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Cisco announces major revamp to its operating structure

Cisco Systems Inc. today announced "significant changes" to its business structure and operations. The company will streamline its sales, services and engineering organizations as it focuses on the five areas driving the growth of networks and...


May 6, 2011  


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Cisco Systems Inc. today announced “significant changes” to its business structure and operations. The company will streamline its sales, services and engineering organizations as it focuses on the five areas driving the growth of networks and the Internet: core — routing, switching, and services; collaboration; data centre virtualization and cloud; video; and architectures for business transformation.

“Cisco has driven transformational change before, and we are again transitioning to the next stage of the company’s evolution,” said Cisco chairman and CEO John Chambers.

“Today, the market is driving toward simplification and it’s why the network matters. It’s time to simplify the way we execute our strategy, and today’s announcement is a key step forward.”

“Cisco is focused on making a series of changes throughout the next quarter and as we enter the new fiscal year that will make it easier to work for and with Cisco, as we focus our portfolio, simplify operations and manage expenses,” said chief operating officer Gary Moore, COO.

“Our five company priorities are for a reason — they are the five drivers of the future of the network.”