It has been almost a year and a half since Cisco Systems Inc. acquired Splunk Inc. At the time, investors were happy because it was a good financial move. Cisco spent $28 billion and would get back about $4 billion a year in revenue that was accretive to profit margins. Splunk revenue is primarily subscription-based, which would accelerate Cisco’s march toward this model.
Jeetu Patel, Cisco Systems Inc.‘s president and chief product officer, told me before last week’s annual user event that it would be “the most consequential Cisco Live of the past decade and perhaps longer.” There were a few reasons for Patel’s bullishness. The first is artificial intelligence. The core tenet of my research is that share shifts happen when markets transition, and Cisco’s ability to articulate its strategy now will allow it to rise when the AI tide does.
Networking giant Cisco Systems Inc. announced a solid third quarter Wednesday, posting a beat and raise. Here are my top five thoughts from this quarter.
It’s nearing the end of April and for the security industry, this means it’s time for the RSAC Conference. Over the next week or so, about 50,000 people will flock to the Moscone Center to take in the latest and greatest in cyber. One company that has retooled much of its portfolio over the past year is Cisco Systems Inc. and it’s used RSAC to launch many new products.
As MWC 2025, premier telecommunications service provider show still known by many as Mobile World Congress, gets underway this week in Barcelona, Cisco Systems Inc. made a splash early. The networking company issued several product announcements that offer deeper network insights using artificial intelligence and automation. From connected devices to connectivity assurance, the solutions are designed to help service providers deliver reliable AI-powered experiences on a larger scale.