Strong Q2 results for Cisco

Press release on Cisco's results second Financial Quarter 2012.

John Chambers on the results:

"We delivered strong performance this quarter with record revenue and earnings per share. We are executing well on our three-year plan to drive earnings faster than revenue. Our operational focus continues to yield positive results -- we hit our billion dollar expense reduction a quarter early -- and our ongoing innovation enables our customers to solve their critical business needs. You will continue to see a focused and aggressive Cisco that is helping our customers use intelligent networks to transform their businesses."

I want to pull out the innovation part, for our CMSPEP partners.

• Cisco announced that in just over two years its new Cisco Unified Computing System™ (UCS), which integrates computing, networking, management and virtualization, has captured the attention of data center managers and CIOs alike -- to date, over 10,000 customers worldwide, including 3,000 in Europe, have deployed Cisco UCS.
• Cisco introduced Cisco CloudVerse®, a framework that combines the foundational elements required to enable organizations to build, manage and connect public, private and hybrid clouds.
• Cisco announced that Cisco Videoscape™ will now help enable new "video in the cloud" services that can drive new revenue streams for service providers and exciting new video entertainment experiences for consumers.
• Cisco announced the addition of new solutions and services to its Connected Grid portfolio that will help utilities modernize the electric grid with built-in flexibility, security and interoperability enabled by the power of the network. Cisco's new technology architecture, solutions and related services address key utility concerns around cost, reliability and scalability in their communications infrastructures.
• Cisco announced a series of advancements that can give midsize businesses access to "enterprise-grade" IP phone systems with integrated collaboration capabilities without taxing already constrained IT and financial resources.

Both the financial results and the innovative directions indicate the solid base for the technological foundation of the program CMSPEP.