ICT

Cisco Systems, Inc.

Company Profile Analysis

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Cisco Systems, Inc. - ICT showcase

Year Founded & Workforce

1983-12-31

274,143 Employees

Industry

ICT

Services

C

Cisco Systems, Inc. Overview

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Founded:1984

Workforce: ~274,143

Company Working: Cisco Systems, Inc. (Cisco) designs, manufactures, and markets IP-based networking products and services for communication and information technology industry. The company offers various products in the following categories: networking, mobility & wireless, security, data center, and cloud. Cisco’s product portfolio includes switches, routers, wireless, network management interfaces & modules, optical networking, access points, outdoor & industrial access points, next-generation firewalls, advanced malware protection, VPN security clients, email, and web security. The company serves various industry verticals such as education, energy, financial services, healthcare, manufacturing, retail, and hospitality, as well as the government sector. The company’s technology offerings comprise analytics and automation, cloud, collaboration, data center, digital transformation, enterprise networks, innovation, mobility, security, services, and service providers. The company has more than 400 offices across the Americas, Europe, the Middle East, and Africa (EMEA), and Asia-Pacific.

Strategy

Cisco focuses on partnerships and new product developments to establish a strong position in the fixed mobile convergence market. The company invests significantly in R&D to enhance its product portfolio and maintain a strong market presence. Cisco also aims at expanding its geographic presence and customer base through collaborations and partnerships. Furthermore, the company is focused on delivering more software and subscription-based offerings that help to shift the business model to increase the market share. Hence, the company emphasizes delivering highly secure, automated, software-defined, intelligent platforms for customers. The company’s strategic priorities include increasing the value of the network, accelerating the pace of innovation, and transforming its business model.

Company Snapshot

$49.3M

Revenue

274,143

Employees

1983-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Unique Technology Offering
  • Robust research and development activities
  • Wide geographic presence
  • Unique technology offerings ▪ Strong brand image
  • Unique technology offering
  • Strong brand image
  • Wide product portfolio
  • Strong brand value
  • Unique technology Offering
  • Robust Inorganic Growth strategy
  • Increased sale of switches
  • Robust inorganic growth strategy
  • Unique technology offerings
  • Wide range of networking products and services
  • Strong brand Image
  • Highly successful at Go To Market strategies for its products
  • Robust financial strategies
  • High level of customer satisfaction
  • Focus on R&D
  • The company has advanced R&D team in the organization
  • The company has unique technology offering
  • Advanced R&D team in the organization

Weaknesses

  • Slowdown in capital expenditure
  • Limited sales ▪ Slowdown in capital expenditure
  • Limited sales ▪ Decline in capital expenditure
  • Decline in business from service providers
  • High focus on North America market
  • Cisco video surveillance media server is vulnerable to denial of service (DoS) attacks
  • Less revenue from service providers
  • Slow capital requirement
  • Effect of foreign currency exchange rates
  • Reduced product offer from service provider
  • Weak supply chain performance
  • Weak presence in the global market
  • Need more investment in new technologies
  • Limited sales
  • The slowdown in capital expenditure
  • Supply chain issues leading to delay in the order fulfillments
  • Reduction in capital expenditure

Opportunities

  • Strategic acquisition to boost geographic presence
  • Growth in cloud security market
  • Increasing adoption of cloud security solutions ▪ Growth in the scope of applications of machine learning
  • Increasing adoption of cloud security solutions
  • Growth in the cloud security market
  • Strategic partnerships
  • IoT based video surveillance devices
  • Increasing adoption of cloud based services
  • Growth in cloud data traffic
  • Increasing adoption of cloud security solution
  • Growth opportunities in high density HPC deployments
  • Growth rate in cloud sectors
  • Low rate of Inflation
  • Government green drive also opens an opportunity for procurement of Cisco products by the state as well as federal government
  • Growth in the scope of applications of hybrid cloud
  • Strategic acquisitions to boost geographic presence
  • Growth of the cloud security market
  • The company is expanding into new business
  • Expanding into new business verticals

Threats

  • Foreign Currency Exchange Risk
  • Intense Competition
  • Intense competition ▪ Economic instability ▪ Adverse tax consequences
  • Intense competition ▪ Economic instability ▪ Adverse tax policies
  • Intense competition
  • Economic instability
  • Adverse tax policies
  • Social or political unrest
  • Economic stability
  • Adverse tax consequences
  • Tax instability
  • Foreign currency exchange rate fluctuations
  • Rules and regulations are varying from country to country
  • Changing consumer buying behavior from online channels could be a threat to the existing
  • Growing market competition
  • Foreign currency exchange risks
  • Intense rivalry
  • Fluctuation in foreign currency exchange rates

