Edge computing is at the peak of the hype cycle right now. In simple terms, it refers to computing devices and applications at the network edge. ZK Research defines this edge as anything that is not a centralized compute node; it includes campus, branch, Internet of Things (IoT), 5G and numerous emerging “edges.”
It’s been three years since Cisco had an in-person version of Cisco Live, the massive user event that typically draws over 20,000 attendees. I’ve been attending the show since the late 1990s, when I was an engineer and have noticed a significant change in the content in the show. When I first started attending, the event was a hardcore technical show centered around Cisco. Today, the show has become more of an industry show that drives thought leadership in the areas of networking, security and collaboration, similar to what NVIDIA GTC is to AI, VMware VMworld is to virtualization, and Salesforce Dreamforce is to customer experience.
Ransomware continues to plague organizations all over the world. The most common entry points of ransomware into enterprise IT environments are phishing emails, malicious links, and dubious websites, according to Veeam Software’s 2022 Ransomware Trends Report.
Zoom announced its quarterly results for Q1 of the fiscal year 2023 (FY 2023), and the results confirmed that its “land and expand strategy” is working. The company’s revenue rose 12.3% year over year (YoY) to $1.07 billion. It also reported two-quarters of sequential growth for its gross margin, which management attributed to optimizing usage across the public cloud and increasing the number of co-located data centers.
This week, network vendor and technology leader Cisco announced its Q3 FY22 earnings results. The company posted revenues of $12.8B, missing consensus estimates by over $500M.
Revenue was essentially flat (+0.3%) year over year. Cisco reported non-GAAP EPS of $0.87, topping the street by a penny. Total gross margin was 65.7%, which was at the high end of Cisco’s guidance.