Cisco Systems is a California-based company that designs, manufactures, and sells networking equipment. The company was founded in December 1984 and, as of 2016, had around 73,600 employees, just over half of whom work in the United States. Around 21,250 of Cisco’s employees work in the company's research and development arm and a further 25,500 work in sales and marketing. The company announced revenues of 12.13 billion U.S. dollars in the final quarter of 2017, and a revenue of 48 billion U.S. dollars for the financial year.
Cisco’s most lucrative product segment is switching, which accounted for revenue of over 13.9 billion U.S. dollars in 2017, almost 30 percent of the company’s total product revenue. Switching involves grouping transmitted data, regardless of content or type, into suitable blocks called packets. These packets of data can then be shared among users on a network. Cisco is the global market leader in Ethernet switches, with an industry share of about 55 percent in the first quarter of 2017. Its closest competitor, Hewlett Packard Enterprise (HPE), had a share of just 6.3 percent. This market generated revenues for Cisco of 13.9 billion U.S. dollars in 2016, almost 30 percent of the company’s total revenue in that year.
Cisco is also the fifth largest vendor of servers in the world based on revenue, with the company’s revenue in this market surpassing 800 million U.S. dollars in the first quarter of 2017. However, in terms of server units shipped, Cisco has fallen out of the top five. For quarters where figures are available for Cisco's unit shipments, they have shipped around 80,000 units of servers. In terms of revenues, Cisco held a market share of 7 percent for the first quarter of 2017. HPE and Dell are the leading vendors in this market, and together they hold a market share of more than 40 percent.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.