Paper on Cisco

This essay has a total of 341 words and 5 pages.

Cisco


COMPANY PROFILE



Cisco Systems is one of the largest network communications company in the world. Cisco
provides networking solutions that customers use to build a integrated information
infrastructure of their own, or to connect to someone else's network. Cisco also offers an
extensive range of hardware products used to form information networks, or to give them
access to these networks. Cisco also has it's own software called IOS software, which
provides network services and enables networked applications. Cisco serves customers in a
wide range of businesses, such as corporations, government agencies, utilities, and
educational institutes, and small to medium size businesses. Cisco sells it's products
worldwide. They serve as many as 115 different countries. They have more than 225 sales
and support offices in 75 countries. Cisco strongly believes in the advantages of a global
networked business. By using networked applications over the internet and it's own
internal network, Cisco is gaining financial contribution of at least $825 million a year
in operating costs savings and revenue enhancements. Today, Cisco is the largest commerce
site, with 87% of their orders are transacted over the web.


Cisco is one of Americas greatest corporate success stories. Since shipping it's first
product in 1986, The company has grown into a global market leader that holds No.1 or No.2
market share in almost every market section in which it participates. Cisco went public in
1990 on the nasdaq stock market with annual revenues at $69 million in that year. But now
their revenues are at $12.2 billion in fiscal 1999. Their revenues in the last four
quarters are shown in the figure below.




QUARTERS REVENUES

Q3 (ending 4/00) $4.9 billion

Q2 (ending 1/00) $4.3 billion

Q1 (ending 10/99) $3.9 billion

Q4 (ending 7/99) $3.6 billion



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