Fortune and Glassdoor reveal best U.S. companies to work for

2022 might have brought extreme highs and lows for workers, with hiring freezes and layoffs at many of the nation’s largest companies (from Microsoft to Disney to 3M), but 2023 has shown that there are still companies which will continue to double down on improving employee experience to attract and retain talent.

Check out the 2023 Fortune 100 Best Companies to Work For list, produced in partnership with Great Place to Work, which details the companies that prioritize employees the most.

The data is based on survey responses from more than 1.3. million workers nationwide.

From hospitality (Hilton) and financial services (American Express) to IT (Cisco), retail (Wegmans Food Markets) and professional services (Accenture), the top five spots in Forbes’s 2023 Best list came from industries with widely different operational practices.

Common themes emerging

While what makes a company a “best” place to work may vary, there are some common themes that emerge when looking at the list of companies.

When looking for a company to work for, it’s not all about salary and vacation time anymore. The report indicated that companies with higher ratings offered ample opportunities for career advancement, robust health care benefits, remote or hybrid work opportunities and clear, transparent communication between senior leadership and employees among other benefits.

A great workplace is less about Friday beer blasts and more about creating high-trust cultures where employees can be their authentic selves, where they can make mistakes and not get punished, where they are appreciated, and paid fairly.

These employees want to stay at their job, are proud of where they work, respect their leaders, and have a sense of purpose.

The best companies also spent the pandemic years increasing their support of employees’ well-being –from tenure-based sabbaticals to covering healthcare costs to paying their people to take vacation.

Some overhauled their benefits package to dial up the happiness knob another notch with offerings like employee equity.

Opportunities at great companies

If a people-centered culture is a must for you, it’s well worth checking out opportunities at progressive IT companies like Salesforce on the VentureBeat Job Board.

Salesforce is clearly committed to creating outstanding employee experiences. Current open positions include a Data Engineer, Snowflake Developer/ Admin in Dallas; a Manager / Senior Manager – Global Accounting, M&A in Atlanta and a Senior Accountant in Indianapolis.

Take a look also at the great possibilities at Adobe, which have been recognised for their diverse and inclusive workplace. Its mission statement is to hire the very best and are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity.

Right now it is looking to hire a Product Manager in San Jose to help drive the strategy, development and successful implementation of partner integrations with their Firefly generative AI products and services.

The successful candidate will have a Bachelor’s degree in computer science, engineering, business administration, or an equivalent and proven experience as a product manager, preferably with a focus on partner integrations or similar technical integrations.

Flying the flag for equitable workplaces is EY, a professional services company with a high level of investment in its employees.

It is an organization with a dedicated focus on continuous learning, transformative leadership and maintaining a diverse and inclusive culture. Among other exciting roles, EY is recruiting a Supply Chain Technical Senior Manager in Dallas and a Commerce Architect — Tech Consulting Manager in Chicago.

Actively improving culture

Workplaces have changed a lot since the past year. While many organizations were expecting to “go back to normal” after the pandemic effect, remote work, resignation and quiet quitting were three hard punches that have definitely impacted both company cultures and employee’s habits and are here to stay.

Organizations that actively improve their company culture can reduce employee turnover, facilitate better relationships with customers, and, ultimately, position their organization for growth. When your employees trust their managers, take pride in their work, and have camaraderie with their colleagues, the whole company prospers.

Some “green” flags: remain unchanged: people will always seek out jobs with fair salaries, tolerable co-workers and low quitting rates, but according to Glassdoor’s Best Places to Work list 2023, employees are now more interested in flexible work environments, improved benefits packages and work-life balance.

People increasingly want to know about the culture, the opportunities for upward mobility, and the education and training made available to employees. They want to know which companies are the best places to work — and what truly makes them great.

For hundreds more opportunities and to find a role that meets your needs, visit the VentureBeat Job Board today

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Cisco needs to simplify. Here’s how.

With a nearly $60 billion revenue run rate, growing at 14% and throwing off more than $5 billion in operating cash last quarter, Cisco Systems Inc. has an awesome business.

But customers are vocal about the complexity of Cisco’s portfolio and, if their concerns are not addressed head on, the company risks encountering friction beyond just economic headwinds. We believe Cisco’s challenges are most decidedly not product breadth and depth. Rather, the company’s mandate is to integrate the piece parts of its intricate offerings to create more facile and seamless experiences for customers.

