Motley Fool Money About That Guidance
Nov 16, 2023
Tim Beyers, a Motley Fool Analyst with a knack for tech and retail insights, dives into pivotal changes within Cisco as it embraces software and subscription models amidst a shifting market. He explores how AI can enhance meeting efficiency and discusses Walmart's competitive strengths against rivals like Amazon. Additionally, Ricky Mulvey interviews Vikas Mehta from ACV Auctions about the digital transformation in the used car market, tackling the inefficiencies of traditional sales and how technology fosters greater transparency.
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Episode notes
Cisco's Cyclicality
- Cisco's order slowdown reflects customers digesting prior purchases, a typical cycle for hardware businesses.
- Their key is transitioning to a subscription model for smoother revenue.
Evaluate Tech Partnerships
- Tech partnerships are meaningless until salespeople are assigned to sell joint products.
- Focus on execution and incremental improvements.
Cisco's Past Failures
- Deidre Woollard recalls Cisco's failed attempt at a meeting television, similar to Facebook Portal.
- She emphasizes Cisco's strength in networking and hardware, but acknowledges its shrinking relevance.