Cisco Systems Inc.
Cisco Systems: Innovating Globally, Engaging Regionally.
Cisco is leveraging IoT to take on some of the world’s biggest challenges that face society. It has never been a better time for Cisco to lead as the global networking and technology visionary of tomorrow. Research Triangle Park is home to one of the company’s largest hubs of innovation.
From the corporate market to small businesses and home users, there is scarcely a segment of the telecommunications and connectivity sphere that Cisco Systems, Inc., hasn’t touched. The company has defined, re-defined and innovated its way to becoming a global technology giant. And now, it’s never been a better time for Cisco’s technology to solve the world’s greatest challenges.
Founded in 1984 at Stanford University, Cisco was built around a software system originally meant for campus use. That made its products adaptable to a broader market of corporations just as growing business communications needs called for multiple network nodes. Initially operating with a lean team of systems engineers, programmers and sales associates, Cisco pioneered Internet Protocol (IP) based networking technology.
With its current market capitalization of more than $144 billion, Cisco now ranks 55th on the Fortune 500. The San Jose, Cal.-based company does business in over 165 countries and employs more than 74,000 workers.
Despite its phenomenal growth, Cisco’s spirit of innovation endures, with the company celebrating its 10,000th patent in 2013. The company has been a leader in the development of routing, switching and other advanced networking gear to support “The Internet of Things” (IoT) technology that gathers and organizes oceans of data from smartphones, mobile computers, vehicles and machines to help create better products and services through real-time insights on their performance.
Now, Cisco is leveraging IoT to take on some of the world’s biggest challenges that face society. It has never been a better time for Cisco to lead as the global networking and technology visionary of tomorrow. Cisco is securely connecting everything to drive insights that will accelerate digital transformation. Cisco’s technologies are transforming businesses, industries, and countries by making jobs safer through automated technology, making cities smarter through connected technologies, bringing water to areas that lack access to clean water, and even saving lives of endangered species.
Research Triangle Park is home to one of the company’s largest hubs of innovation. Cisco first opened its RTP location in 1995 with 200 employees. More than twenty years later, they have a twelve-building campus, complete with an onsite health center, which employs more than 5500 full time employees. It continues to grow and invest in the RTP community.
Cisco is the #2 employer in RTP and one of the top corporate tax payers in Wake County. Not only does Cisco invest in local economies by providing jobs, it encourages and supports employees’ participation in charitable giving and community involvement. Consistently recognized as a leading corporate citizen, Cisco RTP employees volunteered more than 30,000 hours in 2015.
Cisco’s “Be the Bridge” annual employee giving campaign, for example, illustrates the corporate social responsibility woven through the company. In 2015, the giving campaign supported more than 400 non-profit groups and non-governmental organizations (NGOs) worldwide, resulting in more than $4.5M of employee donations and matching contributions from the Cisco Foundation. Locally, the campaign generated more than $305,000 for local non-profit partners that include the American Red Cross, Habitat for Humanity of Durham, Wake and Orange Counties, Interact, The Food Bank of Eastern North Carolina and Triangle Family Services. The 2016 “Be the Bridge” giving campaign will expand to include more than 2000 non-profit organizations.
Cisco’s centrality in the Research Triangle Region’s corporate landscape and its economic impact are not lost on North Carolina leaders. “Cisco is a premier, Fortune 500 employer that sees the value in what RTP and North Carolina have to offer,” said state Senator Tamara Barringer, who represents Wake County in the North Carolina General Assembly.
Cisco’s commitment to the region can be seen in its annual sponsorship at the State of the Research Triangle Region breakfast. The company’s community engagement also includes technical and leadership support for other state, local and regional business organizations and initiatives.
From local innovator, talent cultivator, and community contributor to a global technology pace-setter with more than 30 years of systems innovation, Cisco remains nimble by capitalizing upon its strengths and partnering with organizations like Research Triangle Regional Partnership to enhance opportunities for leadership both in the region and beyond.