MILPITAS, CA--(Marketwire - March 11, 2011) - In remarks made before the Association for Corporate Growth's Silicon Valley chapter last night, JDSU President and CEO Tom Waechter (
Waechter defined collaborative innovation as "innovation with a purpose" and called it the driving principle behind JDSU's brand and interaction with its customers. He said JDSU collaborates with world-class companies across a range of industries -- including communications networking, financial services, energy, and consumer electronics -- and has a unique opportunity to apply its technology expertise to drive innovation with real-world impact.
"We employ and work with some of the best and brightest technology minds in the world," said Waechter. "We have seen amazing results when this expertise is combined and focused on real business needs and real market opportunities -- not innovation for the sake of innovation."
Waechter cited revenue from new products -- those introduced within the last two years -- as a key factor in JDSU's growth and said, "Effective collaboration with our customers -- delivering the right product at the right time -- is the key to making sure our R&D investment and M&A strategy are aligned with the actual needs of our customers."
Waechter cited three examples of effective JDSU collaborative innovation that are driving markets forward:
Video excerpts of Waechter's remarks are available on www.jdsu.tv, which also includes video features on JDSU's collaboration with customers such as GM, Verizon, PrimeSense, Dolby and others.
About ACG Silicon Valley
ACG Silicon Valley (http://www.acgsv.org) is an association of C-level corporate executives and sponsors who are creating the future of commerce in Silicon Valley. Our programming challenges the status quo, and relationships are our foundation. We offer more than just networking -- we create success.
About JDSU
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