When did we become a tech company that is not led by innovation but entirely by what is deemed acceptable by our accounting department? They are the ones who make all the important decisions here and it's becoming more blatantly obvious day in day out in our results. Nobody is thinking about future profits, just what we can get right here, right now. It's very annoying that people who know nothing about our core business can wield this much power.
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The catalyst switching business was the Crescendo Communications acquisition. New product features and improvements were typically spin-ins.
"We were never a tech company. Cisco acquires products/technology through acquisitions, the core of the company has always been sales & marketing"
Not true - never is wrong word : Remember routing was genesis of Cisco & cisco was genesis of routing. Then Switching (Catalyst) followed by MDS (we did not acquire FC switching company but went head on with other companies that existed). UCS was entirely different kind of server family. Last few things were due to MPL. I am not sure N9k helped cisco significantly. It essentially took business from N7k. But I do not know for sure. So, we were very much tech company till around 2012 or 2015. Things fell apart last few years of JC and continues from there on.
There comes a time when you have to listen to the accountants in order to stay in business.
We were never a tech company. Cisco acquires products/technology through acquisitions, the core of the company has always been sales & marketing.