Cisco Pushing For Software, Services to Top 50% of Revenue, CEO Robbins Says

The video discusses a company's response to the pandemic, focusing on employees, customers, and community. It highlights the variability in industry investments, with some sectors struggling and others investing in infrastructure. The discussion covers market trends, emphasizing software as a secular tailwind and hardware facing cyclical headwinds. The video also addresses capital deployment, considering social stigma around buybacks and M&A activities.

What was the primary focus of the company during the pandemic?

• Increasing profits

• Focusing on employees, customers, and communities

• Expanding into new markets

• Reducing operational costs

Which industry is mentioned as investing in infrastructure during the pandemic?

• Hospitality

• Airlines

• Retail

• Biopharma

What is considered a secular tailwind for the company?

• Hardware

• Security and software

• Hospitality services

• Retail expansion

What percentage of revenue did the company aim for software by the end of fiscal 2020?

• 10%

• 20%

• 40%

• 30%

What is the company's view on the importance of technology infrastructure?

• It's only important for telecom providers

• It's crucial and often goes unnoticed

• It's not a priority

• It's a temporary trend

What is the company's stance on M&A activity during the pandemic?

• Avoid all M&A activity

• Consider M&A if it's not predatory

• Focus solely on buybacks

• Engage in predatory acquisitions

What is the company's approach to preserving capital?

• Focus on short-term gains

• Preserve capital until the situation stabilizes

• Invest heavily in new projects

• Distribute all capital as dividends