A quick look at Cisco’s strategy to become a software monster (opens in new tab)

Cisco is in the years-long process of shifting from a hardware-centric business focused on switches and routers toward a broader software and services strategy, aiming to position itself as a central player in cloud, security, and AI-driven networking. but has spent recent years investing heavily in software to build recurring revenue streams, said Jack Gold, president of . In fact in its Q3 earnings call in May, Cisco said that 49% of total quarterly revenue now comes from subscriptions to s...