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IoT Connected Factory for Systems Engineers
Cisco Connected action
Killexams : Cisco Connected action - BingNews https://killexams.com/pass4sure/exam-detail/500-801 Search results Killexams : Cisco Connected action - BingNews https://killexams.com/pass4sure/exam-detail/500-801 https://killexams.com/exam_list/Cisco Killexams : Real connections happen when your people feel heard, says Cisco's Anupam Trehan

"To retain our people, we need to make sure that we give them the chance to be heard, show them that leadership is listening, and take to heart what’s most important to them."

Meet Anupam Trehan, Cisco's Vice President, People & Communities for Asia Pacific, Japan and Greater China, who has been with the IT & networking firm for more than a decade across different roles. 

In her current role, she partners with business leaders to build integrated talent and people strategies that accelerate Cisco’s growth. Together with her team across the region, she is focused on enabling teams to thrive in a workplace that is inclusive, diverse, equitable, and fun.

At HRO's Accelerate HR 2023 conference, taking place next year, you can look forward to hearing Anupam speak on the topic 'Keeping hybrid teams engaged: Exploring the next frontier of employee engagement'.

Ahead of the conference, HRO's Lara Samson catches up with her to learn more about how she and her team to build an agile and resilient workforce that is driven by purpose, while focusing on making real connections, and ensuring employees feel heard.

Interview excerpts below: 

Q What, in your view, are the top challenges and opportunities of leading HR in your sector and remit?

The pace at which technology is evolving is driving a cyclical need for skilling, reskilling, and upskilling along with new ways of doing business and new ways of working.

This fundamentally means that we need to approach our people and talent solutions differently from a retention, engagement, and attraction perspective. The key opportunity for us is to build an agile and resilient workforce that is driven by purpose.

Learning: When we look at learning against this backdrop of building agility and fungibility in talent, the way we invest in learning from an education, experience, and exposure perspective needs to shift. Technology will play a key role in defining “one size fits one” learning experiences, tailored to each individual’s needs. Industry partnerships will evolve as continuous learning take place. Learn-unlearn-relearn will be the new mantra.

The way we engage the workforce: We need to design the work experience around, and for, the employee, wherever they are. This starts with placing them, their experience, engagement, and wellbeing – at the center, supported by an inclusive culture, trust, and empathetic leadership, and with technology as an enabler.

The way work is anchored in purpose needs to evolve: At Cisco, our Purpose is to “power an inclusive future for all” and this anchors us in everything we do. We believe that any successful shift in the company’s culture must be built on a strong foundation, and this begins with the highest level of leadership. Leaders play a key role in embedding empathy, listening, flexibility, continuous learning, and creating an environment where everyone is empowered to speak up.

Q With most organisations looking to recover and rebound, where are you finding the headcount your team needs, and how are you coping with the talent shortage?

We have been on a journey over the past few years with some learnings.

First – work is now hybrid. This is a hugely discussed and debated subject with differing opinions. When you think about it, we all learn, play, connect and do more in a hybrid manner today. The need to get 'hybrid' right is so important today. At Cisco, we were a hybrid workplace long before the pandemic hit but we know that the future of work will look different. We continue to listen, learn and experiment with our people on how they best work.

Second – real connections happen when people feel heard. We found that employees who are never invited to share their perspectives or concerns are 21 times more likely to leave the company.

To retain our people, we need to make sure that we give them the chance to be heard, show them that leadership is listening, and take to heart what’s most important to them. We do this through our quarterly engagement pulses —check-ins with our people about top-of-mind issues, concerns, and more.

Last but not the least, people want growth – they want development and new experiences. Our skills-to-job programme Cisco Networking Academy aims to empower people with career possibilities in the tech industry. The academy has supported a total of 17.5mn students over the past 25 years globally and 1.3mn students in ASEAN since its inception. We have invested in our Apprenticeship programme, which provides both theoretical learning and practical experience to enable participants to receive the training they need for a career in technology.

We also strive to nurture leaders through our award-winning Cisco Sales Associate programme, a global, year-long graduate programme for students who share our values and are passionate about technology and innovation.

We believe that internal movement is pivotal. Our "One Cisco, Many Careers" approach offers opportunities for our people to explore various roles and responsibilities and expand their experience and contributions beyond a fixed role.

Q Brain drain is a real concern in Asia at the moment. In this time of manpower shortage, how are you and the team preparing to manage these talent-related challenges?

