AI infrastructure orders have topped $1 billion year-to-date, exceeding Cisco's full-year target one quarter early. In the last quarter, security revenue surged 54%, driven by product adoption including XDR, Secure Access, and Hypershield. The company is experiencing webscale growth, with cloud provider orders growing 32% year-over-year. Management is positioning Cisco as a key player in sovereign cloud and AI-driven solutions, bolstered by successful adoption and customer interest in security products.
Cisco booked $600M in AI infrastructure orders in Q3 alone, surpassing its $1B FY25 goal a full quarter early. Management is positioning Cisco as a core systems provider for sovereign cloud and webscale AI training clusters.
Security orders jumped high double digits YoY in Q3, including Splunk's largest deal ever. Over 370 new customers adopted Secure Access, XDR, and Hypershield - pointing to early success in bundling AI-native security with networking hardware.
Orders from cloud and service providers grew 32% YoY in Q3, with triple-digit growth from three of the top six providers.
Security revenue surged 54% last quarter, with product adoption spanning XDR, Secure Access, and Hypershield.
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