Growth in Cloud Computing : Cisco is not yet dominant

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sumonasumonakha.t
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Growth in Cloud Computing : Cisco is not yet dominant

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Cisco's strengths
Brand Recognition : Cisco is a renowned brand in the networking industry. The company is widely recognized and trusted in over 165 countries. Its reputation has secured profitable partnerships with various companies across the globe. Moreover, its reputation has helped the company garner many loyal customers;
Skilled Workforce : Cisco's workforce consists of highly qualified professionals. The skilled workforce enables the company to innovate and stay ahead of most competitors;
Strong Financial Performance : Cisco's revenue base is very stable. Strong cash flow allows the company to invest in research and development. It also allows the company to acquire other companies and expand;
Focus on innovation : Cisco has been able to stay ahead of its competitors largely because of its focus on innovation. The company is constantly improving its products and introducing new ones. This practice allows the company to keep up with the new needs of its customers.
Cisco Weaknesses
Slow Adaptation to Cloud Computing: The assessment at which Cisco is adapting to cloud computing is slower than the pace at which most of its competitors are adapting to cloud computing. The slow adaptation to cloud computing causes the company to lose some of the market shares in cloud computing to its competitors;
Over-reliance on hardware sales : Cisco is overly dependent on hardware sales to generate revenue. hong kong phone number data This dependency could have negative consequences for the company in the future as technology continues to evolve toward software-defined networking;
Over-dependence on a few markets : Although Cisco operates in several countries, a very large percentage of its revenue comes from North America. Therefore, the company’s financial status can be affected by economic downturns in the region. The company must develop strategies to generate significant revenues in all the markets it exists in to prevent this from happening.
Cisco Capabilities
in cloud computing. So, the company has the opportunity to grow in cloud computing. Cisco will benefit immensely from cloud computing as global cloud traffic continues to grow;
Expansion into Emerging Markets : Cisco has the opportunity to expand into emerging markets such as Africa and Asia. The demand for networking equipment is high and growing in such markets, so Cisco will thrive there;
Growth in the software market : Cisco has an opportunity to grow in the software market, especially as software-based networking solutions gradually replace hardware-based networking solutions. The company can easily leverage its existing hardware products to grow in the software market.
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