Thursday, November 06, 2008

An interesting data point

John Chambers of Cisco is forecasting a decline in sales.


Sales will decline as much as 10 percent in the second quarter, which ends in January, Chambers said yesterday on a conference call. In August, he predicted a gain of 8.5 percent from a year earlier.
Business changed course after the credit crunch hit, pushing October orders down 9 percent, Chambers said, adding that his comfort level with the forecast was the lowest since the dot-com bust in 2000. Chambers plans to save $1 billion in
costs over the next three quarters by curbing hiring, business travel and relocations.

When Cisco has to tighten its belt, people notice. Zerowait can help lower operating costs for companies and we look forward to working with many more companies to show them how they can operating costs while maintaining their High Availability Service levels.

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