Cisco Got Over the Problem in Security

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Cisco Got Over the Problem in Security Cisco Got Over the Problem in SecurityCisco Got Over the Problem in Security

 

20 September 2010

Cisco has overcome the component supply exertions and long product lead time issues - in security appliances. Infonetics Research announces that Cisco is delivering all security products with standard lead times now.

Such products like the ASA 5500 firewall appliance were delayed in delivery up to four to six months. Some of the lead time issues impelled many of customers to look for alternatives from Cisco's competitors.

Firmness of the component issue helped Cisco to accomplish an 8.3% sequential revenue increase in its network security appliance and software business in the second quarter, according to Infonetics' information. But Cisco trailed Juniper and Check Point in Q2, which saw revenue grow sequentially 11.9% and 9%, respectively.

The market overall is up 7% from Q1 and 21% from last year, to $1.4 billion, Infonetics reports. The firm expects it to increase up to $7 billion in 2014, a CAGR of about 5%.

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