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Posted by Phil Alsop on 08 February 2024 at 1:21 pm
  • news

At its flagship technology event in Europe, with over 14,000 of the world’s leading IT professionals attending, Cisco has announced major momentum in Artificial Intelligence (AI) across the entire portfolio.

Few transformational technologies have generated the kind of interest as AI and, most recently, Generative AI (GenAI). Organizations around the world are finding exciting new ways to collaborate, manage applications, enhance their digital security and reimagine customer experiences. However, each of these elevate concerns over moving and accessing data, accuracy, privacy, and the ethical and responsible use of AI.

It’s estimated that GenAI could add $4.4 trillion to global GDP each year. Yet there are challenges in place around enabling companies to get there. The recent Cisco AI Readiness Index, a survey of more than 8,000 private sector, business and IT leaders across 30 countries, found that 95 percent of respondents have an AI strategy in place or under development. Yet only 14 percent are ready to integrate AI into their businesses.

“The opportunity to power progress has never been greater. In an unpredictable world, technology is at the forefront of solving whatever challenges we may face. With AI, we see infinite possibilities and a future that’s more efficient, more innovative and benefits everyone. At Cisco, we’re excited about the role we play. We have the infrastructure to power AI, the portfolio optimized

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