Monday, January 15th, 2007
Cisco, IT Indutry Profit from Online Video Surge
Odds are someone you know is watching You Tube or Google Video right now. But behind the explosive growth of the online video market are the cisco hardware providers that power these bandwidth intensive networks. As the demand to house and serve videos increases, the $1.3 Billion online video industry is upgrading networks at an unprecidented rate to keep up with network demands. Cisco servers, swicthes, and routers help service providers manage the massive amounts of data and traffic that are transered through their network. Look for Cisco to post 20% revenue growth in the current year. Also, expect the sale of used Cisco hardware to increase in kind. If I was a betting man, I’d add Cisco to my investment portfolio right next to my Google holdings.
PS. Oh, and we buy used Cisco hardware. So if you are upgrading your network, or have nay surplus gear you need to sell, call or send us an email.