Here is Cisco’s New Big Moneymaker
Cisco (NASDAQ:CSCO) saw some impressive sales numbers during its second quarter due largely to the popularity of its Unified Computing System.
For the second quarter of 2012, data center sales increased 88 percent, or $156 million compared with the year prior. Sales growth of the unified computing system was 91 percent, or $153 million. According to some estimates, if the current pace continues, Cisco’s data center sales could top $1 billion in 2012.
The UCS platform was created in 2009, designed to help organizations combine their network, storage, and computing needs into a single system. Since then the company has signed onto deals with tech heavyweights including Microsoft Corporation (NASDAQ:MSFT). Cisco is also helping Sprint (NYSE:S) to launch the company’s first cloud-based service, which will be aimed at larger enterprises.
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