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Ericsson, Cisco to Target Corporate, Public Sector Clients in 2017
Dec. 23, 2016 08:41AM PST
Emerging Technology Investing
Cisco Systems (NASDAQ:CSCO) may expand its partnership with global telecoms equipment gear maker Ericsson, who plan to serve new corporate clients and the public sector in 2017, Ericsson’s North American chief told Reuters in an interview. Rima Qureshi says Ericsson and Cisco remain on track to achieve an extra $1 billion each in revenues by 2018 through …
Cisco Systems (NASDAQ:CSCO) may expand its partnership with global telecoms equipment gear maker Ericsson, who plan to serve new corporate clients and the public sector in 2017, Ericsson’s North American chief told Reuters in an interview. Rima Qureshi says Ericsson and Cisco remain on track to achieve an extra $1 billion each in revenues by 2018 through a partnership which was announced late in 2015.
As quoted in the press release:
Qureshi says Ericsson’s Cisco partnership, which generated over 60 deals in the first year, has been mainly focused on telecom operators. Next year, the firms plan to target enterprises and public sector as well.
“The two of us together definitely are looking much closer into how we can work on the enterprise (segment),” said Qureshi.