People are the most valuable asset in any organisation, and we believe that public-private partnerships can play a key role in helping to address the widening digital and talent gap in Asia.

This is why we continue to partner with public and private organisations, educational institutions, and non-profit organisations to provide more opportunities for digital reskilling and upskilling and empower the next generation of talents to address the headwinds and opportunities of a digital-first world.

One way we’re doing this is through our Talent Bridge programme, which connects Cisco and partner employers to Networking Academy talents. The programme offers valuable free resources for both employers and students—helping employers find technology-savvy talent and supporting students as they emerge from academic learning to begin their careers.

As part of our focus on emerging and rising talent, we created a specialised Emerging Talent Recruiting Team to identify, attract, and recruit the best early career talent. This team actively devises strategies to create new talent pipelines and expand on the existing ones with close partnerships with universities.

This includes recruiting students already getting training in Cisco Technology under our Cisco Networking Academy programme or Cisco Ideathon, our flagship talent search and university hiring programme where we award internship opportunities and full-time placements to students that exhibit inventive thinking and novel perspective.

Q Looking towards 2023, what's the biggest change that you believe needs to take place in HR?

If there’s anything we know for sure, it’s that the future is unpredictable. We are still not completely out of the woods with the pandemic, and external factors such as heightened geopolitical tensions and talk of a recession are creating uncertainties.

While these externalities are beyond our control, they highlight the need for us to stay committed to our people and our customers. A solution-oriented mindset with a focus on simplicity, scale, and relevance for People and Talent actions is key.

For us, that is cultivating an employee-centered culture that prioritises understanding the needs of employees as they manage external challenges in a changing world. That is leading by action and taking steps to support the paradigm shift that’s needed in a hybrid work world anchored in our commitment to power an inclusive future for all.


Back, bigger and better – Accelerate HR brought to you by Human Resources Online is a prominent HR event you can’t miss. Over 30 deep-dive sessions by leading workplace trailblasers and HR innovators via informative keynotes and case study-driven breakout sessions, interactive panels and debates, fireside chats, and high-value discussions with over 250 people leaders in the region. Contact us for group discounts or download the event brochure for more details.

Photo / Provided

Follow us on Telegram and on Instagram @humanresourcesonline for all the latest HR and manpower news from around the region!

Thu, 08 Dec 2022 13:05:00 -0600 en-GB text/html https://www.humanresourcesonline.net/real-connections-happen-when-your-people-feel-heard-says-cisco-s-anupam-trehan
Killexams : How Cisco Is Pursuing Pay Fairness

Published 12-07-22

Submitted by Cisco Systems, Inc.

2 people standing in front of a building

This blog post was guest authored by Claire Gray, Vice President, Human Resources Compensation at Cisco.

In 1979, Sally Field won an Oscar for her portrayal of a woman who fights for equality and justice for workers in a cotton mill in the movie Norma Rae. Although I was a young teenager at the time, I still remember how inspired I was by her courage and passion for fairness. The inspiration lingered and, as odd as it sounds, gave me the idea to pursue human resources as I researched where to go to college and ultimately my chosen profession.

In 2022, there is still opportunity for greater fairness in all workplaces, and I am honored to be part of Cisco’s effort to ensure fairness for our employees. As the head of compensation at Cisco, I am dedicated to pursuing fairness in pay for our employees globally.

Our Journey to Address Pay Fairness

At Cisco, we started our formal pay fairness journey in 2016. Our first steps recognized that ensuring pay is fair isn’t a once-and-done task to complete. Because workforces are dynamic—employees grow in their careers, people move in and out of jobs, new positions are created, groups are reorganized—the work of evaluating pay fairness is never done. Instead, it’s an ongoing process, and our job has been and will continue to be to create a robust system that continually evaluates and pursues fairness across the full spectrum of diversity.

When we announced our Social Justice Beliefs and 12 Actions in 2020, we committed to aggressively expand our approach to fair pay for all employees through Social Justice Action 3, Expand Pay Parity.

In addition to base salary, we now review promotions, stock grant values, and bonuses annually. We analyze data to see if there are differences between gender, race, and ethnicity. We look at equivalent or similar jobs, job grade levels, location, and other factors that impact pay.

In 2020 and 2021, we made fairness adjustments for both bonuses and stock grant values. For 2022, we included fairness reviews for promotion participation and stock grant participation.

