Enterprise Annual Revenue Growth: $17 billion
The San Jose, Calif.-based networking kingpin grew annual enterprise sales by $17 billion from 2009 to 2019 thanks to solid growth across switches and network security as well as collaboration services. Cisco has been the consistent worldwide leader in enterprise networking sales for the past decade.
“Cisco’s growth has slowed down over the last few years, but over the decade as a whole, it has seen strong growth across much of networking – switches, WLAN, network security – plus collaboration, servers and services,” said Dinsdale.
Cisco has shifted its focus in recent years to providing more software and services, while also doubling down on innovative technologies such as software-defined WAN. Cisco’s innovation charge to drive sales over the next decade came last month with the introduction of a new networking silicon architecture dubbed Cisco Silicon One and a new high-performance router platform. The company is referring Cisco Silicon One as the “Internet for the Future” as future applications are going to reach beyond what current infrastructure can support.