Welcome to our dedicated page for Cisco Sys news (Ticker: CSCO), a resource for investors and traders seeking the latest updates and insights on Cisco Sys stock.
Cisco Systems, Inc. (NASDAQ: CSCO) regularly issues news and updates that highlight its role as a worldwide technology leader in networking, security, collaboration and observability, with a strong emphasis on the AI era. The CSCO news feed on Stock Titan aggregates these announcements so readers can follow how the company presents its strategy, technology developments and corporate actions over time.
Recent Cisco news releases focus heavily on artificial intelligence and digital infrastructure. Cisco has announced an AI Summit that brings together leaders involved in building the AI economy, reflecting its interest in AI’s impact on compute, infrastructure, design, the workforce and geopolitics. The company also reports on collaborations and investments across the AI landscape, such as its investment in spatial intelligence startup World Labs and a planned joint venture with AMD and HUMAIN to deliver large-scale AI infrastructure.
Cisco’s news also covers cybersecurity and digital resilience, including updates from Splunk, a Cisco company that focuses on security information and event management and security analytics. Additional releases discuss research on AI adoption and digital well-being conducted with the Organisation for Economic Cooperation and Development, highlighting generational and geographic divides in AI usage and the importance of digital skills and well-being.
Investors and followers of CSCO can use this news page to review Cisco’s earnings announcements, participation in financial conferences, annual meeting information, partnerships, research initiatives and product or infrastructure-related updates. By reading Cisco’s own disclosures in one place, users can better understand how the company describes its position in networking, security and AI, and how those themes evolve across time.
Cisco announces its partnership with COP26, the UN Climate Change conference in Glasgow, from October 31 to November 12, 2021. The company will provide secure technology for in-person and virtual connectivity via Webex, facilitating inclusive discussions for over 3,000 sessions. This initiative supports critical climate negotiations and enhances accessibility for global policymakers. Cisco's technology, including solutions from its partners, aims to create a seamless experience for attendees, showcasing its commitment to sustainability and inclusivity during vital talks on the future of climate policy.
Cisco announced changes to its revenue reporting categories effective Q1 FY 2022, which will align with strategic priorities. The new categories include Secure, Agile Networks, Hybrid Work, End-to-End Security, Internet for the Future, Optimized Application Experiences, Other Products, and Services. This change is aimed at enhancing clarity in financial reporting. Additionally, Cisco will present Annual Recurring Revenue (ARR) net of rebates and certain adjustments, reflecting a more accurate run-rate of subscriptions and contracts. These changes will be discussed in the upcoming Q1 FY 2022 conference call.
Cisco has introduced Webex Go, a new phone system that allows users to connect their mobile devices with enterprise-grade calling features. This launch is part of a broader effort to enhance the Webex Customer Experience with improved data services for personalized interactions. Enhanced features include location-based emergency calls, integrated cloud calling, and expanded European coverage for Cisco Calling Plans. Additionally, Cisco aims to strengthen customer interactions by integrating capabilities from its recent acquisition of imimobile.
The 2021 Duo Trusted Access Report from Cisco reveals a significant shift towards passwordless authentication, driven by hybrid work environments. Multi-factor authentications rose by 39%, with biometric methods surging 48% year-over-year. Over half of IT decision-makers aim to adopt passwordless strategies, reflecting an industry trend toward improved security via user-friendly practices. Additionally, Duo noted a fivefold increase in WebAuthn usage since April 2019, highlighting the growing acceptance of biometrics. As organizations adapt, stricter access policies are emerging in response to elevated security threats.
Cisco Systems has been awarded the 2020 Global Enabling Technology Leadership Award by Frost & Sullivan for its innovative contributions to the Industrial Internet of Things (IIoT) sector. The award highlights Cisco’s extensive range of solutions, including routers and edge computing software, that facilitate effective IIoT technology deployment. Cisco's collaboration with vendors like Rockwell Automation and Schneider Electric enhances its market presence. The recognition underscores Cisco's leadership in providing secure and scalable solutions that advance digitization in industrial environments.
Cisco has launched its inaugural Hybrid Work Index (HWI), based on extensive customer data, revealing insights into the evolving preferences of hybrid workers. Key findings show a 200% increase in AI tool usage and a 300% surge in mobile meeting participation since the pandemic began. Security remains a critical concern, with over 100 million email threats targeted at hybrid workers daily. The importance of flexibility and wellness is highlighted, with 64% of employees stating remote work influences their job retention.
High Alpha, a leading venture studio, has launched its third venture studio, following the successful raising of a $110M fund. The new studio, focusing on enterprise cloud companies, raised $18M from Emergence Capital and Foundry Group. Since its inception in 2015, High Alpha has pioneered the venture studio model, raising over $260M and launching over 30 companies including Mandolin and Zylo. The firm aims to empower entrepreneurs through a unique model, providing essential coaching and resources to help startups thrive.
Cisco (NASDAQ: CSCO) is set to host WebexOne from October 26-28, 2021, a leading collaboration event aimed at enhancing hybrid work and customer experiences. Esteemed speakers include Olympian Simon Biles, Spanx CEO Sarah Blakely, and astronaut Nicole Stott. The event will feature over 30 customer speakers, interactive breakout sessions, and keynote discussions led by Cisco executives, focusing on technological innovations and organizational growth. The free virtual event emphasizes inclusivity and collaboration, inviting global participation.
Cisco has introduced its New Trust Standard, aiming to set a benchmark for organizations to enhance customer trust during digital transformation. This framework emphasizes essential elements such as Zero-Trust architecture, trusted supply chain, and data rights, amidst increasing cyber threats and hybrid work environments. Insights from the 2021 Consumer Privacy Survey revealed that nearly a third of consumers prioritize transparency and control over data practices, indicating a growing demand for trust in digital interactions.
Cisco has been awarded the 2021 Global Market Leadership Award by Frost & Sullivan for its leadership in the global network firewall market. The recognition highlights Cisco's strategic vision to enhance multicloud security, providing enterprises with integrated security solutions to simplify policy management. Cisco's Secure Firewall, which includes evolving capabilities and integrates with the SecureX platform, aims to reduce costs and improve threat response times. With a focus on Zero Trust and Secure Access Service Edge (SASE), Cisco is well-positioned to leverage the growing need for robust security in hybrid environments.