“Ensuring pay is fair isn’t a once-and-done task to complete. It’s an ongoing process, and our job has been to create a robust system that continually pursues fairness.”

We are proud of the progress we have made. Our analysis shows the processes we have put in place have yielded an overall equitable compensation system. Within the pay elements we analyze, a small percentage of employees—typically 1-2%—receive adjustments for fairness. This is exactly the result we would expect in our dynamic and constantly changing organization: we won’t have perpetual perfection, but with our systemic equality only minor modifications are needed at any given point.

What Our Employees Tell Us

In response to our efforts, we hear from our employees and leaders that they appreciate our actions and knowing they work for a company that is committed to fair pay. They tell us that it drives greater job satisfaction and helps to retain top talent.

At the end of the day, knowing our employees and leaders are proud of the work we’re doing validates our mission and fuels us to continue to expand and continue to raise the bar on our commitments.

The Future of Pay Fairness

As we look ahead, we believe there will be increased attention on pay fairness and how it is measured in the US and around the globe. Current governmental metrics and requirements are focused on increasing transparency and reporting, a critical step in advancing accountability and leveling the playing field, but they don’t tell the whole story. Simplistic measures that are commonly used such as “82 cents on the dollar,” often cited for gender pay equity, can actually reduce accountability when used as a standalone metric.

At Cisco, we are focused on improving our processes to ensure pay fairness, such as increasing full-spectrum representation in all types of jobs at all levels of the organization. We can’t pay people fairly if we don’t have them on our team. And once we hire them, we’re committed to their growth and development—and their fair pay. This is the power of our social justice action plan; it brings together our entire ecosystem to ensure pay fairness is embedded and connected throughout our organization.

An Ongoing Commitment

It’s been more than 40 years since I watched Norma Rae fight for workers on the big screen. While it can be frustrating that we’re still on this journey, my resolve, passion, and optimism has only strengthened. I am proud of the great progress Cisco has made over the last several years, and I’m excited about the progress we will make in the years ahead.

Learn more about our commitment to powering an inclusive future for all and how we’re driving social justice through change.

View original content here.

Wed, 07 Dec 2022 06:27:00 -0600 en text/html https://www.csrwire.com/press_releases/762041-how-cisco-pursuing-pay-fairness
Killexams : Cisco Working on Patch for Publicly Disclosed IP Phone Vulnerability

Cisco informed customers on Thursday that it’s working on patches for a high-severity vulnerability affecting some of its IP phones.

The flaw, tracked as CVE-2022-20968, impacts 7800 series and 8800 series (except 8821) Cisco IP phones. There are no workarounds, but Cisco did provide a mitigation that can be used until patches are released by the company.

CVE-2022-20968 has been described by the networking giant as a stack buffer overflow related to the Discovery Protocol processing feature.

An unauthenticated, adjacent attacker could exploit the vulnerability by sending specially crafted Discovery Protocol packets to the targeted device. Exploitation can lead to arbitrary code execution or a denial-of-service (DoS) condition.

Cisco IP phones running firmware version 14.2 and earlier are impacted. A patch is scheduled for January 2023.

The company says it’s not aware of any malicious attacks exploiting the vulnerability, but noted that the flaw has been “publicly discussed” and a proof-of-concept (PoC) exploit is available.

SecurityWeek could not immediately find the PoC and public disclosure. However, the vulnerability was reported to Cisco by Qian Chen of Codesafe Team of Legendsec at Chinese cybersecurity firm Qi'anxin Group and the information might only be available in Chinese.

Qi'anxin researchers have reported vulnerabilities to several major software and hardware vendors over the past years, including Oracle, Moxa, HPE, Apple and Google.

Related: Cisco ISE Vulnerabilities Can Be Chained in One-Click Exploit

Related: CISA Warns of Attacks Exploiting Cisco, Gigabyte Vulnerabilities

Related: Cisco Confirms In-the-Wild Exploitation of Two VPN Vulnerabilities

Related: Cisco Users Informed of Vulnerabilities in Identity Services Engine

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
Previous Columns by Eduard Kovacs:
Thu, 08 Dec 2022 23:37:00 -0600 en text/html https://www.securityweek.com/cisco-working-patch-publicly-disclosed-ip-phone-vulnerability
Killexams : Cisco Webex Helps Customers Stay Remotely Connected and Reimagine Work

 Secure collaboration technologies that help people get work done from anywhere are top of mind for every CIO, putting pressure on IT teams to both support the unprecedented shift to remote work while simultaneously planning a return to the office. Today, Cisco (NASDAQ: CSCO) announced key Webex enhancements to help, including: industry-leading security and compliance capabilities, intelligent and actionable insights to deliver consistent user experiences, and an integration with Box. Additionally, the integration of Epic for healthcare will give patients choices for engaging with providers key to their wellness.

