Cisco’s Worth $23 On Cloud Foray And Enterprise Strength
Grazed from Trefis. Author: Editorial Staff.
Cisco (NASDAQ:CSCO) recently debuted its virtual cloud-routing and WAN optimization platform under the Cisco Cloud Connected Solution brand. The new product solution will help businesses take advantage of cloud computing to deploy cloud-related services and transition their virtual private networks into the cloud. It would also address the traditional cloud computing concerns of speed and bandwidth problems to “offer an optimal user experience at the lowest cost”. [1] With businesses increasingly looking to move their applications to the cloud, Cisco’s move will help it address the changing trends and drive its earnings higher in the future.
Cisco’s enterprise muscle
Enterprise routing is a Cisco stronghold with the company boasting of as many as 500,000 customers who have deployed its routing solutions worldwide. It has more than 77% market share of the global enterprise router market, as per our estimates…

