Cisco Sys Inc Stock Price, News & Analysis

Ribbon Communications announced the launch of Ribbon Connect for Webex, enhancing the ability of telecom providers to offer telephony services globally. This SaaS solution simplifies the integration with Webex Calling, facilitating faster access to new revenue streams for service providers. It is designed to reduce the complexity and costs associated with cloud migrations, providing customers with a wider range of PSTN options. The collaboration aims to empower service providers to retain clients moving to cloud-based solutions.

Cisco has expanded its partner program by introducing six new solution specializations, reflecting current customer demands and market opportunities. These specializations cover areas such as hybrid cloud, hybrid work, and secure access service edge (SASE). This evolution aids partners in identifying their expertise and offers customers a clearer selection process when choosing partners. The move aims to enhance competitiveness and recognizes the significance of multi-architectural knowledge. Cisco emphasizes the importance of specialization, noting that it is the top criterion for 74% of customers.

Cisco Security Cloud continues to gain traction as announced during the Partner Summit, showcasing enhanced capabilities aimed at enhancing productivity and protection for organizations. Monthly multi-factor authentications surged by 38% year-on-year, signaling a strong focus on securing corporate resources. Cisco's investment in channel programs is designed to simplify operations for partners, making it easier for them to drive profitability. Innovations like Duo Passwordless Authentication and the Secure Firewall 3105 are key highlights, addressing increasing cybersecurity challenges.

Caller ID Reputation has expanded its partner ecosystem by integrating with Webex Calling, enhancing user visibility into business call scores.

This integration allows users to monitor outbound phone numbers and receive real-time notifications when numbers are flagged, improving brand integrity and call deliverability. Statistics show flagged numbers for businesses increased significantly, from 11% to 29%, following STIR/SHAKEN implementation. The integration is available for all Caller ID Reputation plans effective immediately.

The Cisco Partner Summit 2022, taking place from November 1-3 in Las Vegas, gathers thousands of global partners to discuss program updates and technology innovations. Cisco emphasizes its channel-led growth strategy, as 90% of its revenue flows through partners. Key innovations include advancements in security, an API-first strategy, and enhanced customer experience services. Cisco also aims to foster inclusivity through collaborative projects with partners, targeting digital inclusion and environmental sustainability.

Cisco (NASDAQ: CSCO) has announced enhancements to its Webex Customer Experience (CX) portfolio, integrating UCaaS, CCaaS, and CPaaS offerings for improved omnichannel customer journeys. This development was revealed at WebexOne 2022. Webex CX combines Webex Connect and Webex Contact Center, leveraging AI to enhance engagement through 16+ digital channels and improve agent experiences. Key features include AI-driven background noise reduction and seamless integrations with platforms like Microsoft Teams and Salesforce. These innovations aim to boost brand loyalty and operational efficiency for businesses.

Cisco (NASDAQ: CSCO) launched key updates at WebexOne 2022, enhancing its Webex Suite for hybrid work. Innovations include new collaboration devices and partnerships, notably with Microsoft for Teams integration. Aimed at improving user experiences, Cisco introduced features like audio watermarking and real-time occupancy insights through Webex Control Hub integration with Cisco Spaces. With 98% of meetings expected to have remote attendees, Cisco's focus is on seamless collaboration across platforms, supporting varied work styles and security needs.

The Indy Autonomous Challenge (IAC) introduced the Cisco STEM Zone, aiming to engage North Texas STEM students at the Texas Motor Speedway on November 11, 2022. This initiative will allow 1,500 students to interact with robotic racecars and learn about technology's role in future careers. Mayor Mattie Parker emphasized the partnership's importance in fostering innovation. The event follows previous successful competitions, including a record-setting event at Indianapolis Motor Speedway, continuing IAC's goal of enhancing safety in commercial transportation.

Experis, part of ManpowerGroup (NYSE: MAN), has partnered with Cisco (NASDAQ: CSCO) to provide IT training globally for various learners, aiming to support those transitioning into IT roles. Amid a talent shortage where over 75% of IT employers struggle to fill positions, this initiative seeks to train and place over 1,000 individuals in IT jobs within the first year. Courses will cover essential areas like Cybersecurity and Programming. The collaboration features the Experis MITEY Matcher, an AI job platform to help users connect their new skills with employment opportunities.