We've sifted through networking giant's Q3 results statement and call transcript, so you don't have to
Catalyst 9000 switch the ‘fastest ramping Cisco product in history'
The Catalyst 9000 now has 5,800 customers, up from 3,100 last quarter, meaning Cisco is adding 40 customers per day that acquired the Catalyst 9000 for the first time.
This makes it the "fastest ramping new product introduction" in Cisco's history, according to Robbins.
Robbins cited the 9000 as a prime example of how Cisco has begun to scale its enterprise networking business into a subscription model.
On that note, Cisco said it generated 32 per cent of its total revenue from recurring offers in Q3, up from 30 per cent a year earlier. Revenue from subscriptions was 55 per cent of our software revenue.
Cisco could make more cybersecurity acquisitions
Cisco has been an acquisition machine of late, in Q3 closing its acquisitions of cloud contact centre player Broadsoft and hyperconverged infrastructure outfit Skyport Systems. Just this month it put its hand in its pocket for Accompany, which provides an AI-drive relationship intelligence platform.
Many of Cisco's recent purchases - among them Portcullis and Sourcefire - have focused on cybersecurity, and on the call Robbins hinted that this is an area Cisco will look to bolster further.
"The great thing about this architecture when we build it is that you can continue to add virtually any source of threat intelligence to this, because it's built to digest massive amounts," he said. "I mean, we see 20 billion threats every day. So, you can assume that we can add any sort of capability that we like that includes threat sources and frankly the same thing from a defence perspective. So, within the portfolio, I think, there's always an opportunity for our teams to continue to improve and continue to add features and there's a lot of good competition in the space, it's very fragmented, so we just continue to execute against delivering that architecture."
