Cisco adds subscription services to its core networking business
By Salvador RodriguezSAN FRANCISCO (Reuters) - Cisco Systems Inc'score networking business on Tuesday took its first step into the market of subscription services, announcing a suite of new security and automation tools for big businesses.This new "intuitive network" represents a major change in how Cisco generates revenue from its flagship business.Moving forward, Cisco hopes its clients will subscribe to the new networking services, creating a recurring stream of monthly revenue.
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