Why Cisco Is Shifting Its Focus to Software Sales

The video discusses Cisco's strategic shift towards growth areas like cloud computing and IoT, as its core networking products face market saturation. Chuck Robbins, Cisco's CEO, is recognized for his leadership in navigating this transition, building on John Chambers' legacy. The company faces challenges due to its large installed base and the need to attract new customers while maintaining existing ones.

What are the new areas where Cisco is focusing its growth?

How does Chuck Robbins compare to John Chambers in terms of leadership?

What challenges does Cisco face due to its large installed base?

What is the significance of cloud computing and the Internet of Things for Cisco's future?

What does it mean for a big company like Cisco to be 'nimble' in the tech industry?