Cisco

BSNL has signed MoUs with Ericsson, Qualcomm, Cisco, and Nokia to launch 5G, AI, and networking training at its Jabalpur institute, aiming to train over 2,000 participants annually

Chuck Robbins says Cisco views India as a key export and R&D hub but will wait for clarity on global trade policies before committing to further investments

Global tech major Cisco believes that India is a "viable" hub for exports, but made it clear that it will wait for clarity on global trade policies before deciding to invest more here. The San Jose-headquartered company's chairman and chief executive Chuck Robbins said India is one of the biggest opportunities for Cisco globally, and it believes no other country in the world can deliver the growth rates that India can over the next decade. Stating that the company started manufacturing in India about 18 months ago with a single product and is in the process of adding two more, Robbins said India is now a "viable" place for exporting out of. "I think the global trade dynamics right now need to sort of get settled down so we actually can think through how it impacts our longer-term plans. But obviously India is a big part of it," he told reporters here, when asked about investment plans. It can be noted that Cisco has a manufacturing unit near Chennai, which was opened last ...

Tech veteran to focus on AI, enterprise software, and cybersecurity amid growing regional push

Tech layoffs 2024: Major IT firms such as IBM, Cisco, and Microsoft have laid off over 100,000 employees across the globe in the second half of 2024

The facility was launched by Union Communications Minister Jyotiraditya Scindia, along with Cisco CEO Chuck Robbins. Other key dignitaries included Cisco India President Daisy Chittilapilly and other

Earlier in the year, Cisco reduced its workforce by 4,000 employees in a previous round of layoffs that took place in February

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify the number of jobs it is cutting. It had 84,900 employees as of July 2023. Based on that figure, the number of jobs cut would be about 5,900. In February, Cisco announced it would cut about 4,000 jobs. The networking equipment maker said in June that it would invest $1 billion in tech startups like Cohere, Mistral and Scale to develop reliable AI products. It recently also announced a partnership with Nvidia to develop infrastructure for AI systems. Cisco's layoffs come just two weeks after chipmaker Intel Corp announced it would cut about 15,000 jobs as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. Intel's quarterly earnings report disappointed investo

Cisco, the largest maker of the routers and switches that direct internet traffic, has been grappling with sluggish demand and supply-chain constraints in its mainstay business

Democratically governed Taiwan, which Beijing views as its own territory, has repeatedly complained of cyberattacks coming from China

Cisco Investments, the corporate venture investment arm of Cisco, has launched a USD 1 billion global AI investment fund to drive the development of secure and reliable AI solutions. Cisco has already allocated nearly USD 200 million from the fund, in Cohere, Mistral AI, and Scale AI. "We believe we are well positioned to be the best strategic partner for our customers in the AI era as they look to build, secure, and power AI. "In addition to building essential technology to connect, secure and advance AI, Cisco is committed to investing in the broader AI ecosystem to more effectively meet our customers' needs," Mark Patterson, Chief Strategy Officer at Cisco, said. Cisco said it will collaborate with AI companies to co-innovate and offer a range of AI solutions, positioning itself as an agnostic provider and platform player to serve its global customer base with diverse options.

India is among the top ten markets for Cisco globally and with the new manufacturing plant in Chennai, the country is gaining even more prominence

The calls will be routed via Tata Communications' data centre in the Mumbai region, thereby helping organisations stay compliant with local regulations

The fake equipment compromised public and private sectors, including sensitive government systems used by the military

In a statement, the company said it urged customers to take immediate action to update their software. It did not give further details on the breaches, which it said dated back to earlier this year

Chittilapilly talks about the progress of the Chennai plant, small and medium businesses (SMBs), and trends in tech spending

82% of respondents said a cybersecurity incident is likely to disrupt their business in the next 12 to 24 months

71% plan to upgrade their IT infrastructure in one to two years, says Cisco's 2024 Cybersecurity Readiness Index

Women will represent half of the trained workforce to help meet the growing need for such skills

US firm Cisco system said that it's been hit by a temporary "pause" in orders from customers who are busy installing equipment they've already acquired