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F5 Networks CEO John McAdam on how the company uses cloud computing to help other businesses better manage their Internet traffic.
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Recent article in Forbes magazine warned that the overall net -- pie could be shrinking for companies like F.
5 Networks names like juniper.
Acme Packet but could F.
5 Networks -- from the crowd and fare better than its competitors because of its access to the so called cloud.
Let's break server -- the high jump out of -- F.
5 Networks CEO and president joining us in a Fox Business exclusive.
A lot of our viewers invest in technology they're listening right now.
They may not -- your company but they want to know what is your experience right now with big corporations and customers of yours and their -- spending.
Are they opening the wallet or closing.
There opening the -- that that move cautiously.
We -- a pretty good quote the last quarter 21% growth.
But we did see and we see the -- that we've seen some cautious.
It is in terms -- spending so may be in terms of that's that's it -- it was a one million dollar crude get you spend 500000 dollars and leave the rest of that the money for later on in the new year so a little bit of caution -- still pretty good.
-- well let's talk about exactly what you're doing -- and you have incredible partnerships you have fifty of the fortune fifty.
You got all of those guys you've got the top five airlines and you help them specifically do what -- of.
If you're a -- go on in Europe -- an ailing ticket.
We executing that they tell what monies in the Internet traffic if you do the same with an ATM.
But monetizing that traffic securing it so doing -- leading Internet traffic.
Internet traffic has gotten so brisk and so crowded.
Is that less crowded in the clock.
It is that the -- is really at the beginning this beginning stages of mean.
If you talk to fortune 500 companies everybody's looking at the close to looking at the -- is being a pop of that occupation.
Some I'm looking at using public clothes.
Some of being a hybrid basis but it's really in the very -- days of of an augmentation but.
And because of that though is the barrier to entry just a little bit easier and so so many people are piling in and may be taking business away from view -- knowing devil's -- That he hadn't yet not really if that main strength as a company in terms of that what's happening in technology is twin we sit within the data center.
We basically have real estate with in the data center -- could we conceal the traffic we can see the application health.
And we can we can basically control that data center you have to have not real -- to do well in the -- because the Clinton effectively an extension of.
Well you have.
You're listening to the V interview with -- -- about the currency pairings -- -- -- all my gosh I cannot believe that the CEO of McDonald's has to deal with 400 currency pairings.
But you manufacture a lot in China the Flextronics plant.
That doesn't affect you.
Not significantly until we if you look at gross margins which is preceded the effect has been -- we've had very very strong gross margin -- -- -- -- level.
For actually for several years and no change at the last quarter and we still mainly in US dollars globally so we don't tend to be affected much.
He was a business guy investor based in Seattle are you hiring.
That do you feel -- was -- negative -- sometimes maybe the media portrays the business world right now -- do you think we have -- right.
Wouldn't comment that doesn't it uses some media -- -- -- so -- definitely hurt about yeah definitely have a right you could expect to get a we -- hiding it.
We had a pretty aggressively received this quarter we have we expect to add another hundred -- five net employees of the company.
-- which is pretty aggressive.
What was it like to catch the shark in jaws.
Because if you can twenty but but that's.
OK you hit on exactly -- -- yeah thank you very much thank you great to have you will see you next time thanks a little.
Don't think -- -- F.
5 Networks CEO president come on you know you're thinking.
