Cisco CEO calls for dramatic cuts and a narrowing of priorities

Dramatic expense cuts and a narrowed focus on five networking technologies, including video, are coming to Cisco Systems as part of a massive planned turnaround, Cisco CEO John Chambers told financial analysts Thursday.

Cisco CEO calls for dramatic cuts and a narrowing of priorities

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Comments

alan2308

Already mentioned

http://www.techexams.net/forums/off-topic/64835-changes-coming-cisco.html

geek4god

alan2308 wrote: »

Already mentioned

http://www.techexams.net/forums/off-topic/64835-changes-coming-cisco.html

Except the article I linked goes into some details about what they are going to be focusing on..

"Chambers said the five areas of top priority at Cisco will include a "doubling down" on video technology."

"Video technology spending is expected to grow by 40 times in the next four years, Chambers said."

"The other four areas of focus include "technology and business architecture," which Chambers said customers "really understand" because large architectural shifts in technologies can improve a company's productivity by 2%, a dramatic shift. He didn't elaborate.

The third area is retaining Cisco's leadership in core routing, switching and professional services. The fourth focus will be on Cisco's collaboration tools such as Webex and Quad , which have seen revenue growth in the high 20% range. "It's a $4 billion market for us," he added."

hermeszdata

This will definitely be interesting to follow and see how it all plays out!

veritas_libertas

Well I'm glad they are refocusing on their core.

Priston

I wonder if they will eventually make a CCNA Video