UBS Sees Potential In Cisco Systems, Inc. (CSCO) As Vendors Get Picky

CISCO will gain from economies of scale as more businesses turn to fewer but larger technological solutions providers and dive into data analytics

UBS believes that Cisco Systems Inc. (NASDAQ: CSCO) the most likely become a preferred customer choice, as it has positioned itself well in the network intelligence, mastery of a complex aspect of IT company, enjoy economies of scale. Analyst Steven Milunovich reiterated a buy in the company with a target price of $ 29.

As companies get demanding and is associated with a handful of large suppliers of technological solutions and network, Cisco is likely to gain to provide the beam CSCO Chief Digital Officer Kevin Brandy, observed in 9 months of accession. Since the company integrates and allows operations across different product platforms, is a trusted provider that connects central data and automation applications, networks and security mapping.

Recently, UBS CIO survey revealed that about 66% of users look to Cisco as their supplier data center. The analyst adds, "Another example is the security, where the level of fragmentation is probably unsustainable. Cisco is perhaps the seller in the best position to consolidate the security market given its large budget, dominant position in the network for visibility threat information, and the market share of the first floor."

Chuck Robbins CEO and senior management is more involved in the decision-making process as Cisco technology shapes today's businesses. Analysis of data faster and more accurate are high in demand as companies use them to term decisions and strategy. Manufacturing, financial services and retail are jumping to embrace this technological change. An example application is the Wi-Fi monitoring and analysis of consumer behavior in shopping malls, which provides crucial information. Cisco provides analysis and incorporates security to provide this Wi-Fi. It is expected that the company will announce more short-term analysis.

The most complex aspect of the infrastructure is perhaps the network. However, Cisco's ability to provide the mapping of data flow in such depth is a feat by the IBM SNA. The network properties CSCO benefited enormously. Mr. Brandy said that the acquisition of Jasper led Cisco to become a top Internet platform objects (IO). He has seen objects as the "real business strategy", where intelligence is generated through the collected data network.

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Cisco Patches Severe Default Password Security Issue in Network Hardware

Cisco has corrected a serious security issue that would give attackers full access to devices via default credentials.The question is located within the switch of the Cisco Nexus 3000 Series switches and the Nexus 3500 platform, a user account with root access to the bash shell is created during installation and the default setting, the static password can not be changed without damaging the functionality of the device.

The vulnerability "critical" may allow attackers to log on devices with root privileges to access, according to a security advisory published Tuesday. Attackers are able to connect to this account by default with static credentials locally or via telnet or SSH.
Once a cyber attacker has accessed the default account, they do not have administrator privileges and can completely compromise the device.

Cisco has released a software update that eliminates the default account and static credentials. Patches are available for Cisco Nexus 3000 Series switches running versions of the NX-OS 6.0 software (2) U6 (1), 6.0 (2) U6 (2) 6.0 (2) U6 (3), 6.0 (2) U6 (4) and 6.0 (2) U6 (5) and Cisco Nexus 3500 Platform switches running NX-OS software version 6.0 (2) A6 (1), 6.0 (2) A6 (2) 6.0 (2) A6 (3), 6.0 (2) A6 (4), 6.0 (2) A6 (5) and 6.0 (2) A 7 (1).

This is not the first time that Disco has patched this kind of security problems. In January, the technology giant fixes a number of vulnerabilities and has blocked access to the password of the access point of the wireless devices can not be modified. Cisco also took the opportunity to reveal a critical flaw in Access Identity Engine Company (ISE) Services.

Earlier this week, Cisco announced the changes to its business model networks, digital network architecture. The model is composed of virtualization, automation, analysis, management and cloud service using open application programming interfaces for enterprise customers.

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Top-level Outputs Are Cisco Pankaj Patel Last To Leave

Pankaj Patel, senior vice president and chief development officer, Cisco has decided to relinquish his role in the second half of this calendar year.

Cisco His departure comes just four months after the release of Chief Technology and Strategy Padmasree Guerrero.

Cisco Patel out the long list of executives multiple outputs after Chuck Robbins was appointed the new CEO of Cisco by the outgoing CEO, John Chambers in May adds. President and COO Gary Moore and President of Sales Development and Rob Lloyd, who considered the best candidates for the role of CEO after Chambers announced his decision to leave most of the management reorganization, both with the launch Cisco, on July 25, 2015, the last day of the exercise of the primary network connection.

Other top-level outputs, first vice president of Cisco Services Edzard Overbeek, director of globalization Wim Elfrink, vice president, Cloud and Managed Services Edison Peres, and Vice President, World Organization membership, Bruce Klein, who left in quick succession last year, except for Overbeek will remain as a strategic advisor to June
rising star

Ironically, Patel, a veteran of Cisco of 19 years and a "rising star" was selected by Robbins to join his new 10-member senior management team in June, before officially taking over as CEO 26 July 2016.

As part of the management team of the application of "next generation" Robbin, Patel was responsible for driving innovation in the network management center and data Cisco architectures, technologies first portfolio of $ 36, 3 billion of the company in an international team of over 26,000 employees.

While Patel's successor has not been named, he will continue working with Robbins on how to accelerate its vision for the next chapter in the Cisco engineering leadership. According to experts from Cisco, Patel replacement will be announced before the summit partners Cisco 2016 begins in San Diego on Feb. 29.

Patel joined Cisco through its acquisition of StrataCom in 1996. He received a Bachelor of Engineering from BITS Pilani and holds a Masters in Electrical and Electronic Engineering from the University of Wisconsin-Madison.

He was previously senior vice president and general manager of Cisco services company..

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