5-7% is a pretty decent number for a company of Cisco's size. And Cisco is acheiving this if you keep in mind the state of economy.. also what needs to be compared is which one among the Telecom/Communication company comes close to these ??
Now as Cisco is moving to more of an IT vendor, its going to a fight with Cisco's older patners - IBM, HP, Dell.
Even Oracle over a period - for now they probably won't compete directly...
It remains to be seen who will prevail... HP is in the back seat - I would say IBM, MS, Oracle along with Cisco will emerge as the bigger players (if Cisco can execute well)...
Another aspect is some of the current IT biggies will end up aquiring some of the smaller networking companies - Juniper, Brocade etc. What say ??
I should mention... Chambers has noted the 5-7% growth rate elsewhere, recently. But I had been taking that to mean 5-7% given the state of the economy, which hasn't been promising.
Today felt to me like a confirmation that 5-7% is permanent, which is a big change from just a couple of years ago.
This really does sound like an evolution for Cisco, one that's been in the works for a while ($10B in services already) but still... It sounds like there's been a decision to turn the entire ship.
Analyst day is ongoing right now ... Chambers is saying there's a void in that "#1 in IT" spot. (Qualitatively, not by revenues.) Who would you put there - Microsoft? Oracle? Certainly not HP. None of the players seems to fit the role Chambers contends, and Cisco wants to step in. 'Course, that's a lot easier to say than it is to do.
The blogs and comments are the opinions only of the writers and do not reflect the views of Light Reading. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
To save this item to your list of favorite Light Reading content so you can find it later in your Profile page, click the "Save It" button next to the item.