In this Breaking Analysis and ahead of Cisco Live in Las Vegas June 4-8, we dig deeper into Cisco’s business and double-click on three key areas of its portfolio: 1) security; 2) networking; and 3) observability. We have spending data from Enterprise Technology Research and a guest appearance from SiliconANGLE contributor and market watcher Zeus Kerravala, principal at ZK Research.

Stocks of pure-play competitors outperforming Cisco year-to-date

Let’s start by doing some stock market comparisons.

The chart above shows year-to-date comparisons among Cisco, Palo Alto Networks Inc., Arista Networks Inc., Extreme Networks Inc. and the Nasdaq Composite. As you can see, the pure plays, as well as the NAS, are outperforming Cisco by a wide margin. That’s despite Cisco’s double-digit growth last quarter, 65% growth margins and a $200 billion market cap.

The reason is Chief Executive Chuck Robbins set modest expectations for 2024, which, when modeled out relative to Cisco’s longer-term outlook, suggest slowing momentum in the near- to mid-term. In addition, we believe the breadth of Cisco’s portfolio, while a key strength, also creates adoption challenges for the company’s customers.

What follows is a summary of how Kerravala interprets this data.

Kerravala sees this data as a nuanced comparison between Cisco, a behemoth with an impressive cash generation capability, and smaller companies such as Arista and Extreme. Despite acknowledging the somewhat fair comparison, he suggests that Cisco is handicapped because smaller entities may capture the benefits of a market trend more swiftly, Cisco’s broad scope often hampers its ability to do so. But Cisco throws off more operating cash in a quarter than these companies generate in annual revenue.

He used the example of Zoom Video Communications Inc. and RingCentral Inc., noting how Cisco’s performance paled in comparison two years ago, but the tide has turned since then, with the unified communications sector waning, but Cisco thriving in relative terms.

Kerravala believes Cisco’s breadth and stability make it a safe investment bet, but its size prevents it from realizing the rapid growth that smaller, more specialized companies can. The broad spectrum of markets that Cisco operates in implies a reduced likelihood of success across all these fronts simultaneously.

Watch Zeus Kerravala comment on the comparisons between Cisco and the pure plays.

Cisco’s business remains anchored in core networking

The table below represents the contribution of Cisco’s lines of business as reported in its financials. As we said at the top, 14% revenue growth is pretty astounding for a company of Cisco’s size. With tough comps ahead, it’s unlikely Cisco can keep up this pace.

Networking makes up more than half of Cisco’s revenue, but the company is growing its software contribution, which is just under 30% today, and its annual recurring revenue accounts for more than 40% of revenue, which gives the company better visibility on the future. This all helps prop up Cisco’s alluring 65%-plus gross margin model, which unlike many of its large incumbent competitors has held up well over decades. Moreover, Cisco’s shift to a recurring revenue and subscription model has been executed quite well compared with many firms (some much smaller, such as Splunk Inc.), which have struggled with that transition.

To break this down further, examining Cisco’s 10-K provides the following added context:

Secure, Agile Networks comprise core networking, switching, routing, wireless and compute. This includes products such as Catalyst, Nexus, Meraki and Cisco’s software-defined wide-area network products.

Internet for the Future includes optical networking, 5G, in-house silicon and optics solutions. This includes products such as the Cisco 8000, NCS 5500 and ASR 9000 series.

Collaboration includes Webex and call center solutions.

End-to-End Security comprises network security, cloud security, endpoint, threat management and zero-trust solutions.

Optimized Application Experiences includes AppDynamics, ThousandEyes and Intersight.

Here are Kerravala’s thoughts on Cisco’s portfolio, the challenges they face and what’s needed going forward:

Historically, the IT ecosystem generally has been challenged to create interoperability and cross-platform optimization. Despite its wide array of excellent products, Cisco is an example of a company taking on this challenge. One can point to EMC as a company that was crushed under the weight of its complexity and was forced to sell. IBM deals with its complexity by overlaying a massive service organization on top of its products. Nonetheless, we believe Cisco has an opportunity to address this industry problem head on.

