Cisco Unveils New Mobile Data Security Solution

CEO Chuck Robbins has made some bold moves in transforming Cisco (NASDAQ: CSCO) from a provider focused on enterprise switches and routers to fast-growing markets including the cloud, Internet of Things (IoT), and data security. Data security sales have been particularly strong and Cisco’s latest offering — “Security Architecture for Mobile Service Providers” — announced at the Mobile World Congress (MWC) in Barcelona, Spain should keep the positive momentum rolling along.

Cisco Ups Its Data Security Game WIth New Firewall

Following the Feb. 15 announcement of what was generally considered a so-so second-quarter fiscal 2017, Cisco (NASDAQ: CSCO) stock  has climbed 4%. That might surprise some investors, but it appears the market has opted to focus on what Cisco is doing right as it transitions from a reliance on legacy hardware to a focus on up-and-coming markets including software and cybersecurity.