Key Developments

DateApproachDevelopment
November 2018Product LaunchCisco announced the launch of its first hybrid solution for Kubernetes on Amazon Web Services. The Cisco Hybrid Solution will make it easy for customers to run production-grade Kubernetes on-premises.
July 2018CollaborationCisco announced its collaboration with Google Cloud to explore the AI services offered by the Google Cloud Platform, thereby expanding its capabilities.
January 2017PartnershipCisco Jasper, a subsidiary of Cisco Systems, Inc. partnered with Entel Chile’s largest telecommunications company to enable IoT services for businesses. This partnership has increased productivity and profitability of Entel Chile’s by monitoring fleets with 24/7 visibility with data and automated control over the systems.
April 2017PartnershipCisco Jasper partnered with Telenor Norway, the largest provider of mobile and network services in Norway, to deliver enterprise IoT services. These services provide the data in real-time and enhance enterprise operations
July 2018CollaborationCisco announced its collaboration with Google Cloud to explore the AI services offered by the Google Cloud Platform thereby expanding its capabilities.
MayProduct LaunchCisco launched the UCS C4200 Platform. This rack server chassis is aimed at high-performance computing applications. It includes support for AMD EPYC 7000 series processors, with up to 32 cores per socket, Up to 1 TB of DRAM using sixteen 64-GB DDR4 DIMMs for 2-socket CPU configuration (eight DIMMs/memory channels per CPU), over 45 TB of storage, with up to six Small-Form-Factor (SFF) 2.5-inch direct-attached drives per node, either six direct attach SAS/SATA drives or two NVMe plus four SAS/SATA drives, optional dual SD cards or M.2 modular storage for increased storage or boot drive capacity, support for the Cisco® 12-G 9460-8i PCIe SAS RAID controller with 2-GB Flash-Backed Write Cache (FBWC), OCP 2.0 network mezzanine slot supporting speeds up to 100 Gbps, and support for Cisco’s fourth-generation PCIe Virtual Interface Card (VIC).
January 2020Product DevelopmentCisco integrated its Voicea transcription AI with a voice assistant. Videoconferences held on Cisco's Webex Meetings platform will now be recorded and transcribed by the Webex voice assistant using Voicea's Enterprise Voice Assistant (EVA). The new feature marks the first major integration of Voicea's speech recognition technology into Cisco's teleconferencing service since Cisco acquired Voicea last year.
September 2019AcquisitionCisco acquired Voicea, the developer of real-time solutions that provide meeting transcription, voice search, and meeting highlights/action items, with robust data privacy. It helps teams have more productive and actionable meetings by turning talk into action. With Voicea technology, Cisco is expected to enhance its Webex portfolio of products with a powerful transcription service that blends ai and automated speech recognition.
June 2022Solution DevelopmentCisco had unveiled its plan for a global, cloud-delivered, integrated platform that secures and connects organizations of any shape and size. The company is designing the Cisco Security Cloud to be the industry's most open platform, protecting the integrity of the entire IT ecosystem - without public cloud lock-in.
April 2022PartnershipIn order to shorten the time it takes for automobiles to reach the market, Cisco and General Motors are collaborating to modernize and automate the development process for performance testing vehicle development data.
February 2022Product LaunchQualcomm Launches the First 5G Advanced-Ready Modem-RF System in the World, Kickstarting the Next Phase of 5G. With the world's first 5G Advanced-ready Modem-RF System, the Snapdragon X75 5G Modem-RF System raises the bar for smartphone connection.
February 2022Product LaunchAlong with partners, Cisco revealed information about its go-to-market strategy for Cisco Private 5G, driving a new wave of productivity for businesses with widespread IoT usage.The majority of companies are starting to understand the advantages of digitizing, or "going digital," which involves integrating their physical operations with information systems and utilizing analytics, artificial intelligence (AI), automation, and machine learning (ML) to increase productivity and efficiency. Most businesses are accustomed to using Wi-Fi to connect more customers and items.
May 2021Solution LaunchCisco launched a new solutions designed to help customers mange their smart building environments and help organizations bring employees back to the office safely and effective, including new features to its smart cameras, a new IoT integration and more. By integrating machine-learning analytics into its Meraki MV line of smart cameras, the company provides customers with data on office and meeting room usage in real time, and even records sirens and fire alarms without storing audio.
August 2022Product LaunchCisco introduced The Connected Scarf to support the company's alliance with Manchester City FC and City Football Group.
February,2023OthersTo meet the demands of the experience economy, Cisco looks to the Full-Stack Observability Platform. A tech preview of Cisco's Full-Stack Observability Platform has been conducted, serving as a sneak peek into how the company hopes to enable businesses to provide the necessary digital experiences for workers, customers, and partners.
February,2023Product LaunchTo assist enterprises in prioritizing their responses based on the anticipated impact on the company and users, Cisco Secure Application on the Cisco AppDynamics SaaS platform now offers additional security capabilities that combine attack mapping and a business risk assessment for business transactions.
November, 2022OthersMajor changes to Cisco AppDynamics' cloud-native observability offering AppDynamics Cloud were revealed. Business transaction insights blend AppDynamics Cloud's continuous-context experience with business transaction monitoring. As a result, businesses can increase observability across cloud-native applications linked to business context inside and outside their Amazon Web Services (AWS) environment.
October 2021AcquisitionTo purchase Epsagon, Cisco advances its full-stack observability strategy. They connect with products and services mainly through applications, which have ingrained themselves into their daily lives. Businesses need to make sure that every aspect of their application, whether it involves a third party or not, functions properly due to the growing consumer demand for a seamless digital experience with each application interaction, whether it involves ordering food, doing grocery shopping, buying a car, applying for a loan, or doing work.

Product Offering

  • Cisco Systems, Inc.
    • Collaboration Services
    • FMC
    • IoT in Warehouse
    • High-Performance Computing
    • Hybrid Cloud
    • Cloud Computing
    • Security Operations Center
    • Fleet Management
    • Speech Recognition Market
    • Operational Technology Market
    • Global Wireless Connectivity Market
    • Sports Technology Market
    • Global Smart Building Market
    • Global MOIRaaS Market

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Cisco Systems, Inc. as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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