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Published on Aug 29, 2012
August 2012 - Cisco has introduced the Technology Fund, a new multi-million dollar innovation fund designed to nurture disruptive ideas inside Cisco that are currently nowhere on the company's radar...but which might become another TelePresence, Catalyst or Jabber ten years from now.
Joel Bion, SVP of Advanced Research and Development at Cisco, and overseer of the new Tech Fund, explains: "If you're the general manager of a business unit at a large company, you're constantly making choices about developing features that can generate revenues almost immediately, or with investing in the development of products and services that may not generate revenue for years, or which may never generate revenue."