Cisco Canada has committed to investing $150 million in Canadian venture-capital funds, incubators and innovative companies as part of its innovation hub strategy that could bring 1,700 new jobs to Ontario.

Source: CBC

Date: August 17th, 2016

Link to article with video: http://www.cbc.ca/news/business/cisco-to-invest-150m-in-startup-technology-in-canada-1.2680919

Discussion

1) “Canada continues to produce some of the top engineering and management talent in the world and is home to dynamic industries that are ripe for business transformation” says the head of Cisco Canada.  What do you think he means by “ripe for business transformation”?

2) “The company plans direct technology sector investment in areas such as cloud infrastructure, digital media, big data management, intelligent infrastructure and mobility”.  What are you doing to better understand these “transformational” technologies?