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Articles related to "cisco"

Cisco staffers have an inside joke that shows how badly the 34-year-old company is trying to re-invent itself

  • Cisco is betting that this cloud offering, along with its subscription-based revenue model, will pave the way forward from its legacy hardware business.
  • Cisco's latest release, the Catalyst 9000 series of switches, was announced in June with a subscription model in which customers buy the switch hardware, and separately subscribe to software offerings for a set period of time.
  • It's a model familiar to most consumer tech users, where the customer pays to access the latest version a software for a set period of time, and keeps paying to retain access.
  • Cisco's old model, and the one that most of its legacy products still use, is a licensing model, where customers buy editions of software.
  • That software is theirs to use until the end of time, but if they want the latest updates, they have to license a new edition.

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Cisco Surges to Highest in 17 Years on Bullish Earnings Outlook

  • Ian King (Bloomberg) -- Cisco Systems Inc. surged to a 17-year high in early trading Thursday after the maker of machinery that carries most of the world’s internet data gave a bullish forecast for sales and profit.
  • The technology of networks is increasingly shifting to software control and security of data flow and away from fixed-purpose hardware.
  • At the same time, some of the largest buyers of gear -- owners of data centers such as Inc.’s Amazon Web Services and Microsoft Corp.’s Azure -- are increasingly designing their own hardware forcing Cisco to come up with new, cheaper and more flexible products that might interest them.
  • Infrastructure platforms, which includes Cisco’s main switch and router businesses, had sales of $6.7 billion, up 2 percent from a year earlier.

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