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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Location: US
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Market Cap: $237.3B
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https://www.cisco.com
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We've also been investing to accelerate critical innovation in key areas with Hypershield and hyperfabric for AI being two outstanding examples.
- Chuck Robbins
Quotes from cisco Executives About Artificial Intelligence and Generative AI
AI is transforming every aspect of our customers' IT environments. They need to modernize their infrastructure, harness the full power of AI and data and improve their cybersecurity posture, all while building agility and resiliency across their entire digital footprint.
- Chuck Robbins
We have now crossed $1 billion in AI orders with web scale customers to date with three of the top four hyperscalers deploying our Ethernet AI fabric, leveraging Cisco validated designs for AI infrastructure.
- Chuck Robbins
...we believe we are well-positioned to be the key beneficiary of AI application proliferation in the enterprise. Our hyperfabric AI cluster solution created with NVIDIA helps our enterprise customers build infrastructure to run generative AI models and inference applications.
- Chuck Robbins
...we are enhancing our own productivity by using AI in our services and customer experience organization. We have a robust AI and automation framework that touches at least 50% of our service requests.
- Chuck Robbins