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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 is set to announce its Q2 fiscal 2022 financial results on February 16, 2022, during a conference call at 1:30 PM (PT) (4:30 PM ET). The results cover the period ending January 29, 2022. Financial details will be disclosed via PR Newswire after market close on the same day. Interested parties can access the call by telephone or through an audio broadcast on Cisco's investor website. A replay will be available from February 16 to February 23, 2022.
Cisco's 2022 Data Privacy Benchmark Study highlights that 90% of over 4,900 surveyed professionals consider privacy a business imperative. Organizations are increasing their privacy investments, estimating a 1.8x ROI on average, down from 1.9x last year. 83% of respondents view privacy legislation positively, though 88% report increased costs due to data localization requirements. The study reveals strong customer demand for transparency in data usage, particularly in AI, with 91% valuing external privacy certifications.
Cisco's Kenna Security released findings revealing 20,130 software vulnerabilities reported in 2021, with only 4% categorized as high risk. The research demonstrates that prioritizing high-risk vulnerabilities can reduce an organization’s exploitability score by up to 29 times. Utilizing Twitter mentions for software fixes is shown to be twice as effective as the traditional CVSS scoring system. The report suggests that nearly all IT assets have exploitable vulnerabilities, pointing out the need for a shift in focus from CVSS to exploitability for effective vulnerability management.
Internet2 has successfully transitioned its research and education network to a new fifth-generation backbone, enhancing capacity and efficiency. This upgrade features optical layers capable of supporting up to 32 terabits per segment and 8-16 petabits per second of port capacity. The network aims to reduce power consumption by 70% and supports vast data movement needs, having transferred over 2.75 exabytes in 2021. The initiative, carried out with key partners including Cisco and Ciena, promotes easier workflow for scientific collaboration while adapting to challenges posed by the ongoing pandemic.
Lockheed Martin (LMT), Amazon (AMZN), and Cisco (CSCO) are collaborating to integrate advanced human-machine interface technologies into NASA's Orion spacecraft for the Artemis I mission. This partnership aims to demonstrate how astronauts can leverage voice technology, AI, and video collaboration in deep space. The Callisto demonstration will feature Amazon Alexa and Webex technologies, enabling improved communication and operational efficiency during missions. Scheduled for early 2022, Artemis I will test these capabilities, potentially benefiting future crewed missions and engaging the public in space exploration.
Softchoice (TSX: SFTC) has achieved the Cisco Advanced Customer Experience (CX) Specialization, making it one of only two Cisco partners in North America with this recognition. This specialization highlights Softchoice's capability to enhance customer success across the entire lifecycle of Cisco solutions. The company emphasizes its focus on advanced technical competencies and customer-centric strategies. Additionally, Softchoice’s Enterprise Lifecycle Management service aids organizations in efficiently managing licensing, reducing compliance risks, and maximizing technology investments.
The Cisco Board of Directors has declared a quarterly cash dividend of $0.37 per common share, set to be paid on January 26, 2022. This payment is for all stockholders of record as of January 5, 2022. The latest dividend matches the previous amount of $0.37 paid on October 27, 2021. Future dividends will require Board approval.
Cisco's latest cybersecurity report, Security Outcomes Study Volume 2, surveyed over 5,100 professionals across 27 markets to identify effective security measures. Key findings highlight that organizations regularly testing their security are 2.5 times more likely to maintain resiliency. Additionally, those using integrated technology experience a 40% improvement in threat detection. The report emphasizes the importance of investing in cloud-based architectures and automation to enhance security operations and recovery capabilities amid evolving threats.
Cisco (NASDAQ: CSCO) will hold its 2021 Virtual Annual Meeting of Stockholders on December 13, 2021, at 8:00 a.m. PST. Participants, including Chair and CEO Chuck Robbins, can join via audio webcast. Only stockholders of record as of October 15, 2021, are eligible to vote and ask questions online during the meeting.
Stockholders can access the meeting here. A replay will be available on the Cisco Investor Relations website.
Cisco has announced its participation in several key conferences in December 2021 aimed at engaging with the financial community. The events include the Raymond James Technology Investors Conference and the UBS Global TMT Virtual Conference on December 6, followed by the Barclays Global Technology, Media and Telecommunications Conference on December 8. Webcasts of these sessions will be available on Cisco's Investor Relations website.