Cisco Systems Inc. typically announces some new products at its annual reseller event, Partner Summit this week in Miami. But equally important are initiatives to enable its global ecosystem of partners to be more successful by directing them into emerging areas, since about 90% of its business flows through the channel.
It has been a busy few days this week at WebexOne in Anaheim, where Cisco Systems Inc. revealed a number of new products and solutions for its conferencing and collaboration unit, including devices powered by Nvidia Corp.’s artificial intelligence engine.
If data is king of this artificial intelligence-driven world, Cisco Systems Inc. is making a play for the throne with its acquisition of Splunk Inc., long-rumored and finally announced this morning.
Cisco has been expanding from its hardware roots over the past few years, and this all-cash $28 billion acquisition will push it even further on its journey to building its business around recurring revenue.
Today’s companies have difficulty acquiring the right talent, as evidenced by ManpowerGroup’s 2023 Talent Shortage Survey, where 77 percent of organizations stated that it’s challenging to find skilled workers.
The drawing board is excellent. At that stage, anything is possible. But the real magic happens with implementation and outcomes. Ideas are only as good as the results they produce. Outcomes pay the bills.