Multi Billion Dollar opportunity-Cisco focuses into Software security
Chuck Robbins, CEO, Cisco Systems discussed the various aspects of digital revolution era, which is changing rapidly the world. Cisco Executive Vice President and CFO, Kelly Kramer reported positive about Cisco software and services business model’s successful transition. Now fee income the company’s software and subscription services, including in total revenue 28%. Cisco channel partners continue to drive 80% of total business. Channel partners are Cisco’s business success in the past, present and future.
David Goeckeler, Senior Vice President and General Manager, Security Business Group said, Cisco’s strong focus is on software and security portfolio, it is the clear agenda of Partner Summit 2016. “Since, security is very much in our networks and other technologies, we need a good security infrastructure and network infrastructure and they need to connect with each other. Security has become so important to our business and is one of the most profitable architectures. Partners are having too many security vendors in their portfolio and that is leading to even more insecurity. Now, partners can do things differently and said they need to bring a best of breed portfolio with an integrated architecture – being intelligence under the network, ...”Read more
