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Cisco Systems

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Cisco Systems is the leading provider of IP-based networking and other products. As evident from the recently announced third-quarter fiscal 2017 results, intensifying competition from several smaller players, slowing order growth from service providers and challenges in the emerging markets are the primary headwinds. Revenues are expected to decline due to lower order growth in the reported quarter, which affected backlog. Moreover, ongoing transition to subscription-based model will continue to hurt top-line. Nonetheless, we believe Cisco’s expanding footprint in the rapidly growing security and data center market are promising. Moreover, partnerships with the likes of Pure Storage, salesforce.com and IBM will help Cisco to gain signficant traction in the data center, cloud and Internet of Things (IoT) market in the long haul.


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