Can you imagine a working environment without shared network connections? Communication, collaboration and productivity would be very slow. Thanks to the invention of switches and routers, we are able to create networks of shared resources (computers, printers, servers, etc.) and connect different networks to the internet. Communication and completion of tasks became easier and faster. Networking is very important in increasing the productivity and profitability of businesses. There are different companies involved in the networking business but Cisco Systems (CSCO) is the global leader in providing different types of networking, security products and technical support services for the information and communications technology (ICT) industry.
The company has strategic partnerships with major technology companies, including Apple (AAPL), Microsoft (MSFT), Nokia (NOK) and many other companies. Since 1984, Cisco developed technologies and products that changed the way people connect, communicate and collaborate ideas and projects across the world. Cisco is one of the most-trusted brands in the networking industry and one the strongest players in all segments of the ICT industry despite competition.
According to Infonetics Research, Cisco remained the leading company in the data center equipment market after increasing its revenue in the Ethernet switch segment by 38% during the 4th quarter of 2011. Its current global Ethernet switch market share is 67%. Although its competitors, Juniper Networks (JNPR) and Hewlett-Packard (HPQ) gained .5% and 2% market shares during the quarter, Cisco is still far ahead in terms of revenue and market share.To continue reading, click here.
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