Cisco: The Big Deals are Back
Page 1 of 1
While some have seen a slowdown in the enterprise networking market, Chambers said that the Cisco enterprise networking pipeline is strong, with the volume of deals in the $1 million to $5 million range growing.
"The big deals are back," Chambers said. "This is an indication of business confidence and growth, and we feel very good about our ability to maintain and grow our enterprise and commercial business in the U.S."
A key part of Cisco's growth strategy is the leveraging of its security assets.
"Security used to be a silo, and now it will be in an architecture," Chambers said.
Chambers added that for those vendors that only have point products like firewall or Intrusion Prevention System (IPS) devices, the bad guys will find a way around them. That's why having a full architectural approach is necessary to cover all the bases.