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pww.comCisco Systems, Inc. - Special Call - NasdaqGS:CSCO

NasdaqGS:CSCO

Marty Palka [Executives] 💬

Marty Palka made the following statements during the Cisco Systems, Inc. Special Call on December 4, 2017:

  1. Opening Statement:

    • These webcasts are educational in nature with no new financial information to be disclosed.
    • Mentioned that forward-looking statements would be made, noting that actual results may differ materially from these statements.
    • Referenced the risks and uncertainties found in Cisco's most recent 10-K and 10-Q documents filed with the SEC.

  2. Transition to Kip Compton:

    • Indicated that he was turning the call over to Kip Compton after his brief statement.

Kip Compton [Executives] 💬

Kip Compton provided insights into Cisco's strategy for enabling a multicloud world. Here’s a detailed summary of his comments:

  • Introduction to Multicloud Strategy:

    • Kip began by outlining Cisco's multicloud infrastructure strategy and the recent partnership with Google around hypercloud.
    • He emphasized that embracing a multicloud world is an integral part of Cisco's overall company strategy.

  • Definition of Multicloud:

    • Kip defined multicloud as a scenario where an enterprise uses multiple clouds, at least one of which is a public cloud.
    • He highlighted that the vast majority of enterprises are using multiple public cloud providers, often alongside their own private clouds.

  • Complexity of Multicloud Environments:

    • Kip noted that while cloud was initially seen as simple, the reality of the multicloud world has proven more complicated.
    • Enterprises are realizing that they need to leverage multiple clouds to access the unique innovations offered by each platform.

  • Customer Journey in Multicloud:

    • Kip shared survey results indicating that most enterprises are still early in their cloud journey, with few achieving full optimization.
    • Many customers are at varying stages of their journey, with over half falling into the less mature categories.

  • Multicloud Requirements:

    • Customers require commonality in certain aspects of their multicloud strategies, such as networking, security, analytics, and management.
    • They seek a seamless experience across different cloud environments and interoperability with their on-premises infrastructure.

  • Cisco's Multicloud Portfolio:

    • Kip introduced a simplified framework for Cisco's cloud portfolio, grouped into four categories: Cloud Advisory, Cloud Connect, Cloud Consume, and Cloud Protect.
    • He mentioned that this simplification is intended to make it easier for customers and partners to understand and consume Cisco's offerings.

  • Partnership with Google Cloud:

    • Kip discussed the significant partnership with Google Cloud, aimed at enabling hybrid cloud for customers.
    • The solution focuses on offering a more integrated experience for developers and IT operations, allowing them to develop in the cloud and deploy anywhere.

  • Solution Architecture:

    • Kip explained the architecture, which includes Kubernetes for container orchestration and Istio for hybrid cloud service management.
    • The solution leverages Cisco's private cloud infrastructure, specifically the HyperFlex product, which simplifies deployment for enterprises.

  • Value Proposition:

    • Kip outlined the value for different solution buyers, including developers who appreciate the freedom to access resources across on-prem and cloud environments.
    • IT management values the ability to maintain visibility and control across public cloud environments.

  • Unique Aspects of the Solution:

    • Kip highlighted the solution's ability to enable customers to modernize in place and migrate at their own pace, without needing to lift and shift applications.
    • He also emphasized the breakthrough joint engineering between Cisco and Google and the delivery and support provided by Cisco.

  • Discussion with Jayson Noland:

    • Kip addressed questions about the mix of on-prem versus off-prem workloads, emphasizing that Cisco's multicloud portfolio is relevant to both.
    • He discussed the importance of networking and security in bridging multiple cloud environments and the role of Kubernetes in the solution.
    • Kip also talked about the evolution of Cisco's strategy, including lessons learned from previous initiatives like InterCloud.

Throughout the discussion, Kip provided insights into how Cisco is positioning itself to help customers navigate the complexities of the multicloud world and leverage the benefits of multiple cloud environments.