Cisco Sys Inc Stock Price, News & Analysis

Cisco (NASDAQ: CSCO) partners with musician Pharrell Williams' non-profit, YELLOW, to enhance education through technology at YELLOWHAB, a tuition-free microschool in Norfolk, Virginia. Cisco's technology, including Webex Suite and Secure X, will empower underserved youth, emphasizing a competency-based curriculum in entrepreneurship, arts, and STEM. The partnership aims to bridge the digital divide and ensure equitable access to learning tools for historically marginalized communities. Both leaders stress the importance of technology in preparing students for future job markets.

Bluescape has partnered with Webex to launch Bluescape for Webex, enhancing collaboration for remote and hybrid teams. Announced at Cisco Live, this integration offers a superior meeting experience by allowing users to incorporate a Bluescape workspace into Webex meetings. Teams can share high-fidelity content securely, boosting productivity through real-time and asynchronous collaboration. This app requires both Webex and Bluescape accounts, which can be accessed easily to revolutionize operations.

Cisco announced innovations in cloud-managed networking at Cisco Live on June 14, 2022, focusing on simplifying IT operations and enhancing user experiences. Key developments include Cloud Management for Cisco Catalyst, enabling integration with the Meraki dashboard for better visibility, and the new Cisco Nexus Cloud for managing cloud networking efficiently. Additionally, ThousandEyes WAN Insights will help customers proactively manage their WAN performance, marking a major step towards Cisco's predictive networking vision.

Cisco has introduced AppDynamics Cloud, a cloud-native observability platform designed to enhance digital experiences across complex, distributed architectures. Launched at Cisco Live on June 14, 2022, this platform enables IT teams to swiftly detect and resolve performance issues by utilizing telemetry data to provide actionable insights. It ensures investment protection through integrations with OpenTelemetry™ and partners with cloud providers. AppDynamics Cloud will be commercially available starting June 28, supporting cloud-native environments on AWS and extending to other platforms.

Cisco launched its first hybrid Cisco Live 2022, showcasing new innovations across networking, security, and collaboration with an expected 15,000 attendees. CEO Chuck Robbins highlighted the importance of digital transformation. Key announcements include cloud management capabilities and the industry's first hybrid work phone, Cisco Video Phone 8875. The event features talks by Pharrell Williams and Mindy Kaling, alongside technological previews such as autonomous vehicle demonstrations, innovative workspace tools, and advanced video messaging solutions.

Cisco and Ford announced a discussion during the Cisco Live event about the digital transformation in the automotive industry. Cisco's CEO Chuck Robbins and Ford's CEO Jim Farley will explore topics such as electrification and connected vehicles. Ford has seen a 222% increase in electric vehicle sales, significantly outpacing the industry growth. The partnership aims to utilize Cisco's technology to enhance vehicle connectivity and customer experiences. Furthermore, Ford is investing $50 billion by 2026 to advance electric and connected vehicle capabilities.

Cisco (NASDAQ: CSCO) announced enhancements to its Webex Calling suite, aiming to improve call quality and reliability for hybrid work environments. Key updates include site survivability that maintains PSTN call capabilities during network outages, AI-driven background noise elimination, and the launch of new devices such as the Webex Room Bar and Cisco Video Phone 8875. These innovations enhance user experience by ensuring clear audio and seamless collaboration, now available in over 110 countries. Pricing for the Webex Suite starts at $11.95 per month, with the Webex Room Bar priced at $3,795.

Cisco will host a webcast on June 23, 2022, featuring J.P. Morgan and Jeetu Patel, discussing solutions for Hybrid Work. The event will be moderated by CFA Samik Chatterjee and will not include new financial information. Interested participants can access the webcast at Cisco's Investor Relations website. A replay will be available for one month post-event. Cisco is a leader in technology that powers the Internet, transforming infrastructure and securing data for a global future.