Whatever they do in this round, nothing will change in the future. They may increase profit for the top, but this company will never be what it used to be a long time ago. Cisco has missed all the trains, and there is no way to catch up. Unless they come up with breakthrough tech, which will never happen the way things stand now. So, this is just the survival/money extraction mode for the foreseeable future. Meaning regular LRs, with increased frequency.
5 replies (most recent on top)
...and start with a new round of C-level leaders who actually understand SaaS.
Companies like IBM and Oracle have actual applications customers pay a fortune for and they each have a very tiny part of the cloud market. Cisco does not. Even under Chambers Cisco couldn't configure its own equipment in house correctly. Understanding SaaS isn't going to help here.
Even if you hired a child who could make licensing much easier on the network gear, if the licensing becomes more expensive it's another reason to increase the rate Cisco is losing market share to its competitors.
If you want significant growth on $58B in revenue while maintaining 30% operating margins you need a technology without existing competitors and which you can maintain a very high barrier to entry. Fixing bugs in ancient code written in an ancient language isn't a good starting point for that.
In the mean time learn that customers don't buy generic technologies like "AI," they buy products and services to solve problems and if it works at an acceptable cost it could be made from recycled ThighMasters and customers would still buy it.
Cisco has not innovated anything since chambers left. Chuck just milks what’s left.
Who here remembers Rob Lloyd? He tried hard to break up the company into two way back when and he was shut down multiples times…
It could very well be the application SaaS Circo and the infrastructure Cisco in the future.
Agreed. They are laying off the wrong people. Nothing will get done until they get rid of e-staff and start with a new round of C-level leaders who actually understand SaaS. They may also want to split the company. Very hard to do any of this with a behemoth.
yall sound like broken records we get it Cisco has innovation problems