Jun 1, 2020

Company Spotlight: Who Is Cisco?

Kayleigh Shooter
3 min
We take a closer look at Cisco, an American multinational technology conglomerate, and what the company offers.

Business Overview:

Cisco Systemsis an...

We take a closer look at Cisco, an American multinational technology conglomerate, and what the company offers.

Business Overview:

Cisco Systems is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley. Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Through its numerous acquired subsidiaries, such as OpenDNS, Webex, Jabber and Jasper, Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security and energy management. Cisco is incorporated in California.

Cisco Systems was founded in December 1984 by Leonard Bosack and Sandy Lerner, two Stanford University computer scientists who had been instrumental in connecting computers at Stanford. They pioneered the concept of a local area network (LAN) being used to connect geographically disparate computers over a multiprotocol router system. By the time the company went public in 1990, Cisco had a market capitalization of $224 million. By the end of the dot-com bubble in the year 2000, Cisco had more than $500 billion market capitalization.

Cisco’s services:

  • Advisory: Achieve desired business results with technology guidance and expertise.

  • Implementation: Speed deployments and simplify IT with proven methods.

  • Training: Develop talent truly capable of transforming businesses in the digital age.

  • Optimisation: Improve efficiency, performance, and productivity to boost the value of your resources.

  • Managed: Manage and optimise your IT and network assets in the cloud and on-premises.

  • Technical: Keep IT working consistently, efficiently, and securely.

Improving healthcare through technology:

Jersey Community Hospital has served citizens in the Jerseyville, Illinois, area for over 60 years. Cisco and our partner, Secure Data Technologies, helped them digitally upgrade to a secure, state-of-the-art communications network that helps them deliver personalized care. 

Jersey Hospital had the following results;

  • Improved patient satisfaction by enabling more human interactions during the scheduling process

  • Expanded access to specialty care from other hospitals through telehealth implementation

  • Heightened end-to-end security across all critical platforms 

“This organization, and everyone who works or volunteers here, has allowed me to give back to my hometown. I'm proud to have worked with Secure Data Technologies and Cisco to make it easier for everyone in the county to connect to the healthcare services they need.”

Shane Winters, IT Director, Jersey Community Hospital

Cisco in the news:

Cisco Webex played a key role in bringing golf legends Tiger Woods and Phil Mickelson and NFL greats Tom Brady and Peyton Manning all together for the first time ever last week to celebrate and announce The Match: Champions for Charity. The event, which will be held on May 24, 2020 at Medalist Golf Club in Florida, will pit Woods and Manning against Mickelson and Brady in a two-on-two format that will raise money for COVID-19-related philanthropic organizations.

And in even bigger news, Cisco is playing a key role as an official sponsor of The Match. As you can imagine, pulling this event together in the current climate is no small feat, and we’re thrilled to help keep the players and event organizers connected along the way via Webex Meetings. You may have already seen the official kick-off to The Match, as Webex brought together Tiger, Phil, Tom and Peyton to get things started last week.

Find out more, here.

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Jul 21, 2021

Bukalapak raises $1.5bn in record Singapore IPO, say sources

2 min
Reuters is reporting that the Indonesian ecommerce giant Bukalapak has raised $1.5 billion in its IPO, making it Singapore’s largest issue

Bukalapak, currently the fourth largest Indonesian ecommerce company, is said to have raised $1.5 billion in the first IPO by an Indonesian tech unicorn.

Three unidentified, but likely reliable, sources told Reuters the order books for Bukalapak’s IPO were covered by multiples, with one source claiming the issue attracted more than $6 billion in demand despite being listed at the top of its indicated price range.

Bukalapak's 50x growth

Bukalapak was looking to raise just $300 million just a few months ago. The figure grew to $800 million before rising to $1.5 billion as investors jockeyed for a piece of the company.

Covid-19 has had a positive impact on many ecommerce operators, and Bukalapak also has strong investment lines via Singapore sovereign investor GIC and Microsoft, among others. The company focuses on micro, small and medium-sized enterprises.

Indonesia is Southeast Asia’s biggest economy.

Indonesia’s four biggest ecommerce companies

Tokopedia is an Indonesian technology company specializing in e-commerce. It was founded in 2009 by William Tanuwijaya and Leontinus Alpha Edison.

Shopee was first launched in Singapore in 2015, and later expanded its reach to Malaysia, Thailand, Taiwan, Indonesia, Vietnam, the Philippines, Brazil, Mexico, Chile, and Colombia.

Lazada is a Singaporean multinational technology company which focuses mainly on e-commerce. Founded by Maximilian Bittner with the backing of Rocket Internet in 2012, it is currently owned by the Alibaba Group after its acquisition in 2016.

Bukalapak is an Indonesian e-commerce company. It was founded in 2010 as an online marketplace to enable small and medium enterprises go online and has expanded to support smaller traditional family owned businesses.

Source: Wikipedia

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