News Summary:Cisco appoints Ekta Singh-Bushell to its board of directors effective June 14, 2024.Singh-Bushell, a highly accomplished business leader, most recently held the position of deputy to the first vice president, chief operating officer, Executive Office at the Federal Reserve Bank of New York. SAN JOSE, Calif., June 14, 2024 /PRNewswire/ -- Cisco (NASDAQ: CSCO) today announced the appointment of Ekta Singh-Bushell to its board of directors effective June 14, 2024."I am thrilled to welcome Ekta to ...

The renewable energy company offers a big-time income yield.NextEra Energy Partners (NEP -1.39%) enables investors to generate lots of dividend income these days. The renewable energy producer's dividend yield is currently over 10%. That's several times higher than the S&P 500's dividend yield (1.3%). Here's a look at how much you'd need to invest in the renewable energy dividend stock to generate $1,000 in annual dividend income.A supercharged dividendNextEra Energy Partners currently pays a quarterly divi ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cisco Systems. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Cary, NC, June 11, 2024 (GLOBE NEWSWIRE) -- The cheers have hardly died down from Elton John’s performance at Cisco Live 2024, and already the jaw-dropping technological advancements unveiled at the show are being worked into organizations around the world. This year, Cisco offered an immersive view into the future of technology, where AI integration and cybersecurity remain at the front and center of network security trends. Keynotes, breakout sessions, and hands-on demonstrations showcasing Cisco’s pivota ...

Summary of Cisco Systems, Inc. Conference Call Company Overview - **Company**: Cisco Systems, Inc. (NASDAQ: CSCO) - **Event**: BofA Securities 2024 Global Technology Conference - **Date**: June 6, 2024 Key Industry Insights - **Shift in Cybersecurity**: The industry is moving from point solutions to integrated platforms due to the complexity of managing multiple vendors, with customers averaging 50 to 70 vendors in their cybersecurity stack [3][4] - **Market Position**: Cisco aims to be a prominent platform provider in the cybersecurity market, leveraging its extensive telemetry and data capabilities [4][5] Strategic Focus Areas 1. **Comprehensive Security Platform**: Cisco is focused on becoming the most comprehensive end-to-end security platform, integrating various security solutions [5][6] 2. **Hyper Distributed Architecture**: The architecture for applications is shifting to hyper-distributed models, necessitating corresponding security innovations [6][27] 3. **Future of Security Operations Centers (SOC)**: Cisco is reimagining SOCs to cater to companies at various maturity levels, providing solutions for both basic and advanced SOC needs [6][7] Product Innovations - **Hypershield**: A significant new product aimed at addressing segmentation, patching vulnerabilities quickly, and simplifying updates in a hyper-distributed environment [6][27][28] - **Cisco Security Cloud**: An integrated, AI-powered service designed to protect users, cloud infrastructure, and prevent breaches, featuring a unified management plane and telemetry [34][35] Market Dynamics - **Long Sales Cycles**: The sales cycle for security products is lengthy, which impacts revenue recognition despite positive order growth indicators [8][36] - **Changing Customer Perceptions**: Cisco is actively engaging with customers to shift perceptions, evidenced by successful events with CISOs that resulted in positive feedback and interest in new products [19][18] Competitive Landscape - **Firewall Demand**: Cisco believes there will continue to be strong demand for various forms of firewalls, including virtual, appliance-based, and cloud-based solutions, as part of a comprehensive security strategy [22][23] - **SASE and SSE Offerings**: Cisco is positioning itself competitively in the Secure Access Service Edge (SASE) and Security Service Edge (SSE) markets, emphasizing a unified experience across different access types [24][25] Growth Potential - **Double-Digit Growth**: Cisco anticipates potential for double-digit growth in its security business, driven by the integration of products and a strong platform strategy [39][40] - **Talent Acquisition**: The company has strengthened its leadership team with experienced professionals from various tech backgrounds, enhancing its innovation capabilities [41][42] Conclusion - Cisco is undergoing a significant transformation in its security offerings, focusing on integrated platforms and innovative products to address the evolving cybersecurity landscape. The company is optimistic about future growth, driven by its strategic initiatives and market engagement efforts.

Cisco Systems (CSCO) recently announced several advancements aimed at transforming data center infrastructure, IT operations and enterprise defenses.Cisco, in partnership with NVIDIA (NVDA) , has introduced the Cisco Nexus HyperFabric AI cluster solution, a new end-to-end infrastructure designed to scale generative AI workloads efficiently. This solution integrates Cisco’s AI-native networking capabilities with NVIDIA’s accelerated computing and AI software, complemented by VAST’s robust data storage platfo ...

Cisco and Splunk Enable Unparalleled Visibility and Real-Time Insights to Standardize Observability in One Solution News Summary: The new Unified Observability Experience offers customers a cohesive experience across Cisco and Splunk observability solutions, while establishing the foundation for future integrations. Integration and new innovations empower customers with best in class support for both traditional and modern application architectures and visibility across their entire digital footprint. Throu ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

New AI-native innovations unlock assurance across owned and unowned domains for Cisco Networking Cloud and beyondNews summary:New Cisco ThousandEyes capabilities and AI-native workflows in Cisco Networking Cloud will deliver Digital Experience Assurance, transforming IT operations.Customers can now access data across owned and unowned environments in a unified view, explore and unlock proactive insights, and activate automated actions across the global area network.Extended visibility and assurance for on-p ...

News Summary: Cisco is launching a $1B global investment fund to expand and develop secure, reliable and trustworthy AI solutionsCisco is making strategic investments with world-class start-ups across software and infrastructure that build upon Cisco's strategy to connect and protect the AI eraCohere, Mistral AI and Scale AI among the initial GenAI startups joining the Cisco Investments portfolio to help build a broader AI ecosystemLAS VEGAS, June 4, 2024 /PRNewswire/ -- CISCO LIVE -- Cisco Investments, the ...