Welcome to our dedicated page for Cisco Systems news (Ticker: CSCO), a resource for investors and traders seeking the latest updates and insights on Cisco Systems stock.
Cisco Systems, Inc. reports developments across enterprise networking, security, collaboration, observability and AI infrastructure. Company news commonly covers quarterly earnings schedules, investor conference participation, new security and networking products, AI deployment architectures, industrial and wireless research, and governance updates such as board appointments.
Recent updates also highlight Cisco's work on AI security, Secure AI Factory with NVIDIA, quantum networking research through the Cisco Universal Quantum Switch, and reports on operational technology, wireless networks and cybersecurity readiness.
Cisco will participate in the J.P. Morgan 50th Annual Global Technology, Media & Communication Conference on May 23, 2022, at 12:10 p.m. PT. The session will be webcasted, with access available on Cisco's Investor Relations website. This event underscores Cisco's ongoing engagement with the financial community and aims to provide insights into its business strategy and market position. Interested parties can find more information on Cisco's Investor Relations page.
Relay Robotics, Inc. announces a successful $10 million Series A financing and has acquired Savioke, enhancing its robotic service offerings. Michael O'Donnell has been appointed as Chairman & CEO, with Savioke's co-founder, Steve Cousins, becoming CTO. The Relay robots, deployed at major hotels and healthcare facilities, aim to leverage the growing hospitality market projected to reach $6.7 trillion by 2026. Relay Robotics focuses on integrating AI to address labor shortages in service industries while enhancing operational efficiencies.
Comcast Business has expanded its partnership with Cisco to include Cisco SD-WAN powered by Viptela, enhancing its managed SD-WAN solutions portfolio. This collaboration aims to provide enterprise customers with comprehensive global secure networking options, addressing evolving cybersecurity needs driven by new work models post-pandemic. The service facilitates simplified network management and supports hybrid work environments, integrating advanced security features like SASE and zero trust. This expansion positions Comcast Business to better serve enterprises' unique infrastructural requirements.
Duke University, DISH Wireless, and Cisco have announced a collaboration to launch a neutral host network pilot aimed at higher education institutions, utilizing Citizens Broadband Radio Service (CBRS) shared spectrum.
This initiative allows schools to establish private LTE and 5G networks, enhancing connectivity for mobile and fixed wireless access. The pilot, slated for summer 2022, aims to provide a reliable wireless infrastructure across campus. The collaboration is part of Internet2's efforts to improve wireless technologies in higher education, focusing on transformative connectivity solutions.
Cisco has announced new innovations in Webex aimed at enhancing the hybrid work experience, including a partnership with Ford to create a mobile office. Webex Calling has reached 6 million users, highlighting the growing adoption of cloud calling solutions. Enhancements also include extending the Embedded App Framework to various devices, enabling seamless app integration, and reimagining workspaces with features that support flexible work styles. Additionally, Webex Events is partnering with CLEAR (NYSE: YOU) to streamline health protocols for hybrid events.
NetApp and Cisco unveiled FlexPod XCS, a platform enhancing hybrid cloud connectivity and automation for modern applications. FlexPod XCS integrates with leading cloud providers, offering operational flexibility through a pay-as-you-grow model. Key features include enhanced visibility via Cisco Intersight, comprehensive automation, and tailored cost structures. This innovation aims to streamline IT operations and modernize cloud services, reinforcing NetApp's and Cisco's commitment to delivering robust data management solutions.
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Cisco announced its participation in the Morgan Stanley Technology, Media and Telecom Conference on March 10, 2022, at 1:50 p.m. PT. The session, featuring Shaila Shankar, Senior VP and GM of the Security Business Group, will be available for webcast. This event highlights Cisco's ongoing engagement with the financial community and its commitment to transparency. Interested parties can access the webcast through Cisco's Investor Relations website.
Cisco and Rakuten Symphony have announced a strategic agreement to enhance 4G/5G mobile networks based on Open RAN technology. Signed during the Mobile World Congress in Barcelona on February 28, 2022, this MoU aims to help global service providers modernize network architectures. The collaboration builds on a four-year partnership that developed the first fully virtualized, cloud-native network for Rakuten Mobile. Key components include Cisco's mobile and automation solutions and Rakuten Symphony's orchestration applications.
Cisco announced its Private 5G as-a-Service at Mobile World Congress, aimed at reducing risks for enterprises managing private networks. Collaborating with ORAN vendors like Airspan and JMA, Cisco is currently conducting customer trials. The service integrates with existing WLAN systems and offers a pay-as-you-use model, enhancing financial transparency. Significant projects span various sectors, including education and manufacturing, showcasing the potential of 5G, IoT, and analytics in driving productivity.