Posts tagged “Cisco”
Want more proof that the Internet of Things has moved from hype to reality? A new report from Technology Business Research says that IoT ecosystem revenues soared 18 percent year-over-year to $6 billion in the second quarter with IBM leading the way However, IaaS limits growth in hardware infrastructure.
As competition in the cloud intensifies, tech giants Cisco and Salesforce are joining up in an effort to drive more sales across a variety of products, including cloud, Internet of Things and collaboration.
Just two weeks after disclosing plans to cut 5,500 workers as part of a pivot away from its traditional hardware focus, Cisco on Tuesday said it plans to buy two-year-old cloud-focused startup Container X.
Analysis: Cisco this week announced plans to cut 5,500 jobs as the networking giant continues to pivot from its traditional networking hardware reliance to software and services. Those revenues have grown for 53 consecutive quarters. Technology Business Research analyst Elitsa Bakalova takes a look at what's happening.
Analysis: Cisco is cutting 5,500 jobs as part of a transition toward an increasing reliance on software, not hardware. Notes Technology Business Research analyst Patrick Filkins: "Monetizing software solutions will help Cisco mitigate the negative impact that virtualization is expected to have on its network and IT hardware businesses."
Cloud IT infrastructure spending continues to grow, but IBM, NetApp and Lenovo are not sharing in the growth, a new report shows. Cisco, Dell, EMC and HP all grew sales. So what's going on in the market?
In today's wrapup of headlines on news impacting the Triangle tech community: Cisco's exec shuffle continues to generate headlines; Cisco CEO Chuck Robbins' video interview at Recode; GSK gets good news on an arthritis drug; and IBM's top IoT exec and Harriet Green on women in IT.