Cisco gained market share in service provider routing and switching in the first quarter of 2011, according to two key analyst reports issued this week.
In an ACG Research blog post issued today, the firm said, “Cisco continues to hold the number one position (in worldwide carrier routing and switching) with 50.3% of total market share…ACG is cautiously optimistic about the future outlook of the market. We see service providers spending on cloud computing and video services and managed services will help drive growth in the remainder of 2011.”
In a press release summarizing Synergy’s recent carrier routing and switching report, it said, “(We) find it notable that Cisco’s market share remains dominant and growing in the face of formidable competition and the ever-changing requirements of network infrastructure. Although there is ample opportunity for other vendors to participate in this market, Cisco still today holds the dominant #1 market share position with nearly 2.5 times greater market share than its closest #2 competitor and over 3 times the amount of market share than its more distant #3 competitor.” Synergy is forecasting the Service Provider router and switch market to approach 20% growth in 2011.
With Internet and mobile traffic growth, the transition to IPv6 technologies, and new cloud and social computing market opportunities, innovation in service provider networking has never been more important.
Backed by Cisco’s flagship core and edge routing platforms – the CRS-3 and ASR families – we look forward to working with our service provider partners to build out the next-generation Internet and help drive exciting new services in the years ahead.
During Cisco’s Q3FY11 earnings announcement last week, Cisco stated that year-over-year product revenue for the ASR 9000, Cisco’s flagship edge router, had grown at approximately 140%. Last month, we announced that just one year after it was introduced, the industry-leading Cisco® CRS-3 Carrier Routing System is being adopted faster than the original CRS-1 platform, with 80 customers in more than 30 countries.
Tags: asr, CRS-3, earnings, routers, switches
Happy (late) Cinco de Mayo — or should I say Happy Cisco de Mayo! It was another busy week here at Cisco. Some of our top stories included features on the future of live sports distribution and customer networks. Cisco also announced that it is now delivering containerized data centers! For more information, read below.
1.) To Stream or Not to Stream? The Future of Live Sports Distribution
There is an argument among TV broadcast networks that streaming live sports on the Internet and on mobile devices cannibalizes their TV ratings. However, the opposite appears to be true. Case in point is the March Madness basketball tournament this spring; the games were shown live on TV and also streamed live online. Interestingly enough, viewership increased in both domains. Perhaps live Internet streaming can happily live side by side with TV viewership, and maybe even enhance it. What are your thoughts?
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Tags: cinco de mayo, data center, Data Center container, earnings, march madness, News@Cisco, sports
Today, we reported our first quarter results for the period ended October 30, 2010. We reported first quarter net sales of $10.75 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.9 billion or $0.34 per share, and non-GAAP net income of $2.4 billion or $0.42 per share. Q1 was a solid quarter for Cisco from a financial, product, customer and geographic perspective. We continue to execute well with a compelling financial position, expanding innovation engine and execution in both our core markets and market adjacencies.
Cisco Chairman and CEO John Chambers commented:
“Cisco delivered solid financial results, during a challenging economic environment. While we have seen capital spending moderate in some areas of our business, our execution in the areas we can control and influence speak to the success and relevance of the company’s strategy. Our position in the market, including continued product innovation, market share momentum and operational excellence, positions us for growth and flexibility well into the future as we strengthen our role as a trusted business partner to our customers.”
Earlier this week, we released our key technology and customer highlights for the quarter, including acquisitions and new products.
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Tags: earnings, financials, john chambers, marthin de beer, q1fy11