AI Index / Cisco Systems, Inc.
Cisco Systems, Inc. (CSCO)
Networking giant Cisco Systems' recent innovations in AI include Hypershield for cybersecurity and Ethernet AI fabric for webscale customers. In 2024, Cisco crossed $1 billion in AI orders with web scale customers. Focused on expanding AI infrastructure and networking, the company is integrating its product portfolio to enhance AI capabilitie -- including security solutions like Hypershield and hyperfabric for AI. The company's restructuring plan emphasizes reallocating resources to prioritize AI, cloud, and cybersecurity investments.
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In Q1, our webscale customers placed AI infrastructure orders in excess of $300 million. Our AI pipeline continues to be strong. We have earned more design wins and remain confident that we will exceed our target of $1 billion of AI orders this fiscal year from webscale customers.
- Chuck Robbins
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Quotes from cisco Executives About Artificial Intelligence and Generative AI
Overall, our Q1 results highlight continued strong demand for Cisco technologies, driven by the need for modern, resilient networks as AI begins to scale.
- Chuck Robbins
Findings from our new global AI partner study show that IT partners around the world are anticipating a transformative wave of AI technology demand driven by infrastructure, cybersecurity, and customer experience.
- Chuck Robbins
To help our customers prepare, we have announced two new additions to our data center infrastructure portfolio, a new Nvidia-based AI server and AI PODs...
- Chuck Robbins
...our internal AI assistant for TAC works alongside our engineers to improve quality and speed time to resolution...
- Chuck Robbins
...three key things happening... First... back-end AI networks with hyperscalers focused on training. Second... enterprises look to adopt and deploy AI... Finally... mature back-end models with enterprise AI application deployment...
- Chuck Robbins