As a long-time market leader, Webex continues to support the changing needs of our customers. In April, Webex supported half a billion meeting participants who generated 25 billion meeting minutes – more than triple the average volume.

“Keeping employees, heads of state, healthcare providers and many more securely connected and productive is at the heart of what we do. Even before the pandemic, Cisco was one of the world’s largest collaboration providers, supporting nearly half the world’s video conferencing. Now we’re supporting 3X the normal volumes.” said Javed Khan, VP and GM, Cisco’s Collaboration Group. “We are proud we could be there for our customers when they needed us most, and we will continue to be there moving forward as we navigate through these times.”

– More capacity to enable continuity on Webex
Webex has become a lifeline for hospitals, federal governments, higher education, and businesses big and small. To stay ahead of demand and continue to deliver the quality our users expect, we’ve invested in incredible amounts of global capacity; in fact, we are now running the Webex platform at 3X the previous capacity.

– More security to ensure connectivity, high security and productivity
As the world’s largest enterprise security company, Cisco is committed to security, privacy and transparency – it’s why Cisco Collaboration is trusted by 95% of the Fortune 500. Building upon the security capabilities designed into the Webex platform, we’ve now extended data loss prevention (DLP) retention, Legal Hold and eDiscovery to Webex Meetings. This gives an unprecedented level of security and protection for all meeting content – recordings, transcriptions, action items and highlights. This is yet another industry-first security offering for Webex Meetings. We are also expanding our end-to-end encryption options to include AES 256 Bit encryption with GCM mode, providing increased protection for meeting data and resistance against tampering.

– New means to manage an enlarged remote workforce and a return to office.
Cisco Webex Control Hub provides intelligent and actionable insights, enabling IT to manage all collaboration workloads through a single pane of glass whether workers are at home or in the office. COVID-19 era use-cases for Control Hub include:

– Instantly deploy Webex Assistant, our voice assistant technology, to conference room devices. Control Hub makes this a simple task even if you have tens of thousands of devices. This will minimize the number of times people touch the screen or touchpad in shared spaces.

– Tap into deep insights about meeting room usage to influence not only cleaning schedules but also how a company plans the future office layout. Easily identify the most used rooms—use this data to inform cleaning schedules or rethink how to configure meeting spaces to better meet needs.

– Drill down into ‘real-time meetings’ data to better troubleshoot experiences and also understand changing workstyle patterns throughout the transition back to the office.

– Analyze usage trends to highlight which services and devices an organization needs to invest in.

– Easily troubleshoot and support remote workers, so teams remain productive.

Also, the company is adding to Control Hub a cloud-connected UC feature that simplifies IT workflows for hybrid deployments and expanded Webex Calling analytics. Read about them here.

Additionally, Cisco has now integrated Webex Teams and Box, the leading cloud content management platform that is used by 68% of the Fortune 500 and nearly 100,000 businesses globally. Of course, Webex Teams already has a highly secure, easy-to-use file sharing capability built right in. But now customers can choose to use Box as well as any of the other platforms being integrated.

– Cisco is making telehealth easier for patients and providers alike by integrating with Epic.
Cisco’s new integration with Epic electronic health record software enables providers to use Webex Teams to conduct a video visit with a patient, review medical history and update clinical documentation. Patients don’t need to get anything—they simply login to the highly secure session over a web browser and get the care they need. More than 250 million patients have a current electronic record in Epic. Other Cisco Partners are also building and deploying telehealth applications and solutions, helping clinicians to deliver care to patients around the world.

Mon, 28 Nov 2022 10:00:00 -0600 en-US text/html https://www.thisdaylive.com/index.php/2020/06/18/cisco-webex-helps-customers-stay-remotely-connected-and-reimagine-work/
Killexams : Cisco Systems Introduces Connected Building Technology Solutions

Emma Okonji

Cisco Systems, a global leader in networking and information technology solutions has introduced an innovative, smart and connected building technology solution that will further drive real estate business.

