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Cisco’s seventh annual Companion Innovation Problem has ascended to world prominence, charming companions from an astounding 96 international locations and distributing over $3.3 million USD in collective rewards. Final 12 months we witnessed a exceptional surge, with a 68 p.c enhance in new associate submissions. It is a testomony to Cisco and our companions being better collectively and the boundless creativity, experience, and fervent dedication that exists inside our associate technical neighborhood.
Harnessing Cisco’s open platform, companions are empowered to leverage APIs and options, delivering substantial worth to prospects whereas carving out their very own area of interest available in the market. On the core of Cisco’s Companion Innovation Problem lies a mission to drive unparalleled buyer experiences via innovation, alternative, and distinctive folks. Every year, this problem unites us in a shared endeavor to sort out challenges, domesticate software program innovation abilities, and optimize enterprise options and profitability on the Cisco platform.
Prizes Await the Visionaries
An esteemed panel of enterprise and technical specialists, comprised of Cisco workers and representatives, will assess submissions based mostly on innovation and creativity (30 factors), technical achievement (30 factors), buyer profit (20 factors), market potential (10 factors), and high quality and presentation (10 factors). The Companion Innovation Problem affords substantial rewards: International Grand Prize ($200K USD), International 2nd Place ($100K USD), and International third Place ($50K USD). Moreover, APJC awards a complete of $240K (USD), with $40K USD allotted to every of its six regional winners in ANZ, ASEAN, Larger China, India, Japan, and Korea.
Increasing Award Classes and Prizing
Cisco companions can earn extra recognition and funding for his or her endeavors. This 12 months, we introduce a brand new award class for Synthetic Intelligence (AI), that includes a $200K USD prize. With AI remaining a focus for companions and prospects alike, Cisco celebrates those that leverage this know-how to generate impactful outcomes. Notably, 41 p.c of final 12 months’s submissions included AI, highlighting its significance in reaching desired outcomes. Analysis standards for this class will concentrate on innovation, influence, Cisco alignment, technical feasibility, and scalability—every weighted equally at 20 factors.
Within the earlier 12 months, the Partnering for Goal award class skilled overwhelming participation, with 88 p.c of submissions falling beneath its purview. This underscores our companions’ dedication to innovation that transcends revenue, aiming as an alternative to make an enduring, constructive influence on the world. The Partnering for Goal class affords a $50K USD prize for the very best Environmental Sustainability innovation, and $50K USD throughout the different classes: Digital Inclusion, Worker Expertise and Financial Empowerment, and Disaster Response and Vital Human Want.
Necessary Dates
All Companion Innovation Problem submissions should be submitted by September 6, 2024. Analysis will likely be accomplished by October 6, 2024, with winners introduced at Companion Summit in Los Angeles, CA, October 28 and 30, 2024.
As companions proceed to harness the transformative energy of programmability to satisfy trade and buyer calls for, we eagerly anticipate witnessing these winners form and evolve their groundbreaking improvements. The Companion Innovation Problem underscores our steadfast perception within the paramount significance of early collaboration in our journey with companions and prospects, remodeling prospects into realities.
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