[ Thanks to The
VAR Guy for this link. ]
“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).“Still, Cisco has signed on as a visionary sponsor for Red Hat
Summit. And Mark Fulgham, VP of Cisco’s Data Center Emerging
Technologies Central Marketing Organization, will give a keynote at
the event.”