The technology solution is coming at a time when most states in Nigeria are planning towards smart and connected cities that are driven by Internet of Things (IoTs) and Artificial Intelligence (AI).

At the heart of the Cisco approach is a service-oriented building architecture designed to reduce cost and complexity by replacing discrete and disparate in-building system networks with one simplified, flexible, and scalable IP network. The converged network creates the secure and reliable platform for systems integration, enabling information from various systems to be shared. Not only has this made it possible to automate processes, such as heating in anticipation of changes in the weather, it has also enabled the creation of new, IP-based information and communications services.

Building owners are looking at technology convergence to deliver enhanced occupant experiences and improved efficiencies in their buildings. However, as the number of networks and connections within buildings grows, they are becoming increasingly complex. Interconnecting and interoperating isolated building systems such as lighting, HVAC, badging systems, security, CCTV, sensors and audio-video equipment, into a single converged system is fundamental to the digital transformation of buildings. Today’s building systems and equipment need to work together smoothly and efficiently to meet owners’ and occupants’ needs, which requires a holistic approach of integrating new technologies, Cisco said
Cisco Nigeria’s General Manager, Olakunle Oloruntimehin, expressed Cisco’s commitment to provide innovation to customers.

According to him, “Our vision is to leverage Cisco’s core technology asset and installed base to provide a set of infra-solution and cloud applications to help customer deliver this next-gen building and workspace environment with a focus on improved occupant experience namely: meeting room experience and improved building operation efficiency, better visibility of space planning, and building asset management.”

Cisco is partnering cable solution, Siemon, to achieve its goal of providing connected building technology solution for the real estate industry.

Today’s real estate market is filled with opportunities. Market trends including workforce globalisation, environmental and social responsibility, and a growing worldwide population favor building transformation. Cisco’s Smart and Connected Building solution, gives way to the next generation of real estate and building services which will turn workplaces and home spaces into environments that are personalized, efficient, functional, and profitable
The importance of early adoption of Smart Building designs and software means reduced build and fit out costs right from the start of construction. A secure, enterprise-grade network means that every building system can be controlled from anywhere with a smart device. Tenants enjoy an enhanced user experience through personalized environmental controls.

The Cisco Smart and Connected Building solution is a framework that positions the Network.

Sat, 03 Dec 2022 10:01:00 -0600 en-US text/html https://www.thisdaylive.com/index.php/2017/11/02/cisco-systems-introduces-connected-building-technology-solutions/
Killexams : Cisco Systems Stock Is Rising Today: What's Driving The Action? © Provided by Benzinga

Cisco Systems Inc (NASDAQ: CSCO) shares are trading higher Thursday after the company reported better-than-expected financial results.

What Happened: Cisco said fiscal first-quarter revenue jumped 6% year-over-year to $13.6 billion. The company's top-line results beat average analyst estimates of $13.31 billion, according to Benzinga Pro.

Cisco reported first-quarter earnings of 86 cents per share, which beat average estimates of 84 cents per share.

"Our annualized recurring revenue increased to more than $23 billion, with product ARR growing 12%. This, together with our significant backlog, strong RPO, and easing supply situation, provides us with great visibility and predictability, and supports our increased full year guidance," said Scott Herren, CFO of Cisco.

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Cisco expects fiscal second-quarter revenue growth between 4.5% and 6.5%. The company expects second-quarter earnings to be in a range of 84 cents to 86 cents versus average estimates of 85 cents per share. 

Cisco sees full-year 2023 revenue growth growth between 4.5% and 6.5%. The company anticipates full-year earnings between $3.51 and $3.58 per share versus estimates of $3.53 per share.

Related Link: Cisco Q1 Earnings Highlights: Revenue And EPS Beat, Record Quarterly Revenue, Guidance And More

Analyst Assessment: Multiple analysts adjusted price targets on the stock following the company's quarterly results.

Rosenblatt maintained Cisco with a Neutral rating and lowered the price target from $53 to $51. Credit Suisse maintained Cisco with an Outperform rating and raised the price target from $65 to $67. Cowen & Co. maintained Cisco with an Outperform rating and raised the price target from $60 to $61.

CSCO Price Action: Cisco has a 52-week high of $64.29 and a 52-week low of $38.61.

The stock was up 3.37% at $45.89 at time of publication, according to Benzinga Pro.

Photo: Fred Romero from Flickr.

