In a clear sign that the network equipment market has rebounded, Cisco CEO John Chambers will draw his regular salary again. In April 2001, he waived his annual $350,000 salary and bonus package until the company’s performance improved — and now it has. On Tuesday afternoon, Cisco posted strong financial results for its fourth quarter […]
NEW YORK — When IT outsourcing goes bad, it’s usually because the company that’s sending out the work abdicates management of the project, Deepak Khandelwal, a consultant with McKinsey & Company, said. ”(The relationship) is something you have to manage,” Khandelwal said during an outsourcing session at CeBIT America trade show. There should be three […]
After years of research and development, network equipment giant Cisco Systems has announced its next-generation high-end router as part of its 20th anniversary celebration. Previously code named HFR for ”Huge Fast Router,” Cisco is calling its Cisco CRS-1 Carrier Routing System (CRS-1) a ”major innovation in global communications and networking.” John Chambers, president and CEO, […]
Cisco and IBM , already moving closer with a spate of development plans, are lining up around a new converged network initiative. The offering helps companies move voice, data and video traffic to a single system, reducing management costs and enabling Voice over Internet Protocol and other applications. “VoIP has been on the cusp of […]
Brisk security, wireless LAN and IP telephony gear sales drove Cisco Systems to a strong third-quarter financial results, the company said Tuesday. “We continue to believe we have uniquely position Cisco as the recovery continues to gain momentum on a global basis,” John Chambers, president and CEO of the San Jose, Calif., network equipment giant, […]
UPDATED: Offshoring: U.S. IT workers reject it, U.S. IT companies embrace it. Now U.S. investors will weigh in on the topic as more tech companies prepare to test the markets for public offerings, including another on-demand software player. PeopleSupport, a Los Angeles firm handling tech support from centers in the Philippines, filed paperwork today for […]
Over the past year, carriers and network equipment makers have stepped-up efforts to stump for switching from traditional phone service to Voice over Internet Protocol offerings. The campaign appears to be working. According to new research from the Yankee Group, 54 percent of enterprises surveyed said they are testing or evaluating VoIP for their business. […]
Cisco Systems announced Wednesday a new initiative to give enterprises a blueprint for advanced data centers, the latest step in its own effort to evolve from selling standalone hardware to offering more sophisticated networking systems. As part of its “Business Ready Data Center” offering, the San Jose, Calif., networking giant has partnered with EDS , […]
Amid an offshoring backlash, Indian software giant Infosys Technologies said it would open a business consulting practice in the United States. Infosys Consulting expects to hire approximately 75 people within the next year and 500 people within the next three years. Stephen Pratt, a Deloitte & Touche veteran, will serve as CEO and work out […]
Broadband provider Comcast is taking a tough new approach to targeting “spam zombies” — those virus-infected, unwitting spam-sending computers among its broadband base. The ISP is telling customers to get virus-scanning and firewall software loaded or risk losing their high-speed connection until the problem of virus infections on their computer is fixed. In recent weeks, […]
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