Global leader: John Chambers, CEO and chairman
Local leader: Geoff Lawrie, country manager, New Zealand
Core activity: Online applications and internet networking
Revenue: US$36.1 billion (FY08-09, ended July 25)
Key customers: Westpac, BNZ, ANZ National Bank, Fonterra, Australian Federal Government, Foster’s Group
Diversification was core to Cisco in 2009, moving beyond its traditional networking products into datacentres and virtualisation. The company launched its first-ever server system, integrating computing, network and virtualisation resources. It also entered a partnership with VMware to provide data centre solutions.
In addition to its ICT interests, Cisco completed the purchase of San Francisco-based Flip Video creators, Pure Digital Technologies, moving into the digital imaging space. Cisco also launched several new environmentally
friendly products as part of its Smart+Connected Communities (S+CC) strategy.
Profits were down in 2009, but a focus on operational savings slashed $US1.2 billion from the bottom line. Locally that translated into a 25 per cent reduction in discretionary expenses, and helped the company to a 24 percent
increase in total revenue.
In 2010, Cisco will continue to diversify. S+CC will feature front and centre, aiming to deliver more energy-efficient products and “smart” networked services. Rachael Bolton
Join the CIO New Zealand group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.