In an earnings call on February 14th, Cisco Chairman and CEO Chuck Robbins reiterated his optimism for the future of the company and for networking. Robbins said Cisco's focus on software and subscriptions drove strong revenue growth.
At the heart of this growth is intent-based networking, Cisco's software-driven approach to networks that allows automation at scale so organizations can get quick insights. The company introduced this new era of networking last June, with new capabilities announced just two weeks ago. The second wave includes powerful assurance across data center, campus, and wireless portfolios, creating greater insights with predictive analysis.
Robbins believes the network has never been more crucial right now for customers, mentioning that the Catalyst 9000 switch has been the fastest ramping product in the company's history. The Cat9K doubled Cisco's customer base from last quarter.
Moving onto the cloud, Robbins said he's encouraged with the work Cisco is making in the area. The CEO mentioned Cisco's cloud management partnership with Microsoft and Google as meeting their customer's needs, as well as the Cisco Container Platform that allows applications to run in a multi-cloud environment.
Cybersecurity is another big area of growth for the company, with Robbins saying Cisco leads security in the industry across network and cloud, reducing the time to detect threats. Together with Apple, Robbins said Cisco helps customers become the most secure in the world.
The CEO said Cisco's cloud-based subscriptions allow better experiences for customers, and the company's work in applications helps power of trillions of terabytes of data across trillions of devices. Acquisitions like AppDynamics have shown scalability, as more than 25% of Cisco accounts have adopted the AppDynamics technology, and companies like BroadSoft help strengthen the cloud portfolio.
Finally, Robbins shared his pride in being named Barron's number one most sustainable tech company, thanking teams for leadership in environmental, social, and governmental issues.
"I'm very pleased," says Robbins, "I'm very optimistic for our future."