Every few months there seems to be a rumor or speculative comment about our commitment to our set top box business. Let me be as clear as I can: we love set top boxes. But, you don’t have to believe me. Let me point you to Cisco’s Q2 Fy12 earnings transcript where Cisco Chairman and CEO John Chambers stated, in part:
“In terms of set top boxes, we are very much committed to this marketplace. Our SP customers asked us to partner with them as they move from traditional set top boxes to IP set top boxes to the cloud, our Videoscape solution. Receptivity so far has been very, very good in terms of our strategy.”
(February 8, 2012)
His full comment is below which gives you a little more flavor of our commitment to our Videoscape solution, but I hope that this clarifies any erroneous, un-sourced comments that might be out there in the marketplace.
John Chambers full comment (page 6): “Our video strategy is in very good shape. We have by far and away the strongest end-to-end architecture for video going from the cloud to the end device, enabled by our Medianet architecture and the Videoscape platform. This makes video much more practical, easier to use, and easier to consume. Along with Cloud and mobility, video is one of the most significant transitions our SP and Enterprise customers are experiencing. Following a very strong Q1, SP video had another very strong quarter with 23% revenue growth year over year. In terms of set top boxes, we are very much committed to this marketplace. Our SP customers asked us to partner with them as they move from traditional set top boxes to IP set top boxes to the cloud, our Videoscape solution. Receptivity so far has been very, very good in terms of our strategy. We have demonstrated our capability to bring video to large volumes of any combination of devices whether it is Cisco, our peers and even our competitors.”
Mobile World Congress (MWC) 2012 is now less than two months away and the mobile industry is shifting into high gear! From now until the booths come down and the Fira Barcelona goes silent, it’s full speed ahead.
This month, Cisco Chairman and CEO is attending his 12th World Economic Forum (WEF) in Davos, Switzerland. In this video he prepared for WEF, he answers the following questions.
What great transformation will the world see in the next decade?
What new models will drive change in your industry?
How can organizations build competitive innovation for the next generation?
How can your industry work with other stakeholders to improve the state of the world?
John states that the internet and business “innovation will drive GDP growth, job creation and productivity” in the next decade. He says that any device will be connected to any content and that video will be everywhere. Twitter, Facebook and YouTube, he says, will be in the enterprise, in their current form or in a more business-friendly form (note: such as Cisco Quad). He says that mobility will continue to grow in importance and the proliferation of devices will make the network and its security and policies even more important.
Solving the worlds problems, he says, takes bringing diverse people together…both physically, but more and more through collaborative platforms.
Watch the video and let us know what you think technology’s impact will have on our lives in the next decade.