Thu, 17 Nov 2022 02:42:00 -0600 en-US text/html https://www.msn.com/en-us/money/topstocks/cisco-systems-stock-is-rising-today-what-s-driving-the-action/ar-AA14e5mA
Killexams : Cisco Just Demonstrated the Power of Stock Buybacks

Networking-equipment giant Cisco Systems (CSCO -0.47%) reported results this Wednesday, covering the first quarter of fiscal-year 2023. The company generated adjusted earnings of $0.86 per diluted share, surpassing Wall Street's consensus earnings estimate of $0.84 per share.

Investors and analysts applauded Cisco's strong results, and the stock price closed 5% higher on Thursday. However, I don't see a ton of headlines mentioning one of Cisco's most shareholder-friendly qualities: The company is shoveling billions of dollars straight into the pockets of shareholders. I'm particularly impressed by Cisco's effective use of stock buybacks.

Cisco's buybacks make a difference

Fun fact: If not for the anti-dilutive effects of the buyback program, Cisco would barely have satisfied the consensus-earnings target.

Cisco's adjusted net income increased by 2% year over year, landing at $3.5 billion. At the same time, the stock-repurchasing program reduced the share count by 12 million stubs in the first quarter. The canceled stock adds up to 127 million shares on a trailing basis, which works out to a 3% reduction.

In a world where Cisco doesn't worry about share-count reductions, this-quarter's earnings would have landed at $0.84 per share, but only by the skin of its proverbial teeth. With three significant digits, you'd be looking at earnings of $0.856 per share, a rounding error away from missing the analyst target.

OK, that's no surprise

The lower share count shouldn't surprise anyone, especially since the bulk of this-year's buybacks fell in the second quarter of 2022. That period was covered in last-February's earnings update, giving everybody nine months to update their earnings estimates accordingly. The exercise above is just a bit of calculator-based entertainment, illustrating how generous Cisco's buyback program really is.

Cisco has invested an average of $1.1 billion per quarter in stock buybacks over the last three years. Dividend payments averaged $1.6 billion per quarter over the same period. That adds up to $1.69 billion of cash per quarter, sent right back to shareholders in the form of buybacks and dividends. Free cash flows in this time span averaged $3.53 billion per quarter, so the shareholder-bound cash returns consumed 48% of Cisco's average cash profits.

CSCO Stock Buybacks (Quarterly) Chart

CSCO Stock Buybacks (Quarterly) data by YCharts.

Cisco loves to share its cash profits with you, the shareholder

This generous cash return is no accident. Cisco has a history of generating massive cash flow and sharing them freely with stock owners.

On the earnings call, Cisco CFO Scott Herren said that the dividend-payout and buyback activity were "in line with our long-term objective of returning a minimum of 50% of free cash flow annually to our shareholders." That's been an official Cisco policy since the fourth quarter of 2019, three years ago.

I love seeing this shareholder-friendly policy in a veritable cash machine such as Cisco Systems. Even in an off-year like 2022, the company amassed $12.8 billion of trailing free cash flows -- and sent half of it right back to shareholders.

CSCO Free Cash Flow Chart

CSCO Free Cash Flow data by YCharts.

Today, Cisco's stock comes with a shrinking share count and a beefy dividend yield of 3.3%. You should expect the dividend payments to continue rising modestly over the years, while buybacks are adjusted to meet that 50% cash-sharing ambition, year by year. These qualities make Cisco a great buy for income investors, who value a free-flowing stream of cash profits and a tight commitment to cash-based profit sharing.

Anders Bylund has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cisco Systems. The Motley Fool has a disclosure policy.

Thu, 17 Nov 2022 22:55:00 -0600 Anders Bylund en text/html https://www.fool.com/investing/2022/11/18/cisco-demonstrated-the-power-of-stock-buybacks/
Killexams : Cisco shares pop on earnings beat and increased 2023 forecast

A sign bearing the logo for communications and security tech giant Cisco Systems Inc is seen outside one of its offices in San Jose, California, August 11, 2022.

Paresh Dave | Reuters

Cisco reported fiscal first-quarter results on Wednesday that beat analysts' estimates and boosted its guidance for fiscal 2023.

The stock rose about 5% in extended trading.

Here's how the company did:

  • Earnings per share: 86 cents vs. 84 cents expected, according to Refinitiv
  • Revenue: $13.6 billion vs. $13.3 billion expected by analysts, according to Refinitiv

Revenue increased 6% year over year, while net income slid 10% to $2.7 billion. The company now expects sales growth in fiscal 2023 of 4.5% to 6.5%, up from a prior forecast that called for growth of 4% to 6%.

