Cisco Ups Forecast, Taps New CFO Amid AI Surge

AI Demand Fuels Cisco’s Growth Outlook

Cisco Systems has lifted its full-year revenue forecast, attributing the upward revision to increasing demand for its AI-powered networking infrastructure. The announcement underscores Cisco’s growing alignment with the surging enterprise interest in artificial intelligence technologies.

Leadership Update: New CFO Appointed

In a strategic leadership move, Cisco appointed company veteran Richard Scott Patterson as its new Chief Financial Officer. Patterson, who has held multiple roles within Cisco over his tenure, will now spearhead financial operations as the company navigates this next phase of AI-enhanced growth.