For context, Cisco in the 1990s and beyond experienced tremendous growth, much of it through acquisitions. This created an integration challenge for CEO Chuck Robbins. Relatively early in his tenure, Robbins’ moved to reorganize the executive leadership team to address internal friction and it’s beginning to have a visible impact. As an example, Kerravala cites the unification of the Meraki and Catalyst lines, contributing to simpler execution. Specifically, last year, Cisco enabled customers to view Catalyst devices on the Meraki dashboard. While this took the better part of a decade after the Meraki acquisition, it’s evidence that Robbins is steering the ship in the right direction.

But there’s more work to do. Within Cisco’s own ecosystem, products such as Webex, Meraki and Catalyst have not historically provided a significantly better experience on Cisco’s network than competing products. But that is starting to change under Robbins. Another example of opportunity to watch is Cisco’s portfolio of products such as Kenna, AnyConnect, Talos, Meraki and Catalyst. Today, these do not yet coalesce to form a comprehensive Cisco platform story but we expect that to change in the near term.

In addition, pay attention to the consolidation of mass scale, Internet for the Future, and Secure Agile Networks under Jonathan Davidson, which should lead to better interoperability between the telecom and enterprise sides.

Security under Jeetu Patel is another proof point. For example, the announcement of the XDR solution at the recent RSA Conference is Cisco’s first cross-security solution. Security presents a massive opportunity for the industry to simplify and for Cisco to lead.

The main takeaway is Kerravala posits that Cisco’s focus should be on creating a synergistic portfolio where the collective value exceeds the sum of the parts, as opposed to having to compete fiercely on a product-by-product basis. This he believes will be a sustainable advantage for Cisco.

Watch Zeus Kerravala unpack Cisco’s vast portfolio and how they can simplify.

Spending data underscores the macroeconomic impact on Cisco’s overall business

The ETR spending data for Cisco, at a high level, shows what virtually all tech companies are facing: a decrease in the percentage of customers that are spending more relative to last year.

The candlestick chart above shows the granularity of Net Score, ETR’s proprietary spending metric that measures customer spending patterns. Of the 1,700 information technology decision makers in the most recent ETR survey, more than 1,000 are Cisco customers – so we have a nice sample. The lime green is the percentage of those customers adding Cisco new, the forest green represents those spending 6% or more relative to last year, the gray is flat spend, the pink is spending down 6% or worse and the bright red is churn. Subtract red from green and you get Net Score, which is the blue line.

You can see the steadily declining trajectory because of the gray and the reds increasing. The brown line is the pervasiveness in the overall data set, which has actually held up well. Cisco has a massive installed base and it is stable, although more customers are leaving than are being added within this survey. Remember, this survey doesn’t measure spending amount, only the percentage of customers in each bucket.

We asked Kerravala if this accurately reflects his view of the market and is the deceleration a function of economic headwinds, complexity or both? What follows is a list of his key takeaways:

  • The competitive dynamics in the networking industry have significantly shifted, with Cisco now facing more formidable rivals such as Arista, Fortinet Inc., VMware Inc. and Extreme Networks.
  • The entry of cloud companies and Aruba into the networking market introduces additional competitive pressures.
  • These industry changes necessitate sharper sales execution from Cisco, as it can no longer rely on competitors’ missteps to retain its advantage.
  • In light of this more complex competitive landscape, Cisco’s strategy must evolve to distinguish itself effectively and maintain its leading position.
  • I do think a lot of what you’re looking at there is more credible vendors are in market and that has forced sharper sales execution than it did before. In the old days, Cisco could just show up and be assured that its competitors would mis-execute. That luxury is no longer in play.

    Watch Zeus Kerravala comment on Cisco’s spending momentum data in the ETR survey and the changing nature of the competitive dynamics.

    Cisco’s center of gravity starts with core networking

    Let’s drill into the segment data, starting with networks.

    The chart above shows Net Score or spending velocity on the vertical axis and pervasiveness in the data set on the horizontal axis. The red dotted line at 40% indicates a highly elevated Net Score. We’ve highlighted Cisco overall and Meraki, a company Cisco bought in 2012 to help better control network devices.

    As is evident, Cisco stands out as the clear leader here in both presence (X axis) with very respectable customer spending velocity on its products (Y axis). In fact, we saw earlier a 29% year-on-year revenue growth figure from last quarter in networking. That is amazing for such a large business. As Cisco works through its backlog, it creates uncertainty in the forecasts, but underlying demand for Cisco’s networking products is sound.

    As well, you can see a number of other companies here, including Hewlett Packard Enterprise Co.’s Aruba, Arista, VMware with NSX and a number of others, including Cloudflare Inc., which all are hovering near the elevated 40% line.

