For Cisco, it faces a $200 billion network equipment market. Now his business scope covers almost every part of network construction: the market of network equipment such as routers and switches, which constitute the Internet and data transmission, is now almost controlled by Cisco. Because the network information doubles every four months, it is necessary to update faster network transmission equipment, which means that Cisco's market is still expanding, making Cisco's market the most popular and fastest growing company.
The brand ranked 40th in the top 500 brands in the world compiled by the World Brand Lab in 2006, and 30th in the ranking of 65,438+000 big companies in the world published by Barron's Weekly in 2006.
Describing the rapid development of the Internet is a one-off event. It has been online for thousands of years. As an equipment supplier, we should master high technology and innovate constantly. However, no one can invent all the technologies. Chambers, president of Cisco, believes that the best way to get an invention is to spend money on it. He believes that the ideal way is to acquire a new company that is developing new products, which can launch an excellent new product in the next six to 12 months, and then quickly push it to the market through Cisco's existing distribution channels. 1996, Cisco became the market leader of network switches in this way.
Today, Cisco Systems has become a recognized leading manufacturer of global networking solutions. The solutions provided by Cisco Systems are the foundation for thousands of companies, universities, enterprises and government departments around the world to establish the Internet. The users cover telecommunications, finance, services, retail and other industries, as well as government departments and educational institutions. At the same time, Cisco Systems is also the backbone of the network. At present, nearly 80% of the information traffic on the Internet is transmitted through Cisco products. Cisco has become the undisputed network leader. Cisco Systems currently has more than 35,000 employees worldwide, and its turnover in fiscal year 2004 exceeded $22 billion.
In today's new economic era with network as the core driving force, the informatization construction of governments, organizations and enterprises not only needs leading network technology and equipment, but also needs successful experience and strategy consultation in correctly establishing and fully applying intelligent network environment. Cisco Internet Business Solutions Division (IBSG) actively shares the successful experience of Cisco's application of intelligent networks with users. In Fortune Global 500 companies, more than 280 CEOs and CIOs shared Cisco's experience. Businessweek commented that because Cisco is at the core of the network economy, it is more suitable than any other company to lead and promote the development of global economic enterprises' transformation to the network model.
The origin of Cisco's name
According to the modern English-Chinese comprehensive dictionary, Cisco means Canadian snow fish. But Cisco is not derived from this, but the last five letters of SanFrancisco. It is said that a customer accidentally tore up the paper with the first seven letters of San Francisco printed on it when applying for the establishment of a company, and it was impossible to become Cisco later. The company logo is also associated with San Francisco, isn't it like the Golden Gate Bridge?
Huawei Technologies Co., Ltd. is a private technology company headquartered in Shenzhen, Guangdong, China, which produces and sells telecom equipment. Established on 1988 in Shenzhen, China. Huawei's main business scope is switching, transmission, wireless and data communication telecommunications products, providing network equipment, services and solutions to customers around the world in the telecommunications field. Chairman Zheng Fei, Chairman Sun Yafang.