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Cisco CEO On 5G: 'We're Going To See More Traffic Created In 2022 Than We Have Seen To Date'

Cisco CEO Chuck Robbins Friday talked about the ‘unbelievable’ traffic volume boom that 5G will create, while also touching on hot topics such as the security market and Huawei's impact on Cisco.

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Form an organic standpoint, Cisco has great growth. What can you tell us about how enterprise spending looks like right now? 

On our earnings call, we said that during our Q2, which ended on [Jan. 31], we really saw no change in demand from the first day to the last day of the quarter and that’s in light of all the geopolicatal demands. Frankly, the federal business grew double digits even with the shutdown, so we saw broad-based strength around the world.

Everything that you hear says things are getting worse, but what we saw was pretty consistent growth. Now if you think about where our customers are today, they don’t view this technology as some operational enabler of their strategy anymore. The technology is sitting in the middle of their strategy because it's defined by what the technology makes possible. It’s a little different perspective right now compared to 10 years ago.

 
 
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