CFO Scott Herren said in a company release that Cisco delivered "strong results" and attributed the company's guidance forecast in part to an "easing supply situation."

While Cisco's numbers topped estimates, the company is still struggling to grow as the technology world rapidly shifts to cloud and subscription software and away from buying physical boxes. Cisco's stock price is down 27% this year, while the Nasdaq has dropped 29%.

Cisco's top business segment, which includes data-center networking switches, delivered $6.68 billion in revenue, up 12% from a year earlier.

Internet for the Future, its second-largest unit, saw revenue drop 5% to $1.3 billion. The division contains routed optical networking hardware the company picked up through its 2021 Acacia Communications acquisition.

Sales in the Collaboration segment, which features Webex, contributed $1.1 billion in revenue, down 2% year over year.

Cisco will hold its quarterly call with investors at 4:30 p.m. ET.

Wed, 16 Nov 2022 07:33:00 -0600 en text/html https://www.cnbc.com/2022/11/16/cisco-csco-earnings-q1-2023.html
Killexams : Cisco updates SD-WAN to simplify provisioning, management

Cisco is set to unveil a new edition of its SD-WAN software that will extend the system’s reach and include new management capabilities.

Among the most significant enhancements to Cisco SD-WAN release 17.10, expected in December, is the ability to use Cisco SD-WAN Multi Region Fabric (MRF) support with existing Software Defined Cloud Interconnect (SDCI) systems to significantly expand the reach and control of the SD-WAN environment. 

MRF lets customers divide their SD-WAN environments into multiple regional networks that operate distinctly from one another, along with a central core-region network for managing inter-regional traffic, according to Cisco. 

SDCI technology is used to link enterprise resources to a variety of cloud, network, and internet service providers. Cisco customers could use SDCI with their SD-WAN deployments in the past but not MRF.

By combining the two technologies and using the Cloud OnRamp Multicloud Interconnect Gateway in Cisco SD-WAN software, customers can now set network, configuration and security policies across a wide variety of locations from a central site. Cisco’s SD-WAN Cloud OnRamp links branch offices or individual remote users to cloud applications such as Cisco’s Webex, Microsoft 365, AWS, Google, Oracle, Salesforce and more.

Customers can now assign regions and roles to SD-WAN edges deployed within SDCI infrastructure, and they can segment MRF regions into multiple sub-regions and share border routers between these sub-regions, allowing for better redundancy and failover-centric network designs, according to John Joyal, senior manager, product and solutions marketing with Cisco's enterprise SD-WAN and routing group. (Joyal wrote a blog about Cisco's SD-WAN MRF enhancements.)

Copyright © 2022 IDG Communications, Inc.

Mon, 05 Dec 2022 12:57:00 -0600 en text/html https://www.networkworld.com/article/3681657/cisco-updates-sd-wan-to-simplify-provisioning-management.html
Killexams : Cisco’s Chuck Robbins On XaaS: We ‘Realized We Weren’t As Operationally Ready’

Networking News

Gina Narcisi

‘Cisco’s got some ground to cover, but it’s really about the long game. While you can argue they are late to market, we believe that they’re going to be able to learn from the lessons of all their competitors and come out with even stronger products,’ one Cisco partner tells CRN about the company’s as-a-service drive.

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Customers are looking for different ways to acquire the IT they need, including buying in an as-a-service model to save some capital, but Cisco has faced a few recent hindrances to as a service, according to the company’s executives.

For the San Jose, Calif.-based tech giant, supply chain constraints have been an ongoing obstacle to the Everything-as-a-Service (XaaS) trend because Cisco and its partners couldn’t deliver the equipment that’s part of as-a-service offers, specifically, its Cisco Plus strategy.

“And then we also realized we weren’t as operationally ready,” Cisco CEO Chuck Robbins told analysts regarding the company’s XaaS push at Cisco Partner Summit 2022 earlier this month.

Many customers interpreted the launch of Cisco Plus as just a different way to finance IT — a “fancy lease” — versus a true XaaS model, said Neil Anderson, area vice president of cloud and infrastructure solutions for Maryland Heights, Mo.-based Cisco Gold partner World Wide Technology (WWT).

But channel partners want to put vendor XaaS offerings “under the hood” and built their own services on top of the stack to create a turnkey offering for their end customers. Customers, on the other hand, often want to have the option to manage some of their own IT, Anderson said.

