Analyst Commentary

Professional services around cloud and security support Cisco Services’ ability to enable multi-cloud environments for clients

Cisco Services’ P&L reflects the company’s transition into pursuing ‘as a Service’ opportunities

Cisco’s (NasdaqGS: CSCO) corporate revenue increased 2.7% year-to-year to $11.9 billion in 4Q17, and Cisco Services’ revenue grew 2.9% year-to-year to $3.2 billion. Cisco Services’ revenue was driven by inorganic contributions from AppDynamics and Broadsoft combined with increased demand for software and solutions support associated with expanding adoption of its intent-based networking capabilities. While the acquisitio...

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