Cisco Systems Inc
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Information Technology : Communications Equipment | Large Cap Value
Company profile

Cisco Systems, Inc. is engaged in designing and selling a range of technologies that power the Internet. The Company is integrating its platforms across networking, security, collaboration, applications and the cloud. The Company operates through three geographic segments: the Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). The Company's products categories include Secure, Agile Networks; Internet for the Future; Collaboration; End-to-End Security; Optimized Application Experiences; Other Products, and Services. Secure, Agile Networks consists of its core networking technologies of switching, enterprise routing, wireless, and compute products. Internet for the Future consists of its routed optical networking, public fifth generation (5G), silicon, and optics offerings. Collaboration consists of its Collaboration Devices, Meetings, Calling and contact center offerings. End-to-End Security consists of its overall security offerings.

Closing Price
$46.02
Day's Change
0.00 (0.00%)
Bid
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Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
93

10-day average volume:
17,249,185
93

Cisco and Ford CEOs to Discuss the Role of Technology in Transforming the Automotive Industry and How People Use Their Vehicles

8:30 am ET June 13, 2022 (PR Newswire) Print

News summary

-- Watch Cisco CEO Chuck Robbins and President and CEO of Ford Motor Company Jim Farley chat during the Cisco Live keynote.

-- Keynote starts at 8:30 am Pacific June 14th.

-- Cisco Live attendees will also see a Ford Mustang Mach-E equipped with Cisco technology on the show floor.

CISCO LIVE -- "If I had asked people what they wanted, they would have said faster horses." Famously credited to auto pioneer Henry Ford, these words imply that in times of massive change, predicting what's next is close to impossible.

Now, the industry that retired the horse is itself on the verge of massive change. Ford is once again leading the way. And the change is fueled by technology and digital transformation. Tomorrow at Cisco Live, the premiere networking and security event, Cisco Chair and CEO Chuck Robbins and Ford Motor Company President and CEO Jim Farley will talk about these changes and the role technology, software and the connected vehicle will play in the future of the automotive industry.

Tune in to hear them discuss topics like:

-- How the electrification revolution is shaping the future of the digital vehicle.

-- How connecting vehicles to the network will change our experience of owning and driving a car.

-- How Ford is using data to create unimaginable experiences for its customers to create value and drive new growth.

SUPPORTING FACTS:

-- Ford has been among Cisco's largest and most important customers for years. The company is the third largest Webex by Cisco customer on the planet and trusts Cisco to deliver network, security, collaboration and IoT solutions. Ford purchased the third Cisco router ever produced.

-- The CEO-to-CEO conversation builds on the recent news that Webex can run on the entertainment center in Ford's new electric vehicles. Cisco Live attendees will be able to see this Cisco tech in a Ford Mustang Mach-E in the Webex Innovations booth, #CL10.

-- Cisco has a broad portfolio of IoT products to secure and connect cars, roadways, and intersections.

-- Sales of Ford's electric vehicles increased 222 percent last month- growing at almost four times the rate of the industry.

-- Ford has committed to investing $50 billion by 2026 to build a new generation of electric and digitally connected vehicles to solve more problems for customers.

-- Ford and Cisco are both working with the City of Detroit to unlock the potential and change how roads and cities are run.

ADDITIONAL RESOURCES:

Watch this video featuring Ford's VP of Electric Vehicles Darren Palmer and Detroit's chief of mobility innovation Tim Slusser.

SUPPORTING QUOTES:

Chuck Robbins, Chair and CEO, Cisco: "The automotive industry is undergoing a massive digital transformation. Cisco has the potential to help our customers embrace technology and fundamentally change the driving experience. Only Cisco can bring together manufacturers and cities to transform this part of our lives, and we're excited for what we can accomplish with customers like Ford."

Jim Farley, CEO, Ford: "We're transforming Ford around the world for the electric and connected vehicle age. Combining our truly great products and industrial know-how with new capabilities, we can revolutionize the experience of driving and owning a vehicle and shape this industry's future once again."

Tim Slusser, Chief of Mobility Innovation for the City of Detroit, Michigan: "Cities have a huge opportunity to work with the private sector to make massive lasting impact in our communities, and we're excited to work with Cisco and Ford. Having access to and sharing real-time data will let our citizens know when and where the dangerous spots are today and help us predict and prevent them tomorrow. This will not only change how roads and cities are run, but it will also help improve pollution and congestion. And ultimately, it will help save lives."

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Newsroom and follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

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SOURCE Cisco Systems, Inc.

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