• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    AI and the Workforce: Industry Report Calls for Reskilling and Upskilling as 92 Percent of Technology Roles Evolve

    7/31/24 12:11:00 AM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications
    Get the next $CSCO alert in real time by email

    Leading technology and workforce development companies release comprehensive report, analyzing AI's impact on top technology jobs and outlining immediate training opportunities

    News Summary:

    • "The Transformational Opportunity of AI on ICT Jobs" report finds that 92 percent of jobs analyzed are expected to undergo either high or moderate transformation due to advancements in AI.
    • Led by Cisco, created by Consortium members, and analyzed by Accenture, the new report identifies essential trainings in AI literacy, data analytics and prompt engineering for workers seeking to adapt to the AI revolution.
    • The AI-Enabled ICT Workforce Consortium consists of Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP. Advisors include the American Federation of Labor and Congress of Industrial Organizations, CHAIN5, Communications Workers of America, DIGITALEUROPE, the European Vocational Training Association, Khan Academy and SMEUnited.

    SAN JOSE, Calif., July 31, 2024 /PRNewswire/ -- Today, the AI-Enabled ICT Workforce Consortium–led by Cisco (NASDAQ:CSCO) with industry leaders Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP, along with key advisors–released its inaugural report, "The Transformational Opportunity of AI on ICT Jobs." This comprehensive analysis provides an unprecedented look at the effects of artificial intelligence on nearly 50 top information and communication technology (ICT) jobs, offering actionable training recommendations to enable an AI-powered workforce.

    Entry-level and mid-level ICT professionals are at the forefront of AI transformation

    The initiative and resulting report seek to empower workers to reskill and upskill with recommendations underscored by today's evolving job requirements. With the introduction of technology and tools such as ChatGPT, Gemini, Midjourney and further emergence of AI tools, workers must prepare for digital work environments increasingly adept at mimicking human capabilities. According to a recent World Economic Forum study, 58 percent of surveyed employees believe their job skills will change significantly in the next five years due to AI and big data.

    "AI represents a never-before-seen opportunity for technology to benefit humankind in every way, and we have to act intentionally to make sure populations don't get left behind," said Francine Katsoudas, Chief People, Policy & Purpose Officer, Cisco, and founding member of the AI-Enabled ICT Workforce Consortium. "Across the Consortium member companies, we have made it our collective responsibility to train and upskill 95 million people over the next 10 years. By investing in a long-term roadmap for an inclusive workforce, we can help everyone participate and thrive in the era of AI."

    Key Findings: Every Job Becomes an AI-Influenced Job

    Key findings from the report offer a holistic view of the impact of AI on ICT jobs, empowering workers and employers to embrace the AI-driven future of work:

    • 92 percent of ICT jobs analyzed are expected to undergo either high or moderate transformation due to advancements in AI.
    • Entry-level and mid-level ICT professionals are at the forefront of AI transformation with 40 percent of mid-level positions and 37 percent of entry level positions expected to have high levels of transformation.
    • As AI continues to redefine job functions, certain skills will rise in importance (such as AI ethics, responsible AI, prompt engineering, AI literacy, Large Language Models [LLM] architecture and agile methodologies), while others may become less relevant (traditional data management, content creation, documentation maintenance, basic programming and languages, and research information).
    • Foundational skills are needed across ICT job roles for AI preparedness, including AI literacy, data analytics and prompt engineering.

    Actionable Insights for Workers and Employers

    The Consortium report provides a thorough examination of AI's impact on 47 information and communication technology roles across seven job families via a Job Transformation Canvas. The roles were selected based upon the highest volume of job postings for the period of February 2023-2024 in the U.S. and Europe, according to Indeed Hiring Lab. Taking a skills-based approach, the Job Transformation Canvas describes each role inclusive of a job description, principal tasks and corresponding skills. 

    The Job Transformation Canvas goes further to outline how AI will influence each role and identify future skills required, skills made less relevant by AI as well as those complemented by it. Workers can use the Job Transformation Canvas as a training companion as they ready for an AI-fueled job market. Employers can leverage the report as a training development guide to cultivate and enable their AI-ready workforces.

    Read the report

    The AI-Enabled ICT Consortium report resides at https://www.cisco.com/c/m/ai-enabled-ict-workforce-consortium.html for workers and employers to navigate jobs roles of interest–from business analyst and data scientist to IT manager to information security specialist–across seven job families including: business and management, cybersecurity, data science, design and user experience, infrastructure and operations, software development, and testing and quality assurance. Each ICT job receives an AI-impact evaluation with detailed recommendations for reskilling and upskilling. The core skills and training recommendations enable employers to take immediate action. 

