Cisco results drop as security arm struggles | ITProPortal

Cisco failed to meet analysts’ expectations in terms of its quarterly revenue which has raised concerns over its transition from a hardware vendor to a more software focused company.

Legacy technology firms such as Cisco have been looking for other areas to focus on as its traditional business of manufacturing routers and switches has struggled in recent years.  The company has instead shifted its focus to high-growth areas such as security, cloud computing and the Internet of Things in an effort to remain relevant.

Source: Cisco results drop as security arm struggles | ITProPortal

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