    Kerravala laid out his thoughts as follows:

    He is somewhat critical of Cisco’s approach to its Meraki and Catalyst product lines, not on the merit of their features and value but on the lines between them. He asserts that customers should not have to choose between them. He suggests a unified hardware line that offers customers the flexibility to manage it either through Meraki or the command-line interface, or CLI. Currently, a switch from Meraki to Catalyst necessitates a complete hardware overhaul, a problem that could be resolved by a common set of hardware compatible with both management methods.

    Further, Kerravala notes that Cisco’s potential to integrate data center, campus and Wi-Fi certifications to improve the user experience has yet to be fully realized. While some integration has occurred at the campus level, the data center side remains separate. He concludes that networks should deliver applications and experiences as a single, unified entity instead of being sold as separate silos, an approach that contributes to unnecessary complexity.

    His key analysis points include:

  • He believes Cisco should offer a unified hardware line for customers, which could be managed either through Meraki or CLI, mitigating the need for a hardware overhaul when switching between the two.
  • By integrating data center, campus, and Wi-Fi certifications, Cisco could enhance the overall user experience.
  • The current siloed approach to network products adds unnecessary complexity, which, while non-trivial, will be addressed by treating the network as a single, unified entity focused on delivering applications and experiences.
  • Watch Zeus break down the Cisco’s networking challenges and thoughts on how it can simplify.

    Security is perhaps Cisco’s best upside opportunity

    Let’s shift gears and look into the all-important and exceedingly crowded security sector.

    Above we show the ETR spending data in the security market – same dimensions – Net Score on Y and Pervasion on the X. Microsoft Corp. is in the upper right and skews the data, but you can see Cisco has a major presence. As do Palo Alto Networks and Splunk. All credible on the vertical axis.

    The leaders in presence are below the 40% line, but that’s expected for such large companies. The squiggly line represents Cisco’s path over the past 10 quarters. There is no debate that the company is very strong in security, but we believe it needs to do a better job consolidating the piece parts and simplifying customer outcomes.

    Note that Cisco doesn’t have the spending velocity of the pure plays such as CrowdStrike Holdings Inc., Okta Inc., Zscaler Inc., CyberArk Software Ltd. and SailPoint Technologies Inc. — or even Cloudflare – but its Net Score is respectable. Cisco also just purchased Armorblox Inc., which uses artificial intelligence to reduce email and other risks.

    In many ways we think Cisco could be a leader in the security supercloud, bridging on-premises, multiple clouds and edge security experiences.

    The following summarizes Keravala’s thoughts:

    Kerravala acknowledges Cisco’s success in the security sector, citing notable products such as Kenna, Talos, Umbrella, Duo and AnyConnect. However, he identifies a critical missing element: a more coherent Cisco security narrative. The fact that these products are still referred to individually underscores this problem.

    According to Kerravala, the future of security is shifting toward platform-based solutions, moving away from signature-based systems to AI- and analytics-based models. Given Cisco’s broad network reach, the company should possess an unequalled advantage in security, having the ability to detect things that others can’t. Nevertheless, Cisco still needs to integrate its products and offerings better, a process that began with the XDR announcement at the RSA Conference and we believe will continue.

    Key takeaways:

  • Cisco has a range of high-quality security products but lacks a unified security narrative.
  • The future of security is shifting toward platform-based solutions, underpinned by AI and analytics.
  • Despite their extensive network reach providing a potential competitive advantage, Cisco is expected to continue to improve integration between their various offerings.
  • The announcement of the XDR solution at RSA was a positive step towards a more unified platform approach, and further advancements are anticipated at Cisco Live.
  • In many ways Cisco has been successful in security despite industry complexity and its own complex structure.

    –Zeus Kerravala

    Kerravala claims Cisco has succeeded in cybersecurity despite itself but has a great opportunity if it can address some of the stovepipe challenges.

    The emerging observability opportunity

    Let’s now dig into observability, which is sort of the confluence of log analytics, application performance management, monitoring and related fields. Cisco has a major stake in this business through its acquisitions of AppDynamics and ThousandEyes.