    Our Commitment to Training

    The report complements the Consortium members' commitment to building an inclusive workforce with family-sustaining and economy-developing opportunities. Consortium members have committed to developing worker pathways particularly in job sectors that will increasingly integrate AI technology. To that end, Consortium members have established forward-thinking goals with skills development and training opportunities to positively impact over 95 million individuals around the world over the next 10 years. Consortium member goals include:

    • Cisco to train 25 million people with cybersecurity and digital skills by 2032.
    • IBM to skill 30 million individuals by 2030 in digital skills, including 2 million in AI by the end of 2026.
    • Intel to empower more than 30 million people with AI skills for current and future jobs by 2030.
    • Microsoft committed to training and certifying 10 million people in digital skills by 2025, surpassing this goal by training and certifying 12.6 million people a year ahead of schedule.
    • SAP to upskill two million people worldwide by 2025.
    • Google has recently announced over $130 million in funding to support AI training and skills for people across the US, Europe, Africa, Latin America and APAC.

    Expanding Impact to Empower Workers and Employers Across the Globe

    In June 2024, in response to feedback from leaders across the globe, the AI-Enabled ICT Workforce Consortium expanded its scope to include all G7 countries—adding Canada, Japan and the United Kingdom to the analysis of the most in-demand ICT job roles. During the next phase of Consortium work, analysis of jobs and presentation of best practices will be inclusive of the additional countries. The Consortium also plans to introduce an AI Workforce Playbook, designed to empower SMBs and large companies to upskill their workforce proactively.

    Support from AI-Enabled ICT Workforce Consortium Members

    Accenture

    "As we look to unlock the full promise that AI brings, it is essential that we equip people with the skills they will need, and which they are eager to learn. The far-reaching impact of this technology demands that we design learning pathways that will position everyone to have deeper AI skills as the work in our industry requires. The initial report from the Consortium is an important step to turn aspiration to action – with specific reskilling recommendations that can accelerate progress for individuals, organizations, and society." – Ellyn Shook, Chief Leadership & Human Resources Officer at Accenture 

    Eightfold

    "This report clearly demonstrates the immediate impact of AI on almost any career, regardless of industry or size. Creating a talent-centered organization, in which the entire workforce can learn and grow responsibly, is the next step for every successful business." – Ashutosh Garg, Co-CEO and Co-founder at Eightfold AI

    Google

    "The benefits of AI must be accessible to every worker. We're proud to support the Consortium's new research, which will advance our shared vision to equip all workers with the AI skills they need to succeed in the jobs of today and tomorrow."  – Lisa Gevelber, Founder of Grow with Google

    IBM

    "At IBM, we have been investing in the future of work through access to education and training opportunities for decades. The findings of this report further highlight the significant need for upskilling and reskilling, particularly with the rise of AI. Now, those in the ICT sector — from students to workers to employers — have the data about which jobs will change, how they will change, and what individuals and employers can do to prepare for this shift and remain competitive in the evolving global labor market." – Lydia Logan, Vice President, Global Education and Workforce Development at IBM

    Indeed

    "We are excited by the impactful work this group is doing to understand the likely impact of AI on ICT workers and provide employers with the resources to support their workforce through this transformation. Indeed's mission is to help people get jobs. As AI skills rise in prominence, we're prioritizing skills-first hiring, to help job seekers demonstrate their AI capabilities and to connect employers to the broadest possible pool of talented job seekers across a broad range of industries." – Hannah Calhoon, Head of AI Innovation at Indeed

    Intel

    "We believe AI represents a paradigm shift with great potential to deliver new opportunities and tools, and our goal is to advance AI responsibly to help solve the world's most significant challenges. Training, upskilling and reskilling workers on how to collaborate with AI and be critical thinkers is vital to our workforce and our next generation of innovation." – Christy Pambianchi, Executive Vice President and Chief People Officer at Intel Corporation

    Microsoft

    "AI can be a tool that empowers workers around the world, but they must have the skills to use it. That's why Microsoft has committed to helping people and communities around the world gain new and necessary AI skills, and this new report contains important recommendations to take the global workforce into the future." – Naria Santa Lucia, General Manager, Skills for Social Impact at Microsoft

    SAP

    "What stands out from this research beyond the undeniable needs for responsible AI development and broad AI literacy across all ICT jobs, is the necessity for all roles to enhance their higher-order skills, such as critical thinking, creativity, and complex problem-solving. Beyond the initial adoption of AI, we believe evaluating the second-order effects of these skills shifts will highlight which skills will be commoditized and which will be differentiating in the future." – Nicole Helmer, Vice President & Global Head of Development Learning at SAP

    About Cisco

    Cisco (NASDAQ:CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on X at @Cisco.

    Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

    Cisco Logo (PRNewsfoto/Cisco)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ai-and-the-workforce-industry-report-calls-for-reskilling-and-upskilling-as-92-percent-of-technology-roles-evolve-302210629.html

    SOURCE Cisco Systems, Inc.

