Today is an exciting day for us at Cisco with the launch of Videoscape.
As our Chairman and CEO, John Chambers, announced in a press conference this afternoon, Cisco Videoscape is both an experience and a solution, purpose-built for delivering and reinventing the next generation of TV experience. Together we will bring , entertainment, social media and communications and mobility together to transform how users engage with video and how providers can prosper.
Right now the consumer video experience is fragmented requiring consumers to go to multiple sources for their content. They are going to their cable or IPTV subscriptions for some content. Or, looking to their DVR and on-demand content for others. At times, they stream online content or do applications from their PC. Even still they must find additional boxes to stream their PC experience to their TV and to others that help sling content from one place to another. And, the list goes on. Some homes are so complex that it seems users need to have CCIE just to hook it all up and make it work; but all of that still doesn’t address the experience where users are having to navigate all of these different silos and devices just to watch what they want to watch or do what they want to do (and, we haven’t even spoken of quality yet). Challenges also exist for service providers as they now must now handle the ever increasing load of traffic while simultaneously losing some traction with the portion of their audience that is considering trimming of the cord. Both dynamics can have a negative effect on their business.
Today’s announcement intends to change all of this for consumers and providers alike. With Videoscape, SPs can do for TV experience (and other screens) what the mobile internet did for the phone.
Let’s look at what Videoscape delivers to the consumer, service provider and media company. Read More »
2010, what a year it was. Let’s see, it was the Year of the Tiger, the year of “Write the Rules, Own the Game,” the year of Cisco raps, and the year that Cisco and Tandberg joined forces.
There were so many momentous events that shaped 2010. While it’s impossible to list all of them, we put together a video and a rap to commemorate some of the events that happened over the past 365 days. Our video also includes best wishes for good tidings in 2011 from a number of different WWPO leaders.
Curious about the clips we featured in the video? Check out the following events that made the cut, and let us know your highlights.
Today, we released our sixth annual corporate social responsibility (CSR) report. We are pleased to provide information about the progress we have made, and the work we still have in front of us, in the areas of employee engagement, the environment, corporate governance and ethics, social investments and value chain.
Cisco’s approach to CSR is like other areas of the business where we consider the long term impact that we can have versus taking a purely transactional view. We encourage you to read more about Cisco’s CSR efforts and tell us what you think.
Watch the video with Tae Yoo, senior vice president of corporate affairs, and John Chambers, Cisco chairman and CEO, discussing why CSR is good for business and society.
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. Q1was 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.”
“One trillion dollars is roughly the amount of earnings that American companies have in their foreign operations—and that they could repatriate to the United States. That money, in turn, could be invested in U.S. jobs, capital assets, research and development, and more.
But for U.S companies such repatriation of earnings carries a significant penalty: a federal tax of up to 35%. This means that U.S. companies can, without significant consequence, use their foreign earnings to invest in any country in the world—except here.”