logo
Cisco forecasts higher-than-expected quarterly revenue on increased demand

Cisco forecasts higher-than-expected quarterly revenue on increased demand

The Star2 days ago
FILE PHOTO: A logo of CISCO sits outside the company's house on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. REUTERS/Yves Herman/File photo
(Reuters) -Cisco Systems forecast first-quarter revenue above Wall Street estimates on Wednesday, as the artificial intelligence boom boosted demand for its networking equipment from cloud customers.
Enterprises such as Cisco have been benefiting as more businesses move workloads to cloud environments and modernize campus footprints to prepare for AI technologies.
"The AI infrastructure orders we received from webscale customers in fiscal 2025 were more than double our original target, indicating a massive opportunity ahead as we lead the required architectural shift and build the critical infrastructure needed for the AI era," CEO Chuck Robbins said.
The company expects its revenue to be between $14.65 billion and $14.85 billion during the first quarter, compared with analysts' average estimate of $14.62 billion, according to data compiled by LSEG.
Its revenue for the fourth quarter ended July 26 came in at $14.67 billion, compared with estimates of $14.62 billion.
(Reporting by Juby Babu in Mexico City; Editing by Shreya Biswas)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Johor leads data centre investment, projects worth RM164bil approved for Q2
Johor leads data centre investment, projects worth RM164bil approved for Q2

Free Malaysia Today

time3 hours ago

  • Free Malaysia Today

Johor leads data centre investment, projects worth RM164bil approved for Q2

Johor menteri besar Onn Hafiz Ghazi said the state is targeting to house 6% of Malaysia's data centre capacity by 2030. (Bernama pic) JOHOR BAHRU : Johor has emerged as the nation's leading data centre investment hub with 42 projects worth RM164.45 billion approved as of the second quarter of this year. Menteri besar Onn Hafiz Ghazi said these projects are expected to create more than 6,000 quality job opportunities and contribute 78.6% of the country's operational IT capacity. He also said Johor is targeting to house 6% of Malaysia's data centre capacity by 2030. 'In line with this development, the state government aspires to position Johor as a leader in artificial intelligence (AI) and the nation's digital economy,' he said in a Facebook post. 'This will be achieved through the integration of smart technologies in public services, enhancing the competitiveness of industries, and building an inclusive and sustainable digital ecosystem so that the benefits of technology can be enjoyed by all levels of society.' Onn Hafiz said the combination of large-scale data centre infrastructure, advances in AI technology, and progressive government policies will further position Johor as a potential regional digital innovation hub. He said this will not only drive economic growth, but will also improve the quality of life of Johoreans through high-skilled job opportunities and the development of new industries. He also said he met digital minister Gobind Singh Deo today to discuss the direction of the state's digital development. The meeting served as an important platform to strengthen Johor's role in the data centre industry and to ensure that data centre development is carried out sustainably.

KKFD targets 50% digital forensics lab accreditation in five years
KKFD targets 50% digital forensics lab accreditation in five years

The Sun

time3 hours ago

  • The Sun

KKFD targets 50% digital forensics lab accreditation in five years

KOTA TINGGI: The Digital Forensics Workgroup (KKFD) plans to have 50% of its member agencies' digital forensics laboratories accredited by the Department of Standards Malaysia (DSM) within five years. Currently, only six out of 16 KKFD agencies hold the ISO/IEC 17025:2017 accreditation. Accredited agencies include the Malaysian Anti-Corruption Commission (MACC), Royal Malaysia Police (PDRM), and CyberSecurity Malaysia. KKFD chairman Wan Zulkifli Wan Jusoh stressed that accreditation ensures forensic labs meet international operational and quality standards. 'Obtaining this recognition is challenging—MACC took three years—but we aim for half of KKFD agencies to achieve it in five years,' he said during a press conference after the 2025 KKFD Law Enforcement Agency meeting. The two-day meeting involved 100 members from 16 agencies discussing cybercrime challenges and AI's role in digital investigations. Wan Zulkifli highlighted the meeting as proof of Malaysia's commitment to advancing digital forensics for combating cybercrime. KKFD, established in 2015, serves as a knowledge-sharing platform for digital investigation best practices. Post-meeting, KKFD will conduct lab visits to improve facilities and align operations with global standards. Simulated court courses and prosecutor dialogues will also be held to strengthen forensic teams' legal expertise. CyberSecurity Malaysia will compile approved forensic lab SOPs as official references for member agencies. Minimum SOP guidelines will be developed to standardise new labs and maintain national consistency. - Bernama