    Before we look at the spending data, here’s what one customer said in an ETR roundtable about this topic:

    This is a head of engineering… a customer who says I’m sticking with AppD. This person references the value of the ThousandEyes acquisition along with AppD and security. The application-centricity is an attractive dynamic to this Cisco shop. SecureX is Cisco’s integrated security play, which admittedly needs more and better integration. But basically in the second quote this person calls out the attractiveness and value of a single platform. If you’re a Cisco shop. And if not it’s a “free game” – perhaps implying a free-for-all of complexity.

    AppD perhaps presents the biggest opportunity for Cisco since they’ve acquired it. I really expect AppDynamics to become the tip-of-the-arrow sale for Cisco… and I would like to see AppD become a lead sales tool across Cisco’s portfolio. I think it must (and will) happen -Zeus Kerravala

    Key takeaways from Kerravala’s commentary on this topic:

  • He has high praise for ThousandEyes and AppDynamics and their adaptation into Cisco’s product portfolio. He particularly appreciates the internet performance visibility that ThousandEyes provides, which is especially critical in today’s corporate world where the internet is heavily relied upon for operations.
  • However, he feels Cisco has even more opportunities to use AppDynamics to increase its full potential. AppD’s ability to provide insights into application performance which can inform network upgrade decisions is powerful.
  • Kerravala sees recent improvements in Cisco’s understanding of how to effectively use AppDynamics, partly thanks to Liz Centoni’s oversight of emerging tech. He cites the introduction of “business risk observability” at Cisco Live EU as a positive development in this regard. This tool allows the mapping of threat data to application environments, which aids in prioritizing network and security initiatives by potential impact.
  • With AppDynamics, initiatives can now be ranked by business value, thus simplifying the sales model. It shifts the discussion from technical specifics to business metrics, helping communicate the business performance improvements that network upgrades can bring about.
  • Watch Kerravala’s commentary on Cisco’s observability play with ThousandEyes & AppD.

    Comparing key observability players’ spending profiles

    Let’s get into the ETR data. ETR doesn’t have a full-stack observability category, but through this next view below we’re able to bring in various companies that are hovering around the space to see their relative positions.

    It’s a similar chart above where we show Net Score against pervasiveness in the data. And we’ve plotted Splunk, Datadog Inc., Elastic N.V., Grafana Labs, Dynatrace Inc. and New Relic Inc.. You can see AppDynamics, which Cisco bought in 2017 for almost $4 billion. And it introduced Intersight shortly thereafter as a visualization and orchestration tool. But there were still holes in the portfolio as the market moved to full-stack observability, so Cisco bought ThousandEyes during the COVID pandemic for about $1 billion. Then it sort of strung them together with an overlay, but the story is not over.

    Cisco has an opportunity to really take these pieces and integrate them across the portfolio in a potentially game-changing way. At least in the manner that one customer described earlier – especially for Cisco shops.

    Kerravala’s primary argument is that the industry needs to to deliver on the vision of full-stack observability. Cisco has an opportunity to lead by streamlining its many panes-of-glass solutions into a unified, intuitive dashboard. The diverse range of visibility tools it currently offers could be more effectively utilized if they were integrated into one comprehensive system, with AppD serving as the principal lens. Operational specifics could then be accessed through drill-down features, allowing for a more organized and efficient user experience. This could be game-changing for Cisco.

    Kerravala’s key takeaways on observability:

  • Cisco must make good on its promise of full-stack observability.
  • The current multitude of Cisco’s single-pane-of-glass solutions should be streamlined into a unified dashboard.
  • AppD should be the main view, with the ability to drill down into the other specific tools.
  • He recognizes that Cisco already has all the necessary components; the challenge lies in integrating them into a cohesive system.
  • Kerravala comments on Cisco’s many panes of glass.

    What to watch at Cisco Live 2023

    Kerravala just published a “Know before you go” post on SiliconANGLE, outlining his thoughts on what to expect at Cisco Live. Let’s review that and what we’ll be looking for next week.

    Whither AI for Cisco?

    A key question is how Cisco will handle AI. These days, brands run the risk AI washing, but if you bury the AI lede, you look less relevant. In our view, Cisco at the very least has to use AI to make Cisco infrastructure run better and more secure through automation and better management.

