
<p>Cisco's CEO John Chambers reaffirmed his vows to grow the company's revenues at a 5 to 7 percent annual clip, but in a surprising new way.</p><p>He wants to lean on Cisco's software and services businesses for that growth.</p><p>These are not two areas that Cisco is known for.</p><p>Cisco's revenue was $46.1 billion in 2012 and it still makes half of its money from routers and switches, the hardware that runs corporate and telecom networks.</p><p><a href="http://www.businessinsider.com/cisco-growth-strategy-next-ibm-2012-12">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.nasdaq.com/article/2nd-update-cisco-ceo-sees-tech-services-driving-steady-growth-20121207-00712">Cisco CEO Sees Tech Services Driving Steady Growth</a> (NASDAQ)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dwz6b1vLmUaz7IMVptVBTqBIkwb0M&ned=us">218 additional articles.</a></p>