Cisco Ups Its Data Security Game WIth New Firewall

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Cisco Ups Its Data Security Game WIth New Firewall
Cisco has recently unveiled its latest data security solution — the Firepower 2100 series firewall, which it
describes as “a fully integrated, threat-focused next-generation firewall built for the midsize business.”
The next-generation firewall (NGFW) is “threat-centric,” which Cisco described as meaning it’s focused on “deeply inspecting the traffic
that does come through the firewall,” rather than simply making the firewall incrementally better.
However, thanks in part to a 14% jump in data security revenue to $528 million
and a 4% year-over-year improvement in collaboration software revenues to $1.06 billion, Cisco’s total sales of $11.58 billion were just 2% less than a year ago.
Though Cisco’s transformation to a software-centric business model is clearly working, it is data security
that could propel its stock in the months and years ahead.
And Cisco’s security product line-up, which now includes its new Firepower 2100, is poised to lead the data security wars.
10 stocks we like better than Cisco SystemsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
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.

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