Cisco Systems Inc. managed to put up a strong “beat and raise” in its fiscal second-quarter earnings this week, and investors took the news positively as the stock is trading at an all-time high, excluding the overvaluation during the dot-com bubble.
The Kansas City Chiefs and Philadelphia Eagles have almost two weeks to develop a game plan for Super Bowl LIX in New Orleans Sunday, Feb. 9, but the technology team starts well before that. In fact, the planning and strategy for the next championship game — Super Bowl LX, which will be held in Levi’s Stadium in Santa Clara in February 2026 — are well underway.
Cisco Systems Inc. this week held its first AI Summit, a thought leadership event on the pivotal topics shaping the future of artificial intelligence — this one focused on the security of AI systems. The summit was small and intimate, with about 150 attendees, including executives from about 40 Fortune 100 companies. I understand why the interest from top companies was so high, as the speaker list was impressive
Networking and complexity go hand in hand, like chocolate and peanut butter. Though this has been the norm, it’s playing havoc with business operations. A recent ZK Research/Cube Research study found that 93% of organizations state the network is more critical to business operations than two years ago. In the same period, 80% said the network was more complex. Increasing complexity leads to blind spots, unplanned downtime, security breaches and other issues that affect businesses.
Veeam Software Group GmbH, the market share leader in data resilience, today announced a new $2 billion investment from several top investment firms. The Seattle-based company said its valuation now stands at $15 billion, which is about the same as the valuation of Commvault Systems Inc. and Rubrik Inc. combined. Investors in what the company calls an oversubscribed round are led by TPG, with participation from Temasek, Neuberger Berman Capital Solutions and others. Morgan Stanley managed the round.