Trend Micro Launches Agentic SIEM to Herald New Era of Proactive Security
Trend Micro Launches Agentic SIEM to Herald New Era of Proactive Security

Malay Mail

time5 hours ago

  • Malay Mail

Trend Micro Launches Agentic SIEM to Herald New Era of Proactive Security

AI-based offering will help make alert overload a thing of the past for SecOps teams 900+ data sources supported since launch on August 1 to improve visibility, context and threat detection Three-day onboarding for new log types—with reduction to three hours by 2026—to reduce the risk of the unknown in enterprise environments Trend's proven XDR capabilities, with six native security sensors across endpoint, cloud, email, networks, servers, and identity. Agentic SIEM brings in third-party telemetry to provide a full view of the environment. Up to seven years of archival data retention and two years of analytic retention for enhanced detection, threat hunting, and compliance support. HONG KONG SAR - Media OutReach Newswire - 15 August 2025 - Trend Micro Incorporated TSE: 4704 ), a global cybersecurity leader, today announced new agentic AI technology designed to solve the traditional pain points associated with Security Information and Event Management (SIEM). When combined with Trend's digital twin capabilities it will help to transform security operations by proactively mitigating security risks."As the cybersecurity stack increasingly becomes AI driven, the security data layer must evolve to support data-hungry agentic capabilities, including infusing agentic AI into core SIEM functions. Trend Vision One Agentic SIEM enters the SIEM market at a pivotal time, leveraging Agentic AI from the ground up to drive speed, performance, and a new level of risk-driven, contextual insights to rapidly mitigate cyber threat activity."SIEM technology has been around for decades, but users face longstanding issues including cost, complexity, alert overload, and passive data lakes. In addition, traditional SIEMs rely on manual configuration and static parsers, which can't keep up with the pace or variety of modern data sources. Trend's Agentic SIEM was built from the ground up to address these challenges, leveraging the next generation of AI technology to proactively think, learn, and act. Acting independently, it cuts through alert noise, reducing workloads for overburdened security teams. What used to take weeks of setup is now automated by Agentic AI — it learns, maps, and optimizes data as it using Trend's agentic SIEM will improve their security and efficiency with:"Agentic SIEM is a major stepping stone to our long-term vision for full, AI-driven SecOps. It's a future in which security teams will have more time to work on strategic tasks, safe in the knowledge that our agentic AI has their backs. With this launch, Trend is once again laying down a marker for cybersecurity innovation and global market leadership."Agentic SIEM has the potential to supercharge SIEM across a variety of use cases:Replaces manual log and alert monitoring with autonomous data analysis, anomaly detection and response—reducing time to detect and mitigate extended data retention with the ability to search archival logs—meeting audit and regulatory requirements with manual, time-consuming and error-prone investigations with automated data correlation from multiple sources, to accelerate the process and enhance potential to combine Agentic SIEM with Trend's latest digital twin technology is a revolutionary opportunity for customers. Doing so enables proactive mitigation of security risks impacting these virtual models—surfacing intelligence to enhance resilience, compliance, and competitive advantages. This presents major opportunities in highly sensitive use cases including healthcare, supply chain security, predictive maintenance, and smart building #trendmicro #trendvisionone #visionone #cybersecurity #AgenticSIEM #SIEM #AISecurity #Nvidia The issuer is solely responsible for the content of this announcement. About Trend Micro Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend's platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store