    Here’s a summary of key points from our conversation with Zeus on what to expect from Cisco Live in terms of AI:

  • We don’t expect Cisco to brand itself as an AI company like Nvidia Corp. or even IBM Corp.’s attempts to do so. Instead, AI will remain an integral part of their overall toolkit used to build their products.
  • AI has been part of Cisco’s portfolio for a while. It underpins products such as intent-based networking and Encrypted Traffic Analytics, which uses AI to detect malware in encrypted traffic.
  • The company’s collaboration portfolio is also AI-rich, but it is considered more of an operational tool rather than a product that’s sold separately.
  • AI might be highlighted more during keynotes due to current hype, but it’s not the company’s primary focus.
  • The use of AI, such as a ChatGPT-like interface, could be beneficial for Cisco’s operations, like using Webex to find information or for network operations to identify areas in need of upgrades. This would essentially make their portfolio more user-friendly.
  • Natural language processing can simplify interfaces, relieving the load from high-level engineers and delegating tasks to tier one or two support.
  • The security opportunity calls for Cisco

    We’ll be watching the security space closely. We believe it’s a mandate that Cisco integrate its vast portfolio across on-prem, all the major clouds and out to the edge. Palo Alto Networks has the leg up on consolidation in our opinion, but Cisco has such a major presence that it can do very well in this area, coming at the problem its strength in networking.

    Here’s a summary of what we think Cisco needs to do in security and what we’ll hear at Cisco Live:

  • Security is important because it offers the most substantial growth potential for Cisco, as it is a single-digit player in a market projected to be worth $75 billion-plus.
  • Even a slight increase in market share, such as reaching 10%, would greatly boost Cisco’s revenue.
  • The long-term vision is to have Cisco’s security share match its network share, and to have Cisco network and Cisco security working together for improved risk identification and resolution.
  • We hope to see more integration of Cisco’s cloud security products to create a more unified and user-friendly experience.
  • The security industry often makes the user the integration point, which can lead to confusion and inefficiency. This needs to be addressed by the industry at large and Cisco has an opportunity to attack this problem.
  • Cisco is in a unique position to make security more user-friendly and seamless because it owns the network and can embed a lot of security features into it.
  • We anticipate hearing more about Cisco’s progress on its vision for security and expect to see more of the product roadmap at the upcoming event.
  • Can Cisco be the supercloud network?

    Core networking is always a the forefront of Cisco Live. I keep coming back to the supercloud concept – a singular experience across clouds in a cloud-native fashion. Can Cisco bridge the legacy world of apps and infrastructure with cloud-native?

  • Cisco is not going to become a cloud provider like Amazon Web Services Inc., but it has the potential to be an abstraction layer that enables the concept of a “supercloud.”
  • A network supercloud would allow customers to use multiple cloud providers, edge locations, and private data centers seamlessly as one logical cloud.
  • Traditional cloud providers will not enable this, as their tools are specific to their platforms. Cisco, however, can provide network transport, security and optimization that transcend individual cloud platforms.
  • Cisco can become the bridge between physical clouds and create a logical supercloud thanks to its work with cloud providers, telcos and tools such as ThousandEyes and AppDynamics.
  • This process begins with networking, hoping to see more progress with the Meraki/Catalyst integration at the upcoming show. We are also looking for advancements in consolidating different versions of Wi-Fi and other disparate parts of Cisco’s networking story.
  • Collaboration: Hybrid work is still a big thing

    What about collaboration? That business went from rocket ship to rapid deceleration post-pandemic, but hybrid work isn’t going away and it brings real challenges. Is this a game of integrating with your security portfolio to reduce risk? Or creating better and more simplified user experiences? We know that Jeetu Patel wants to make Webex 10 times better than any other platform.

  • We believe Cisco’s primary challenge in the collaboration market is Microsoft Teams. Despite having a poorer user experience compared with competitors, Teams is widely adopted thanks to its inclusion in Microsoft licensing plans.
  • Teams, however, can prove costly when additional features such as voice and security are added.
  • Cisco has accepted the coexistence with Teams, allowing its devices to run Teams natively. This could be beneficial as companies are likely to use more than one collaboration vendor.
  • We believe Cisco’s WebEx, loaded with extensive features, can offer a better experience for specific departments and expand its presence within organizations gradually.
  • A suggested strategy for Cisco is to manage other collaboration platforms through the WebEx console, offering better management for those platforms and then gradually introducing their own solutions.
  • In the context of observability, the application-centric view is crucial. Prioritizing network upgrades and security deployments based on their impact on application performance can provide quantifiable business metrics.
  • Cisco’s AppDynamics offers a unique perspective into application performance that other infrastructure vendors may lack. This tool could be instrumental in making such decisions.
  • Application centricity is the opportunity in full-stack observability

