24 May 2018
Cisco is confident in their way of innovation
The net profit of the US telecommunications company Cisco in the third quarter of 2017-2018 fiscal year amounted to more than 12 billion revenue and showed growth relative to last year by 4%. The management of the company reporting to the shareholders said that it became possible thanks to the new business model approved in early 2017.
Cisco strives to create a reliable intellectual platform for digital business. At the heart of the company's strategy there are five important elements that meet the interests of customers: rethinking the approaches to the network; Information Security; solutions for multi-cloud environments; disclosure of the data potential; a new experience of interaction of customers, partners and employees.
It is expected that by 2020, the network will simultaneously connect 63 million devices per second. However, a simple connection is not enough these days. With an exponential growth in the number of devices, new methods of managing the network infrastructure are needed, modern ways of repelling cyberattacks and means that can extract, transmit and analyze data coming from different sources. The network becomes the source of the context from which you can draw information critical to business. This information serves as the basis for making informed management decisions, digital transformation, improving product quality and service level.
In mid-2017, Cisco launched a new concept of intent-based networking (IBN), which is expected to form the future road map for the development of network management solutions. It is at the IBN that the company makes plans to generate future cash flows.
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