    Get the next $CSCO alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $CSCO

    DatePrice TargetRatingAnalyst
    2/18/2026Buy → Hold
    Erste Group
    1/26/2026$100.00In-line → Outperform
    Evercore ISI
    11/10/2025Hold → Buy
    Erste Group
    11/3/2025$88.00Neutral → Buy
    UBS
    8/15/2025$69.00Buy → Hold
    HSBC Securities
    7/28/2025$72.00Outperform → In-line
    Evercore ISI
    7/8/2025Peer Perform
    Wolfe Research
    6/26/2025$77.00Overweight
    KeyBanc Capital Markets
    More analyst ratings

    $CSCO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 4 filed by Stahlkopf Deborah L

    4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)

    3/19/26 4:37:48 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    SEC Form 4 filed by Tuszik Oliver

    4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)

    3/19/26 4:37:21 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Director Tessel Marianna was granted 383 shares, increasing direct ownership by 1% to 37,061 units (SEC Form 4)

    4 - CISCO SYSTEMS, INC. (0000858877) (Issuer)

    3/17/26 6:01:17 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    $CSCO
    SEC Filings

    View All

    SEC Form 10-Q filed by Cisco Systems Inc.

    10-Q - CISCO SYSTEMS, INC. (0000858877) (Filer)

    2/17/26 4:27:10 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Cisco Systems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - CISCO SYSTEMS, INC. (0000858877) (Filer)

    2/11/26 4:07:20 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    SEC Form S-8 filed by Cisco Systems Inc.

    S-8 - CISCO SYSTEMS, INC. (0000858877) (Filer)

    1/16/26 4:15:39 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    $CSCO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Cisco downgraded by Erste Group

    Erste Group downgraded Cisco from Buy to Hold

    2/18/26 9:41:39 AM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Cisco upgraded by Evercore ISI with a new price target

    Evercore ISI upgraded Cisco from In-line to Outperform and set a new price target of $100.00

    1/26/26 8:32:07 AM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Cisco upgraded by Erste Group

    Erste Group upgraded Cisco from Hold to Buy

    11/10/25 9:50:30 AM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    $CSCO
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Cisco Secure AI Factory with NVIDIA Makes AI Easier to Deploy and Secure, Anywhere Organizations Need It

    Expanded architecture lets businesses run AI at scale, from central data centers to the factory floor, without sacrificing performance or securityNEWS SUMMARY:Cisco expands its Secure AI Factory with NVIDIA to work not just in large data centers, but at local edge sites where real-time decisions can't wait, from hospitals and warehouses to moving vehicles.Cisco is the premier partner to deliver partner-developed systems featuring NVIDIA Spectrum-X switch silicon paired with a Cisco operating system, providing customers the flexibility of leveraging both NVIDIA Cloud Partner-compliant reference architectures and Cisco Silicon One-based architectures.Cisco adds deeper security capabilities to

    3/16/26 4:30:00 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    AI-Scale Ethernet at the Heart of Ethernet Alliance's OFC 2026 Demo

    BEAVERTON, OR, March 03, 2026 (GLOBE NEWSWIRE) -- The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today revealed details of its interoperability demo taking place at the 2026 Optical Fiber Communication Conference and Exhibition (OFC 2026). The interactive display in booth 5023 illuminates how Ethernet continues to evolve to support AI workloads, hyperscale data center growth, and emerging network architectures operating at terabit speeds. The OFC 2026 expo will be held March 17–19, 2026 at the Los Angeles Convention Center, in Los Angeles, Calif. "With networks rapidly scaling to meet the demands of AI, cloud inf

    3/3/26 10:02:00 AM ET
    $ANET
    $APH
    $CSCO
    Computer Communications Equipment
    Telecommunications
    Electrical Products
    Technology

    Cisco to Participate in March 2026 Events with the Financial Community

    SAN JOSE, Calif., Feb. 27, 2026 /PRNewswire/ -- Cisco (NASDAQ:CSCO) will participate in the following events with the financial community in March. No new financial information will be discussed at these events.Mobile World Congress, BarcelonaTuesday, March 3 and Wednesday, March 4, 2026Financial Analyst/Investor MeetingsCisco Representatives:Gordon Thomson, SVP, EMEA SalesKevin Wollenweber, SVP/GM, Data Center & Internet InfrastructureMorgan Stanley TMT Conference, San FranciscoThursday, March 5, 2026Investor Meetings & Fireside Chat at 10:00 AM PST(Webcast & registration will

    2/27/26 8:00:00 AM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    $CSCO
    Leadership Updates

