Barcelona is the center of the tech world this week, with the extensive MWC 24 conference drawing an international crowd. On day one of the event, Cisco announced a range of AI-related investments aimed at helping global service providers. I had the chance to hear three Cisco Networking leaders preview this week’s announcement in a briefing.
VMware Inc. announced several product updates to its networking and security products at Mobile World Congress 2024 in Barcelona, in the first major update for the company since Broadcom Inc. acquired it. Before the event, I had a preview of the developments with Abe Ankumah, head of SASE/SD-WAN, and Padma Sudarsan, the chief of architecture for telco, both leaders in Broadcom’s software-defined edge division.
Two of the big themes at the 2024 edition of Mobile World Congress in Barcelona this week are artificial intelligence and 5G — and although one might view the two as separate technology trends, they are linked. Service providers are currently investing heavily in maintaining and upgrading their services to comply with evolving tech standards for mobile networks.
This week, RingCentral announced its Q4 fiscal year 2023 results, the first results after Vlad Shmunis retook the captain’s chair of the Starship RingCentral. On Tuesday, February 20th, the company delivered results that were in line with Street expectations. RingCentral posted revenue of $571 million, which was $1 million above analysts’ consensus. Operating income came in at $117 million, which was $3 million ahead of the expected number.
Artificial Intelligence (AI) is reshaping business operations, from network troubleshooting and cybersecurity to customer service and communications. As investment in AI reaches new heights, organizations must weigh its benefits against cost, environmental impact, ethical concerns, and implementation challenges.