Saturday, October 5, 2013

Cisco CEO Says App Economy Is ‘The Future’

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<p>NEW YORK -- Ethernet &amp; SDN Expo -- Cisco CEO John Chambers says the "next wave" in IT is coming very soon, promising massive opportunities for the networking companies that can ride it but delivering a "brutal" wipeout for those that can't.</p><p>The ebullient CEO delivered the opening keynote at New York's ever-glamorous Javits Center Wednesday morning. He gave a little glimpse of what will drive Cisco's approach to networking and acquisitions in the coming year to the IT-focused crowd at the co-located Interop and ESDN show.</p><p>"Application infrastructure is going to be the future," Chambers told the packed auditorium. Cisco is expecting 77 billion app downloads in 2014, driven by a massive growth in devices from smartphones to sensors.</p><p>Chambers Hits the Floor</p><p><a href="http://www.lightreading.com/document.asp?doc_id=705918&f_src=lightreading_gnews">Keep reading...</a></p>

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