AT&T expects the annual global market for cybersecurity products to reach $40 billion someday, Frank Jules, president of AT&T's global enterprise unit, told the Morgan Stanley TMT conference being held in Barcelona on Wednesday, according to Reuters.
Cisco is the leading supplier in the data center security market, followed by Juniper Networks, Intel's McAfee, Fortinet and Check Point, according to the latest research by Infonetics Research.
The main takeaway from this quarter's financial results is that enterprise communications companies that are run well, regardless of what market segments they compete in, do well financially. Companies that are not run well, on the other hand, do not.
Cisco has been named the market leader in the videoconferencing infrastructure market by Frost & Sullivan because the company has captured the highest market share within the industry.
Cisco has named Rowan Trollope to head its collaboration business, which includes the company's TelePresence, Unified Communications Manager, and WebEx portfolios. He joins Cisco from security firm Symantec, where he headed its cloud-based business unit.
In order to stanch continuing losses, French telecom equipment maker Alcatel-Lucent has undertaken a €1.25 billion restructuring program that includes asset sales and 5,500 job cuts.
On Halloween, Cisco issued warnings about security threats to its data center management and web conferencing products that could enable an attacker to gain control of corporate systems.
With $25 million in new funding, software defined networking specialist Big Switch Networks is itching to take on networking giants Cisco and Juniper Networks.
Orlando, Fla.-- Check Point Software Technologies and Palo Alto Networks are leaders in the network firewall market, with Fortinet, Cisco, Juniper Networks and Intel's McAfee their main challengers, according to Gartner's latest Magic Quadrant for Enterprise Network Firewalls.
California State University's decision to replace its 23-campus network with Alcatel-Lucent will save the university a whopping $100 million over eight years, according to a report by Network World early this week.