A US-based networking company, Cisco continues to be a dominant player in the Indian networking segment with 60% market share by designs, manufactures, and sells Internet Protocol based networking products and services related to the communications and information technology industry by providing a broad line of products for transporting data, voice, and video within buildings and across campuses. At Cisco, acquisitions and partnerships, have been a core competitive differentiator for the company along with R&D capability which continue to produce innovative solutions for customers. Of the 24 acquisitions made globally over the last two years, around 20 have software as the core business. The revenue recorded for FY 2017 was Rs. 11,770 cr.
India is one of the fastest growing markets for the company. Cisco security has integrated a comprehensive portfolio of network security technologies to provide advanced threat protection. 82% of companies want an integrated security portfolio. With various opportunities in India including Smart cities, digital initiatives and IoT, Cisco is preparing for digital ready networks, the company plans to make Pune its global export hub. Cisco, has invested in 20 startups in India, plans to work closely with the entrepreneurial ecosystem, track innovation, and invest more in the country going forward.