Analysts suggest that 90 percent of the world’s data was generated within the past two years, but only a small percentage of that data is actually used to drive insights. AI promises us a world in which cars can predict when to swerve, to avoid hitting mothers crossing the street with their babies. It promises us refrigerators that can predict what food to order before you run out. It promises us networks that can predict when to heal themselves before they become overloaded.
Read MoreCisco has been bullish in investing in innovative IoT companies. From self-driving cars to drones, Cisco has invested in over 25 companies in IoT across the globe. In Europe, Cisco Investments has been one of the most active corporate venture capital funds in the past five years. Earlier this year, our portfolio company Relayr agreed to be acquired by Munich Re in a deal valuing the company at $300 million, making it one of the largest IoT acquisitions to date in the region.
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