Cisco Systems is a California-based company that designs, manufactures, and sells networking equipment. With annual revenues of more than 50 billion U.S. dollars, Cisco is one of the leading B2B network and telecom equipment vendors worldwide. The company was founded in December 1984 and, as of 2019, had around 75,900 employees, just over half of whom work in the United States. Around 21,900 of Cisco’s employees work in the company's research and development arm and a further 26,200 work in sales and marketing.
Cisco operates three major segments
Starting with the 2018 report year, Cisco changed its reporting segments and now reports its revenue in three major sections: Infrastructure platforms, applications, and security. Infrastructure platforms is by far Cisco's largest business segment, accounting for around 60 percent of revenues.
Cisco's infrastructure platforms segment includes its networking technologies products such as switching, routing, wireless, and data center products with both hardware and software offerings as part of the division.
The applications segment encompasses mostly software-related services and products utilizing the company's network and data center platforms. Collaboration offerings such as Cisco Telepresence and AppDynamics are examples of the segment's products.
Cisco also provides network security, cloud and email security, advanced threat protection, threat management, and identity and access management products with its security segment.
Cisco – a global player in the IT network market
Cisco is one of the major vendors in the IT network market, mainly due to its dominating position in the global ethernet switch market, of which Cisco holds more than 50 percent of the market share. The company's main competitors in the IT network market are Huawei, Nokia, Ericsson, and HPE. Cisco is also among the more prominent players in cloud infrastructure, IT automation, and hyperconverged systems and (cyber) security appliances with a share of five percent or more.
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In the following 4 chapters, you will quickly find the 44 most important statistics relating to "Cisco".