Sunday, March 16, 2025

Cisco’s FY24 Function Report: Wanting again whereas wanting forward


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

Cisco’s Function: Powering an Inclusive Future for All

The tough 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 have now the distinctive alternative to responsibly drive impression on a world scale. We all know that after we put our Function into observe, we drive progress for our enterprise, folks, and communities. Now, simply forward of Cisco’s 40th anniversary, I’m thrilled to share our FY24 Function 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 yr:

  • Named #1 Greatest Firm to Work For in 16 international locations by Fortune and Nice Place to Work
  • 86% of our workers drove neighborhood impression by donating, volunteering, advocating for causes, and extra. This marks our 5th yr 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 international locations

Partnerships Constructed on Belief 

Our Function 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, firms, communities, governments, Companions, clients, establishments, and others in search of to vary our world for the higher. However this important work can solely be achieved when one key factor is current: belief. Belief with our clients, authorities leaders, our folks, and our communities. We all know that belief is our Most worthy forex. 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 have now for 40 years. It’s a privilege to have that belief and a duty that Cisco doesn’t take evenly.

For All 

Cityscape scene with 2 roads running through it There’s huge alternative in AI, however we should deliver others alongside. As we take a look at rising markets across the globe, the potential financial impression of AI is immense. Current estimates counsel AI might enhance Africa’s financial system by US$2.9 trillion by 2030 and that India’s AI companies could possibly be price US$17 billion by 2027. However this unimaginable potential can solely be realized if work is finished to shut the digital and knowledge divide alongside the best way. Many creating economies lag far behind in resiliency and connectivity, curbing entry to training, healthcare, jobs, and extra.

In truth, 2.6 billion folks around the globe are nonetheless with out Web entry and even amongst these which are related, there are disparities in high quality and affordability. Mounted-broadband Web wanted for data-intensive apps is prohibitively costly, if out there in any respect. And 3G – not even 4G – stays the prevalent cell expertise in much less economically-developed international locations. 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 fundamental want — the necessity for connection. Since then, Cisco has related communities, international locations, and continents the world over, accelerating expertise and impacting a couple of billion lives within the course of. As we rejoice 40 years of impression, we’re excited to introduce our subsequent massive ambition: 40 Communities. Over the following 10 years, we intend to have interaction, help, and spend money on 40 communities around the globe.

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

Wanting Again Whereas Wanting Forward

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

And but, there may be nonetheless a lot extra for us to do. Wanting forward, we’ll by no means have the ability to anticipate all of the wants or how our societies will shift. However we will decide to being powered by our Function and serving to communities around the globe construct a extra resilient and inclusive future for all.

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


Study extra:

Cisco Function Reporting Hub

Cisco Networking Academy

Cisco Nation Digital Acceleration

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