Cisco powers through recession, bets big on video
By Jon Swartz, USA TODAY
LAS VEGAS — Flanked by a coterie of gadgets in a private suite at the USA's biggest consumer electronics show, Cisco Systems CEO John Chambers might seem like the proverbial fish out of water.
Yet the leader of the computer-networking giant had delivered a keynote speech at the Consumer Electronics Show last week and was outlining its consumer plans.
It's all part of Cisco's audacious gambit to plunge into new markets, spend billions to snap up companies and partner with others,despite a sour economy.
"We were never more aggressive than we were last year, during one of the worst economic crises we have ever seen," Chambers said in an interview with USA TODAY.
He predicts 12% to 17% annual growth for Cisco in the next five years, regardless of the economy. "You never want to waste a good crisis," he says.
Chambers — and Cisco (CSCO) — seem to be everywhere.
Last week, it was the sprawling CES in Las Vegas. In September, he was in New York, speaking on education reform in the U.S. That same month, he rubbed shoulders with NFL Commissioner Roger Goodell and Dallas Cowboys owner Jerry Jones at the team's $1.2 billion palatial stadium. Cisco is technology partner at the stadium.
In April, Chambers addressed leaders of General Electric and Florida Power & Light in Florida about a smart-grid project. And he has frequently huddled with the Obama administration on the use of technology in the $787 billion stimulus package.
A buoyant Cisco is even planning a new hardware-software platform — the Cisco Unified Computing System — in pursuit of the multibillion-dollar business for equipping thousands of data centers run by corporations.
W H I T E P A P E R
Delivering on the Promise of Easy-to-use, Secure and Inexpensive Video Conferencing in an IP Environment
Internet Protocol (IP) Video Conferencing can provide companies substantial operational efficiencies and cost savings. Although IP video conferencing is desirable from a cost perspective challenges to implementation exist including NAT traversal, endpoint connectivity and traffic management.
M U L T I M E D I A
Custom Cisco TelePresence and
NEW! TANDBERG Codec C40
The TANDBERG C40 provides all the power required to
transform any conference room to a HD video collaboration
room. Designed for the integrator, the C40 is the ideal
solution for everyday video conferencing and collaboration.
1080p HD video, and multisite features combine to make the
C40 ideal for a variety...
NEW! ExStream Mobile VirtualDoc
The VirtualDoc is the first high definition, wireless, cart-based, video conferencing system to specifically address the needs of the healthcare industry, providing portable wireless video conferencing capability for collaborative and diagnostic telemedicine
Cisco TelePresence System 1100
The Cisco TelePresence System 1100 allows you to easily move between virtual meetings, face-to-face meetings, audio conferences, and other types of business video applications.
NEW! Polycom RSS 4000
Centralized server for recording, streaming, and archiving multimedia conferences.
The Polycom RSS 4000 Recording and Streaming Server is a network-based appliance that records, archives, and streams telepresence and video conferences to desktops, conference...
If you are interested in learning more about IVCi's complete line of audio visual and video conferencing products and services click here or call 800-224-7083.
Power Meetings Update is a publication of IVCi, LLC.
All articles, trade names, trademarks, and/or service marks herein are owned by their respective holders.
©2010 IVCi, LLC. 601 Old Willets Path, Hauppauge, NY 11788 631-273-5800