Cisco's VoIP Performance and Opening the Doors for Competitors
Yesterday I made brief mention of Cisco's Q3 status. Today there's plenty of buzz and converstion about those performance numbers. What's telling inside all this is the growth in VoIP market space. That's a focal point for Cisco, but also heralds opportunity for everyone watching the VoIP space.
Cisco Dials Up VoIP
Dan Frommer, 05.10.06,
6:15 PM ETNew York - Investors have soured on Cisco Systems after the company said costs would rise (see: " Cisco's Higher Expense Forecast"). But buried in the company's third-quarter financial results are some numbers that could benefit a wide swath of the telecom sector.
Cisco's (nasdaq: CSCO - news - people ) unit that targets the market for phone calls placed on Internet lines has shot up dramatically, CEO John Chambers said Tuesday afternoon. Chambers said the company's enterprise-communications group, which specializes in the voice-over-Internet Protocol market, saw sales increase by 40% over the last year. While that's good news for Cisco, the unit's results may be even better news for some of its VoIP-focused competitors, which are all vying to gobble up enterprise IP-phone lines--a market the Dell'Oro Group projects will grow from $1.6 billion in 2005 to $4.2 billion in 2010.
Technorati Tags: VoIP, Cisco
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