    Cisco we think has an opportunity to make some moves in full-stack observability, but the linchpin as Kerravala wrote on SiliconANGLE is the application-centric view of the world. The two main takeaways from our conversation on observability include:

  • The application-centric view is crucial. Prioritizing network upgrades and security deployments based on their impact on application performance can provide quantifiable business metrics.
  • Cisco’s AppDynamics offers a unique perspective into application performance that other infrastructure vendors may lack. This tool could be instrumental in making such decisions.
  • Every large tech company has to address ESG

    And finally we asked Kerravala if he has ever been to a Cisco Live where Chuck Robbins hasn’t done his part to address environmental, social and governance issues? Here’s a summary of what we discussed:

  • Cisco has a corporate goal to positively impact a billion lives by 2025. It’s making significant progress toward this goal through a variety of programs. It’s part of the Global Citizen group, and it conducts contests and provide financial support to entrepreneurs aiming to make the world a better place.
  • Cisco’s products also help with sustainability. They are embedded with features such as EnergyWise, which shuts off the network when it is not in use and turns it back on when it is needed.
  • Cisco’s custom application-specific integrated circuits are optimized for specific network functions, leading to lower power consumption.
  • The company offers Power over Ethernet features to further support sustainability.
  • At events such as Cisco Live, it has highlighted these sustainability features, and we expect to see more of this in the future.
  • We didn’t talk much about edge, but it’s a significant part of the future and we anticipate hearing more about it in the future.

    Here’s the full conversation about what to expect at Cisco Live

    Finally, theCUBE will be at Cisco Live in Las Vegas at the Mandalay Bay. We’re on the expo floor across from the Net Vet Lounge, which is Booth 1427. We have a small space so we’re doing the pop-up CUBE and we’d love to see you. By all means please stop by and say hello.

    Keep in touch

    Many thanks to Zeus Kerravala for stopping by the studio to share his knowledge. Thanks to Alex Myerson and Ken Shifman on production, podcasts and media workflows for Breaking Analysis. Special thanks to Kristen Martin and Cheryl Knight, who help us keep our community informed and get the word out, and to Rob Hof, our editor in chief at SiliconANGLE.

    Remember we publish each week on Wikibon and SiliconANGLE. These episodes are all available as podcasts wherever you listen.

    Email david.vellante@siliconangle.com, DM @dvellante on Twitter and comment on our LinkedIn posts.

    Also, check out this ETR Tutorial we created, which explains the spending methodology in more detail. Note: ETR is a separate company from Wikibon and SiliconANGLE. If you would like to cite or republish any of the company’s data, or inquire about its services, please contact ETR at legal@etr.ai.

    Here’s the full video analysis:

    All statements made regarding companies or securities are strictly beliefs, points of view and opinions held by SiliconANGLE Media, Enterprise Technology Research, other guests on theCUBE and guest writers. Such statements are not recommendations by these individuals to buy, sell or hold any security. The content presented does not constitute investment advice and should not be used as the basis for any investment decision. You and only you are responsible for your investment decisions.

    Disclosure: Many of the companies cited in Breaking Analysis are sponsors of theCUBE and/or clients of Wikibon. None of these firms or other companies have any editorial control over or advanced viewing of what’s published in Breaking Analysis.

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    Sustainability and Co-Innovation: Shared Passions of Enel and Cisco CDA

    Published 06-09-23

    Submitted by Cisco Systems, Inc.

    Mountain landscape with wind turbines

    This blog was co-authored by Sophia Filipe, Country Digitization Program Manager, within the Cisco Country Digital Acceleration (CDA) program. This is the second in a series of blogs on CDA Sustainability Projects that go behind the scenes of the sustainability projects we are engaged in, and the impact we are having through Cisco’s CDA program.

    Enel Group, a global Italian power utility, have constantly embraced new technologies to make energy more reliable, more affordable, and more sustainable, from the introduction of the first smart meter to becoming the world’s largest producer of renewable energy. Through a Cisco CDA investment, Cisco has partnered with Enel to co-innovate on digital solutions and support energy decarbonization, digitization and decentralization.

    Innovation and sustainability are of great importance to both companies, and Enel and Cisco are eager to collaborate on digitizing critical infrastructure and support progress towards global net zero greenhouse gas (GHG) emissions ambitions.

