Cisco continued to develop the analytics capabilities, bringing end-to-end visibility and analytics from the end user to the network to the application
With intent-based networking, Cisco changed the building blocks for networks. It created a platform for innovation across our entire portfolio. In fiscal 2018, it introduced new wide-area network ( WAN) offerings through the integration of Viptela’s SD-WAN capabilities with Cisco’s core portfolio, as well as new access and data centre offerings. With the integration of AppDynamics, Cisco continued to develop the analytics capabilities, bringing end-to-end visibility and analytics from the end user to the network to the application. Cisco introduced new developer capabilities spanning all network domains.
In fiscal 2018, Cisco delivered strong top-line growth and profitability, reporting the highest-ever global revenue of $49.3 billion and its Indian revenue is estimated at USD 840 Mn. Recurring offers accounted for 32% of the total revenue in fiscal 2018, and revenue from subscriptions was 54% of the software revenue. Cisco generated globally $13.7 billion in operating cash flow in fiscal 2018.
Cisco acquired broadsoft in unified communications, for cloud calling and contact centre solutions in Feb. 2018. Under infrastructure platforms, it acquired Skyport Systems in data centre computing for cloud-managed, hyperconverged systems that run and protect business-critical applications. Next came Accompany, an AI-driven relationship intelligence platform, for finding new prospects, navigating the selling process, and strengthening relationships.
Cisco customers are looking for intent-based networks that provide meaningful business value through automation, security, and analytics. Cisco’s vision is to deliver highly secure, software-defined, automated, and intelligent platforms for customers. Strategic priorities include accelerating the pace of innovation, increasing the value of the network, and transforming its business model.
In fiscal 2018, Cisco continued to invest in cloud security. These investments include introducing the Stealthwatch Cloud, behavioural threat detection for IaaS (infrastructure as a service) and PaaS (platform as a service) environments, extending the Umbrella Platform capabilities, and providing new functions such as shadow IT discovery in CloudLock, our CASB (Cloud Access Security Broker) solution.
Cisco significantly extended the endpoint security portfolio (Advanced Malware Protection for Endpoints) with new exploit prevention capabilities for fileless malware. It is focused on delivering an integrated architecture across the security products, highlighted by the introduction of Cisco Visibility, a unified threat management platform across many of our products.
Cisco’s other products category consists of Service Provider Video Software, and Solutions and cloud and system management products. Cisco announced a definitive agreement to sell the Service Provider Video Software and Solutions business in the fourth quarter of fiscal 2018.
Over fiscal 2018, Cisco made progress in shifting more of its business to software and subscriptions across the core networking portfolio, and in expanding the software offerings. Cisco’s objective is to continue moving to cloud-managed solutions across our entire enterprise networking portfolio.
Cisco continues to expand on its intent-driven infrastructure, which focuses on simplicity, automation, and security, allowing enterprises to manage and govern the interactions of users, devices and applications across IT environments. Cisco also extended SD-Access and Cisco DNA Centre to the IoT environment and Application Centric Infrastructure (ACI) to the public cloud.
—SAMEER GARDE President, India & SAARC