Cisco Systems: Falling for Red Hat?Aug 03, 2009, 16:01 (0 Talkback[s])
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"First, consider the situation at Cisco Systems. During Cisco Partner Summit 2009, CEO John Chambers noted that Cisco's own travel budget has fallen from $780 million down to $230 million. As the economy improvess Cisco's travel budget will rise again to a sustained level at $350 million. But it won't grow from there. The reason: Online collaboration and telepresence (high-end video conferencing).
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