Cisco Bets Security Needs of Connected Devices Will Fuel Growth
- Flood of Web-connected gadgets fuels need to secure networks
- CEO: `We are transitioning from a position of strength'
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Under John Chambers, Cisco Systems Inc. spent years selling investors and customers on the concept of an Internet of Things -- the vast and growing conglomeration of cars, appliances and other gadgets connected and communicating over networks.
Chuck Robbins, who succeeded Chambers at the helm, says the networking-equipment maker’s next big chunk of growth will come from keeping all those devices safe.