    Live Leadership Updates

    View All

    Cisco Joins Stargate UAE Initiative

    Cisco to collaborate with G42, OpenAI, Oracle, NVIDI, and SoftBank Group to power AI innovation and infrastructure development in recently announced UAE-US AI Campus in Abu Dhabi News Summary Cisco to provide networking, security and observability hardware and software solutions for OpenAI workloads, advancing AI infrastructure in the Middle East. Strategic partnership supports the Stargate Project's commitment to safe, broadly distributed AI development and responsible capital stewardship.MOU signed by Cisco's Chair and Chief Executive Officer, Chuck Robbins, together with G42, OpenAI, Oracle, NVIDIA and SoftBank Group.MOU aligns with President Trump's visit to the region last week and comp

    5/22/25 11:26:00 AM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Cisco Expands Partnership with Saudi Arabia to Power the AI Future

    Cisco to Join HUMAIN's Initiative to Build the Kingdom's Future AI Infrastructure News Summary: Cisco to partner with Saudi Arabia's new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth.New investments in research, talent and digital skills aim to accelerate the Kingdom's AI journey.The partnership supports Vision 2030 by advancing Saudi Arabia's transformation into a leading, diversified digital economy.RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a groundbreaking initiative with HUMAIN – Saudi Arabia's new AI enterprise – to help build the world's most open, scalable, resilient and cost-efficien

    5/13/25 1:26:00 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Cisco Announces New Strategic AI Initiatives in the Middle East

    News Summary: Cisco to join HUMAIN's alliance to build Saudi Arabia's future AI Infrastructure.Cisco and G42 extend their strategic partnership to drive AI innovation across the United Arab Emirates (UAE) and the United States.Cisco to collaborate with AIP (AI Infrastructure Partnership) to drive investment in data centers and AI infrastructure in the United States and globally.SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a series of strategic initiatives across all phases of the AI revolution in the United States and in the Middle East region. These new initiatives place Cisco at the center of the AI revolution in the Gu

    5/13/25 1:24:00 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    $CSCO
    Financials

    Live finance-specific insights

    View All

    CISCO REPORTS SECOND QUARTER EARNINGS

    SAN JOSE, Calif., Feb. 11, 2026 /PRNewswire/ --  News Summary: Double-digit top and bottom-line growth exceeding our guidance, with EPS growing faster than revenueRecord revenue of $15.3 billion, up 10% year over year; GAAP EPS of $0.80, up 31% year over year; and Non-GAAP EPS of $1.04, up 11% year over yearGAAP gross margin of 65.0% and Non-GAAP gross margin of 67.5%; GAAP operating margin of 24.6% and Non-GAAP operating margin of 34.6%, both above the high end of our guidance rangeAccelerating, double-digit growth in product orders across all geographies and robust growth ac

    2/11/26 4:05:00 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Cisco Schedules Conference Call for Q2 Fiscal Year 2026 Financial Results

    SAN JOSE, Calif., Feb. 2, 2026 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, Feb. 11, 2026, at 1:30 PM (PT); 4:30 PM (ET) to announce its second quarter fiscal year 2026 financial results for the period ending Saturday, January 24, 2026. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, Feb. 11, 2026. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com.   Date:                     Wednesday, Feb. 11, 2026 Time

    2/2/26 4:30:00 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    Earnings Season Ignites: Cisco Powers AI Demand, Firefly Takes Off, Canadian Solar Shines

    DENVER, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Earnings season continues to deliver fireworks across sectors, from the data-driven backbone of Cisco Systems (NASDAQ:CSCO) to the cosmic ambitions of Firefly Aerospace (NASDAQ:FLY), and the renewable resilience of Canadian Solar (NASDAQ:CSIQ). As investors digest this week's results, attention turns to experiential real estate developer VENU (NYSE:VENU), whose upcoming quarterly report could reveal whether its "build, own, earn" venue model is starting to scale. Cisco (NASDAQ:CSCO): AI Acceleration and Networking Renaissance Cisco's fiscal Q1 2026 results underscore a company in motion that's helping to build the AI revolution. Revenue rose 8% y

    11/13/25 9:05:00 AM ET
    $CSCO
    $CSIQ
    $FLY
    Computer Communications Equipment
    Telecommunications
    Semiconductors
    Technology

    $CSCO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Cisco Systems Inc. (Amendment)

    SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)

    2/13/24 5:02:31 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    SEC Form SC 13G/A filed by Cisco Systems Inc. (Amendment)

    SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)

    2/9/23 11:12:45 AM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications

    SEC Form SC 13G/A filed by Cisco Systems Inc. (Amendment)

    SC 13G/A - CISCO SYSTEMS, INC. (0000858877) (Subject)

    2/9/22 3:33:36 PM ET
    $CSCO
    Computer Communications Equipment
    Telecommunications