The internet is different from what it was in the 1990s and the internet industry is facing a new challenge: It’s not going to run itself.
In a conference call with reporters on Wednesday, Cisco Systems Chief Executive Mark Hurd said the internet was changing, but not for the better.
It’s becoming a different business model, he said.
Hurd, speaking at the Cisco Summit in New York, described the internet as the most disruptive force in the world today, and said the world is moving toward a more efficient internet and business model.
That means more users.
That is, more users, Hurd added.
But the internet has evolved a lot in the last 15 years, and that evolution has been uneven.
The internet’s impact on business and innovation is far more pronounced than it was before, and its effects have been uneven, Hudd said.
And so, the future of the internet remains uncertain, said Michael Sussman, senior vice president for research at Cisco, during the conference call.
But that uncertainty has nothing to do with competition, said Sussmann, who was the first CEO to join the company’s board.
Rather, Hutton and Hurd were talking about how they will evolve Cisco’s business model in the coming years.
For example, they talked about the future impact of the cloud on Cisco’s cloud business.
For Cisco, cloud is a critical asset, Hundts said.
It enables a business to move data and processes faster and to move it in ways that are more efficient.
But the cloud is also a huge cost for Cisco.
For example, Cisco’s current cloud-based infrastructure is more than 50 years old.
Its servers are about a third the size they were 30 years ago.
Cisco’s biggest cost, in part, is for maintaining its massive data centers.
Hutton, who joined Cisco in 2006, said Cisco has a plan to modernize the cloud.
Cisco will begin deploying a new type of cloud computing platform called virtualized computing, he explained.
It will be a hybrid of the existing data centers with virtualized cloud infrastructure, which means that there will be two cloud servers for the business, Huttons said.
It will be much cheaper for the company to run these new servers.
And it will enable us to move faster and deploy our business infrastructure more quickly, he added.
The new cloud computing architecture will be deployed on the latest cloud platforms and will provide a more cost-efficient way to run our business.
But there will still be a few old servers around, Hutsons said, which could cause problems for a company with a large business.
Cisco is also looking at ways to streamline the way it operates.
The company is experimenting with how to use the cloud to help it manage its customers better.
And Hutton said Cisco is also moving forward with its business models in areas such as consumer and enterprise.
The Cisco Cloud Platform and Cloud Platform Solutions (CPS) business, he noted, is one example of a Cisco offering that can benefit from the new cloud.
For consumers, Hunsen said Cisco wants to see more of its cloud-driven products in the home, where they will work better.
For enterprises, Hunk will focus on cloud-focused offerings such as virtualization.
The company will also begin exploring ways to expand its cloud offering beyond home servers.
Huttins said he and Hutton plan to talk more about this at the company next year’s annual meeting.
The conference call was a response to a question from a reporter who asked Cisco about whether the company would sell its cloud services to Amazon.com or Microsoft.
Cynthia Johnson, a vice president of cloud services at Cisco Systems, told the reporter that the company had no comment.
CrowdStrike, a cybersecurity firm that works for Cisco, also responded to the question.
In a statement, CrowdStrike said it would not comment on Cisco products.