“Part of the problem in getting to a true as-a-service model, as a utility, is that most customers still want some form of co-management. They don’t want somebody to just do everything for them and they have no visibility into it. They want a portal where they can see how things are going, maybe touch a few things. So, this idea of co-management, I think, is going to be really important for network as a service,” he said.

[Related: Cisco’s X Factor: How Chuck Robbins Is Taking Partners Into The Future ]

WWT is seeing this prerequisite across the board — not just in networking, but also in the collaboration space. The firm is seeing more RFPs with a requirement for managed services. “That allows the partner to add an additional layer of value to it so it’s not just a resell lead, it’s [giving] the partner some skin in the game long term,” said Joe Berger, area vice president of Digital Experiences for WWT.

Cisco Channel Chief Oliver Tuszik told CRN in an interview that the company is focused on enabling customers to buy and consume the Cisco portfolio in an as a service motion if that’s how they’d like to buy, and for more partners to sell in an as a service model.

“Our strategy must be that we allow our customers, wherever they are in the world, to buy whatever Cisco has in his portfolio in an as a service or managed motion,” Tuszik said.

But the as-a-service effort goes beyond products. It’s about building out Cisco’s Provider partner role the company introduced in 2021 within its Global Partner Program, he said, a role built with the MSP partner in mind and recognizes partners based on their investment in managed services and as-a-service solutions. As the managed services business has taken off, Cisco has since upped its investments in Provider partners with predictable pricing, deal registration for managed services, more flexible consumption options, dedicated investment and business development funds, technical support enablement, and co-marketing, the company said.

Cisco is also building more modular programs and new incentive schemes, Tuszik said. “We are incentivizing our people to sell partner-managed services,” he told CRN. “We’re paying our sales team more if they sell a partner-managed service — 50 percent more,” he added.

At Partner Summit 2022, the tech giant revealed it had tripled the number of staff working on service creation motions with partners, as well as a 1.5x payout multiplier to support the growth of partner-managed SD-WAN, Secure Access Service Edge (SASE), and full-stack observability offers.

Companies like HPE and Cisco are turning to partners during this time of resource constraints and talent shortages to learn more about what the channel can offer by way of managed services and what they can take off the vendors’ hands. Customers are looking for “cloud-like” IT experiences that are more automated and that also encompass on-premises tech environments for customers grappling with requirements that prevent them from going all-in on cloud, like data sovereignty. There’s where Cisco Plus fits in, said CJ Metz, vice president of Modern Infrastructure for Irvine, Calif.-based Cisco Gold Partner Trace3.

Trace3 also partners with HPE. Metz said that the major differentiator for HPE GreenLake has been in how the company shifted its entire focus to support its as a service strategy, including executive compensation, sales compensation and the support structures that underpin it. “[HPE] just has had more time to take more risks, to learn the hard lessons,” he said.

Cisco, he added, has been forthcoming to partners about its need to catch up. “Cisco’s got some ground to cover, but it’s really about the long game. While you can argue they are late to market, we believe that they’re going to be able to learn from the lessons of all their competitors and come out with even stronger products.”

For Cisco’s part in becoming more operationally ready for XaaS, Robbins told analysts: “I think over the next 6 to 12 months, you’ll see a lot of progress on this front.”

In the meantime, Cisco already has many as-a-service offers on the market today by way of their channel partners, the CEO added.

“We’ve got stuff going in the cloud marketplaces that we didn’t have before, we’ve got partners delivering as a service today and we’ve got the SASE [Cisco Plus Secure Connect Now] offer out there,” Robbins said. “There’s a few things we need to do, but there’s an awful lot offers that are out there today for customers.”

Cisco doesn’t specifically break out revenue related to its Cisco Plus strategy, but the company’s most recent fiscal quarter that ended Oct. 29 saw software subscription revenue climb 11 percent year over year.  

Gina Narcisi

Gina Narcisi is a senior editor covering the networking and telecom markets for CRN.com. Prior to joining CRN, she covered the networking, unified communications and cloud space for TechTarget. She can be reached at gnarcisi@thechannelcompany.com.

Wed, 30 Nov 2022 08:56:00 -0600 en text/html https://www.crn.com/news/networking/cisco-s-chuck-robbins-on-xaas-we-realized-we-weren-t-as-operationally-ready-
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