Cisco India revenue up 50% in its fiscal Q2

Telecom Lead India: Cisco India has reported more than 50 percent growth in its fiscal second quarter ended on January 26.

The Asia Pacific, Japan and China region grew at 3 percent.

Japan grew in the mid-single digits.

Revenue from China declined approximately 4 percent.

Cisco’s global revenue increased 5 percent to $12.1 billion. Income rose 6.2 percent to $2.7 billion during the period.

Its revenue from Europe, Middle East, Africa, and Russia region declined 6 percent. Europe is still a challenging market for Cisco.

Main growth drivers include datacenter, wireless, video and services.

Cisco’s product revenue grew 3 percent.

Its services business is a competitive differentiator for Cisco. In Q2, Cisco grew services revenue 10 percent.

Cisco increased headcount by approximately 1,100 from last quarter with around 500 of the additions being from Meraki, Cloupia, Cariden, and BroadHop and the remainder being strategic hires in engineering as well as services.

Cisco’s ASR 9000 increased 30 percent.

Wireless business revenue grew 27 percent.

SP Wi-Fi revenue has more than doubled.

Security revenue grew 1 percent, driven by high-end farewell growth in data centers.

Data center revenue grew 65 percent.

Cisco’s core business, switching revenues increased 3 percent this quarter with increases in both fixed and modular. Cisco continues to see strength in our Nexus data center switching, growing more than 20 percent.

In Q2, total revenue for next generation networking, the routing segment declined 6 percent, driven by the timing of some large deals and challenging environment in a few key geographies such as Europe and China.

Collaboration revenue declined 11 percent. Conferencing grew 11 percent with WebEx billable users growing 40 percent to 8.5 million valuable users.

SP Video revenue was up 20 percent year-over-year.

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