Cisco Systems has recently announced several advancements in data center infrastructure, IT operations, and enterprise defenses. In partnership with Nvidia, Cisco has introduced the Cisco Nexus HyperFabric AI cluster solution, which integrates AI networking capabilities with Nvidia’s AI and accelerated computing software, along with VAST’s data warehouse platform. This solution streamlines AI infrastructure management processes from design to deployment and monitoring, with cloud management capabilities for large-scale fabrics across data centers, colocation facilities, and edge sites.
According to Cisco’s Global Networking Trends Report, 60% of IT leaders plan to implement AI-enabled predictive network automation in the next two years, with 75% intending to implement tools for end-to-end visibility across multiple network domains. Cisco is expanding its ThousandEyes capabilities to deliver Digital Experience Assurance, leveraging telemetry data and AI technology for proactive IT operations and improved user experience. ThousandEyes integrates with Cisco networking platforms to provide comprehensive visibility and control.
Cisco has introduced new capabilities for its Security Cloud, including Hypershield integration for virtual machines, Kubernetes clusters, and advanced silicon into servers and network devices. The Firewall 1200 Series promises three times the performance of comparable firewalls and integrates switches, routers, and firewalls into a single device for enterprise branch offices. Cisco is also launching Security Cloud Control to unify the management of its security cloud.
Cisco’s partnership with Google aims to integrate Chrome Enterprise’s browser-based data and threat protection with Cisco Secure Access for enhanced endpoint security as part of zero-trust initiatives. Cisco is benefiting from partnerships with companies like Lenovo, AT&T, and Ford Motor, offering integrated solutions and digital shopping experiences for businesses.
Despite a strong portfolio and growing clientele, Cisco’s third-quarter revenue decreased 27% year over year to $6.52 billion, impacting its top-line growth. The company’s stock is down 4.8% against the Zacks computer technology sector growth of 33.3% this year. Cisco’s fourth-quarter revenue forecast is between $13.4 billion and $13.6 billion, with non-GAAP earnings expected between 84 cents and 86 cents per share. The Zacks Consensus Estimate for revenue is $13.52 billion, with earnings set at 86 cents per share.
Article Source
https://www.zacks.com/amp/stock/news/2284224/cisco-csco-expands-data-center-portfolio-with-new-solutions