    We sat down with members of Cisco’s Enel team, Giovanni Colombo, systems architect, and Federica Ingrao, account manager, to hear their perspective on sustainability and the outcomes this unique partnership can drive.

    It is critical to address climate change now. Why is it important to Enel and to you?

    Federica: My personal commitment to sustainability goes back to growing up in Sicily, Italy. The ecology and history of Sicily is strongly connected to sustainability. Its culture and economy have a deep connection to nature. For me, it is important to work for a company that values the environment. Sustainability is an integral part of Cisco´s purpose to Power an Inclusive Future for All, and this makes me feel that I’m contributing to these efforts as well.

    Giovanni: I think every day about our ability to support a healthy planet for all. That is why we are striving to align Cisco and customer’s goals. With the co-innovation program we have in place with Enel, we are supporting this alignment. Enel is one of the world’s biggest power utilities in energy generation, distribution and supply, and number one in the world for installed capacity of renewable energy. Working together, we can contribute to protect natural resources, accelerate the renewable energy transition, and help reverse the impact of climate change.

    How is Cisco co-innovating with Enel, and why does this matter?

    Giovanni: While Cisco and Enel have worked together for many years, we expanded the relationship in 2017 by signing a co-innovation agreement.  Under that agreement, Cisco became Enel’s Global Technology Partner to develop innovative solutions for electricity grids, to promote and spread Industrial Internet of Things (IIoT) technologies, to enhance cybersecurity processes, and to scout for co-innovation solutions based on Open Innovation. Our companies are now working together to define, design, test and deploy digital architectures.

    We have three pillars that guide our co-innovation:

  • First is digitizing and improving the operational efficiency of the grid. Cisco technology can enable the grid to have capabilities like real-time remote monitoring of consumption levels and grid function, and automated self-healing. These capabilities allow Enel to restore grid faults remotely and automatically reduce wasteful interruption, and support Enel’s overall emissions reduction in Operation and Maintenance (OM) activities — all of which can have positive impact for local communities.
  • Second is a unified convergent IT/OT network designed with circularity in mind. Cisco and Enel designed Enel’s network to save power, space, and maintenance to reduce carbon emissions. The design includes digitized electrical infrastructure, interconnecting tens of thousands of substations and introducing an IoT distributed sensor system for real-time maintenance of the grid’s primary substations. This advanced network approach at Enel’s large scale significantly contributes to better use of limited natural resources.
  • The third pillar is the ability to increase Enel’s renewable energy hosting capacity. Through projects co-designed with Cisco, Enel strives to deliver gigawatts of renewable energy hosting capacity. When we say renewable energy, we mean distributed solar, wind, hydro and geothermal energy sources that need to be connected to the grid, supporting operational security and allowing voltage and power flow control in a smart grid architecture.
  • How can this partnership help Cisco Enel progress towards joint and individual sustainability goals?

    Federica: One way we see Cisco supporting Enel is through sharing information, best practices and helping them achieve sustainability goals.

    Giovanni: Another interesting point of the co-innovation agreement is skills exchange. We had several meetings and trainings where we gained vertical knowledge of the electrical grid from Enel, and we in turn shared our knowledge about the IT network for digital smartgrids. The co-education pillar has been one of the most successful outcomes.

    Moving forward, how do Cisco Enel plan to leverage innovation for greater sustainability impact?

    Federica: For the Cisco Enel team, innovation is a key part of supporting sustainability. If we look at companies such as Enel, they can support economic profit and sustainability in the countries in which they operate. Innovation and sustainability go hand-in-hand.

    Giovanni: Enel launched, and now partially owns, a new company called Gridspertise. Gridspertise partners with Distribution System Operators (DSOs) around the world to upgrade their distribution systems by adding intelligence and preparing them for the future. Their mission is to deliver a new era of sustainable and reliable smart grids through innovative, flexible and customer-driven digital solutions that are circular by design. With support from its trusted partnership with Cisco, Gridspertise is making strides in advancing sustainability and novel solutions to the external power utility market

    Grid operators like Enel need to move energy to turn the lights on for the world, and an ‘always on’ Industrial IoT network helps support that mission. We are eager to see Cisco and Enel’s co-innovation efforts grow and continue advancing digitization of the utilities market and sustainability.

    View original content here


     




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