Cisco: IoT platforms and solutions
Cisco offers IoT connectivity management through its acquired platform, Jasper. The company also launched its Cisco Kinetic platform in 2017 to complement its IoT solution and broaden its target audience with added device management and fog computing capabilities.
This company profile provides:
- a company summary
- a financial analysis
- analysis of the company's strategic direction
- product summary
- an overview of significant customers
- analysis of strengths, weaknesses, opportunities and threats.
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Cisco is a global IT and telecoms hardware and software solution provider. The company is well known for its IP networking equipment such as routers and switches. It is also one of the main vendors in the security, data centres and cloud markets. Cisco provides its products and services to enterprises, operators and public sector customers.
The company has 20 800 research and development (R&D) employees as of FY2017, which amounts to about 29% of its total workforce. Cisco’s spend on R&D was equivalent to 12.6% of its total revenue in 2017.
The acquisition of Jasper in 2016 granted Cisco a stronger position in the IoT market, specifically in IoT connectivity management. Jasper complemented Cisco’s IoT network connectivity and cloud capabilities. With Jasper, Cisco supports service providers and enterprises of different sizes throughout their IoT projects.
In July 2017, Cisco launched its Kinetic IoT operation platform, which provides device and data management capabilities and complements its fog computing network solutions. The platform is offered to enterprise customers and runs on both the cloud and Cisco’s fog-enabled routers and gateways.
Figure 1: Cisco company facts