression on a worldwide scale. We all know that after we put our Objective into follow, we drive development for our enterprise, folks, and communities. Now, simply forward of Cisco’s 40th anniversary, I’m thrilled to share our FY24 Objective Report, detailing our objectives, accomplishments, and the alternatives forward as we work to Energy an Inclusive Future for All. Listed below are some highlights of the 12 months:

  • Named #1 Greatest Firm to Work For in 16 nations by Fortune and Nice Place to Work
  • 86% of our workers drove group impression by donating, volunteering, advocating for causes, and extra. This marks our 5th 12 months in a row above 80% worker participation.
  • 96% of electrical energy for Cisco amenities got here from renewable sources
  • The Cisco Basis dedicated $35 million to fund local weather options since FY21
  • Cisco Talos noticed 800 billion safety occasions every day, driving world cyber resiliency
  • Cisco Disaster Responses responded to 30+ pure disasters and humanitarian crises
  • By means of Cisco Networking Academy, we reached 4.7 million college students in FY24 – and even opened the first floating Networking Academy within the Amazon
  • Cisco’s Nation Digital Acceleration program has 1,600 lively, accomplished, or in-pipeline tasks throughout 50 nations

Partnerships Constructed on Belief 

Our Objective is woven internally throughout our firm and can also be scaled externally by a community of devoted companions. Our success is fueled by the work of many – many individuals, corporations, communities, governments, Companions, prospects, establishments, and others in search of to alter our world for the higher. However this important work can solely be achieved when one key aspect is current: belief. Belief with our prospects, authorities leaders, our folks, and our communities. We all know that belief is our most beneficial foreign money. The 2024 Edelman Belief Barometer discovered that companies are most trusted to combine improvements into society — greater than NGOs, authorities, or the media. Cisco is dedicated to main with safe, trusted options, simply as we now have for 40 years. It’s a privilege to have that belief and a duty that Cisco doesn’t take calmly.

For All 

Cityscape scene with 2 roads running through it There’s monumental alternative in AI, however we should convey others alongside. As we have a look at rising markets across the globe, the potential financial impression of AI is immense. Current estimates recommend AI might enhance Africa’s economic system by US$2.9 trillion by 2030 and that India’s AI providers could possibly be value US$17 billion by 2027. However this unimaginable potential can solely be realized if work is completed to shut the digital and knowledge divide alongside the way in which. Africa and India — together with many different growing economies — lag far behind in resiliency and connectivity, curbing entry to training, healthcare, jobs, and extra.

In truth, 2.6 billion folks all over the world are nonetheless with out Web entry and even amongst these which can be linked, there are disparities in high quality and affordability. Mounted-broadband Web wanted for data-intensive apps is prohibitively costly, if obtainable in any respect. And 3G – not even 4G – stays the prevalent cellular know-how in much less economically-developed nations. Reliably and securely connecting populations is step one towards inclusion, and we must always all really feel the crucial to attach the unconnected and battle this rising divide.

Our Subsequent Large Ambition: 40 Communities 

Logo of 40 Communities with the text Connected. Resilient. Thriving. beneath 40 years in the past, Cisco was based to deal with a primary want — the necessity for connection. Since then, Cisco has linked communities, nations, and continents internationally, accelerating know-how and impacting multiple billion lives within the course of. As we have fun 40 years of impression, we’re excited to introduce our subsequent large ambition: 40 Communities. Over the following 10 years, we intend to interact, help, and spend money on 40 communities all over the world.

To take action, we plan to develop upon current choices and contributions — together with funding, know-how, and experience — in each communities the place Cisco is at present engaged and newly recognized communities. However, most significantly, we’ll faucet into our group companions — on-the-ground consultants who actually perceive a group’s largest wants, objectives, and alternatives, and who may also help us finest decide how we will create the best impression.

Trying Again Whereas Trying Forward

I’ve been fortunate sufficient to have a front-row view of Cisco’s innovation and development for practically 30 of those previous 40 years, and I discover myself reflecting on how a lot our Objective work — starting from digital skilling to Round Design Rules — has developed up to now 4 a long time. As we’ve showcased in this 12 months’s Objective Report, our progress is accelerating, particularly as AI helps us develop into extra human, extra inventive, and extra productive.

And but, there’s nonetheless a lot extra for us to do. Trying forward, we’ll by no means be capable to anticipate all of the wants or how our societies will shift. However we will decide to being powered by our Objective and serving to communities all over the world construct a extra resilient and inclusive future for all.

We invite you to assist Cisco Energy an Inclusive Future for All: Partnering for Objective


Be taught extra:

Cisco Objective Reporting Hub

Cisco Networking Academy

Cisco Nation Digital Acceleration

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