Recent Articles
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Cisco Sees Revenue Falling as Economic Woes Spread
By Ritsuko Ando NEW YORK (Reuters) – Cisco Systems Inc (CSCO) Chief Executive John Chambers warned that revenue could fall as much as 10 percent in the current quarter as an economic downturn spreads from the United States to Europe and Asia. The company’s shares fell 6 percent after Chambers’s cautious outlook for the impact…
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VC Doerr Offers Downturn Survival Tips for Start-ups
SAN FRANCISCO, Nov 5 (Reuters) – What doesn’t kill you makes you smarter. That was the message from well-known venture capitalist John Doerr, who offered start-up companies tips on surviving the gloomy economy. Speaking at the annual Web 2.0 Summit in San Francisco on Wednesday Doerr gave survival tips to entrepreneurs who may be worried…
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BMC Chief: Time to Redesign, Automate IT
Financial markets continue to slide, forcing enterprises and small businesses alike to cut spending and lay off even mission-critical employees. Although unfortunate, this is looking like a good trend for vendors and resellers specializing in business service management and automation tools. BMC Software, a leader in BSM software and methodologies, reported Oct. 30 that its…
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How the West Was Won: A Look at Improving Channel Performance from the Vendor’s Perspective
As Americans pushed westward toward California in the 1870s, the product channels to support that expansion were rather chaotic and tenuous. Back then, channel partners were as likely to be operating out of a tent or wagon as they were a store or office. Good channel communication was a telegraph from your partner that you…
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Cisco to Invest $100M to Boost Small Business Sales
NEW YORK, Nov 6 (Reuters) – Cisco Systems Inc (CSCO.O: Quote, Profile, Research, Stock Buzz) will invest $100 million to bolster sales to small businesses, even as the U.S. network equipment maker struggles with a weaker global economy. Cisco said on Thursday it sees an opportunity to expand sales of routers, switches, and other equipment…
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Perot Systems Sees Q4 Results Below Street
Nov 4 (Reuters) – Computer services company Perot Systems Corp (PER) posted quarterly profit in line with market estimates, but forecast fourth-quarter results below expectations as its sees a drop of $25 million in revenue due to certain changes in contracts with clients. For the fourth quarter, the company expects earnings of 23 cents to…