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Cisco’s Top Execs On Plans To Aggressively Grow Subscriptions By 2025

Gina Narcisi

Cisco has been on a mission to become a software company in recent years and the tech giant is now aiming for sales from subscriptions to make up half of its revenue by fiscal 2025. Here‘s what Cisco’s CEO, CFO, and executive leadership team said about its plans to further subscriptions.

Chuck Robbins, Cisco CEO

On Cisco's software and subscription pivot

“This journey that we‘ve been on to continue to increase our subscription software inside our business – when I took over, we had $3.4 billion in subscription software. We exited last year at almost $12 billion. So, the team did an amazing job. Eighty-one percent of our software is now sold as a subscription, as opposed to, I think it was 40 percent back in 2015.”

“I think it‘s [about] sticking with this multi-year technology strategy and continuing to push the business transformation that we’ve been pushing.”

 
Gina Narcisi

Gina Narcisi is a senior editor covering the networking and telecom markets for CRN.com. Prior to joining CRN, she covered the networking, unified communications and cloud space for TechTarget. She can be reached at gnarcisi@thechannelcompany.com.

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