Cisco system should be included in every major portfolio

CIO Review Europe | Sunday, February 21, 2021

Cisco is a significant tech company with great financials and its stock is currently at the 200-day EMA

FREMONT, CA: Cisco Systems (CSCO) is a company that makes networking equipment and develops and sells a wide range of Internet-related technology. Across networking, security, collaboration, applications, and the cloud, they are integrating the platforms. These platforms are intended to assist the clients in managing an increasing number of users, devices, and things that connect to their networks. They will be able to give customers a highly secure and intelligent platform for their digital business as a result of this.

The company operates on a global scale and manages the operations by geography. The Americas, Europe, the Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China  (APJC) are the three geographic divisions in which they operate. Infrastructure Platforms; Applications; Security; and Other Products are the categories in which their products and technology come under. Further, they offer a wide range of services, including technical support and advanced services, in addition to their product offerings. They are distributing the technology more and more through software and services. Businesses of various sizes, public institutions, governments, and service providers, including huge webscale providers, are among their customers. These customers frequently look to them as a strategic partner to help them differentiate themselves and achieve excellent business outcomes via the use of information technology (IT).

The firm is the industry's largest by a long shot. Cisco has a market capitalization of 229 billion dollars, while its closest competitor has a market capitalization of 42 billion dollars, according to Finviz. It's tough to overstate how important improved communications are in today's environment. It was an important component of the economy's foundation before Covid-19. The pandemic, which pushed much of the world into some form of isolation, further added to the importance of the sector. As a result, Cisco is a critical worldwide firm that should be included in any major portfolio.

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