Data center traffic is exploding and networking firms like Cisco, Juniper Networks, F5 Networks and Alcatel-Lucent are expected to benefit, according to Zacks Equity Research.
Networking firm Ciena has seen its stock price soar since it released financial results that beat Wall Street estimates.
Not everyone is following Jim Cramer's recommendation to buy Cisco's stock. In fact,Cisco's CMO, Katherine Blair Christie, just sold over $1 million worth of stock, bringing her total Cisco stock sale to $2.7 million so far this year.
Within three years, three-quarters of companies in the United Kingdom and Ireland think operations in their organization will be structured on the basis of the most efficient use of skills and resources, regardless of location, according to Cisco's TechWatch 2013 report.
Cisco's stock has recently gotten the thumbs-up from CNBC analyst Jim Cramer as well as Motley Fool Senior Technology Analyst Eric Bleeker.
Cisco maintained its dominant position in the Ethernet switch market despite a decline in the fourth quarter, while HP and Huawei gained market share in the quarter, according to the latest stats from IDC.
Cisco controls more than half of the worldwide enterprise wireless local area network market, with Aruba Networks coming in a distant second at slightly more than 10 percent market share, according to the latest stats from research firm IDC.
Cisco increased its lead in the enterprise videoconferencing and telepresence market over Polycom last quarter, according to the latest stats from IDC.
VCE, a cloud venture formed by Cisco and EMC, has teamed with SAP to add the HANA database to its Vblock converged infrastructure platform.
Cisco predicts the "Internet of Everything" will generate $14.4 trillion in value through 2020, creating a significant business opportunity over the next decade.