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Year-over-year, overall product orders declined 20% with the Americas down 19%, EMEA down 13% and APJC down 38%. In our customer markets, service provider and cloud was down 38%, enterprise was down 26% and public sector was up slightly at 2%.
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2024 Q1
16 Nov 23
With our 3 new offers around XDR, Cisco Secure Access and multi-cloud defense, we already have over $500 million in the pipeline across over 1,000 customers.
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2024 Q1
16 Nov 23
the primary issue with demand is that customers are taking time to onboard and deploy heightened product deliveries
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2024 Q1
16 Nov 23
According to the 650 Group, the AI switching market is forecasted to exceed $10 billion in 2027.
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2024 Q1
16 Nov 23
over $1 billion in orders for AI infrastructure from major cloud providers in fiscal year '25
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2024 Q1
16 Nov 23
In web scale, we see continued momentum in A
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2024 Q1
16 Nov 23
we continued to gain market share with the release of the calendar Q2 results, recording another quarter of year-over-year gains in 3 of our largest networking markets: campus switching, wireless LAN and SP routing
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2024 Q1
16 Nov 23
The combination of Cisco and Splunk will create an end-to-end data platform to enhance our customers' digital resiliency with our complementary capabilities in AI, security and observability.
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2024 Q1
16 Nov 23
We expect product order growth rates to increase in the second half of the fiscal year.
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2024 Q1
16 Nov 23
estimate there is an additional 1 to 2 quarters' worth of shipped orders in customers' hands still waiting to be deployed
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2024 Q1
16 Nov 23
We saw it mostly with our larger enterprise, service provider and cloud customers, and it was most pronounced in October
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2024 Q1
16 Nov 23
we believe this implementation phase is the primary reason for the slowdown in new orders
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2024 Q1
16 Nov 23
After 3 quarters of exceptionally strong product delivery, our customers are now focused on installing and implementing these unprecedented levels of products. The bottleneck that we previously saw in the supply chain has now shifted downstream to implementation by our customers and partners.
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2024 Q1
16 Nov 23
Our order lead times and backlog have largely returned to normal levels.
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2024 Q1
16 Nov 23
we are reporting customer markets in the following 3 categories: enterprise, public sector and service provider and cloud
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2024 Q1
16 Nov 23
We will be making significant investments in security
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2023 Q1
18 Nov 22
we're beginning to see some signs of easing in freight and logistics costs as well, but we'll have to see that.
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2023 Q1
18 Nov 22
I think you're calling out the right thing that the normalization of the orders is going to probably occur over the next few quarters.
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2023 Q1
18 Nov 22
e project today that we will end the fiscal year with two times to three times our historic year-end normal backlog. That normal backlog is typically $4 billion to $5 billion.
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2023 Q1
18 Nov 22
nterprise and commercial on a global basis were both within the normal sequential range. Public sector was slightly out of range and service providers, is just lumpy.
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2023 Q1
18 Nov 22