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Cisco's Next Frontier

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    Cisco CEO John Chambers on becoming the top IT company in the world.

  • Duration 5:05
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-- just one of the many influential leaders over there in Davos at the World Economic Forum and -- is live with this.

-- now with well another one of those leaders -- Willis.

Yes and you know I think could take -- -- -- what Jamie Dimon meant by a good policy.

Was in essence the grand -- -- of sorts that would put an end to all of the questions about the spending and the taxation.

So that businesses can go forward but you know what those questions are always going to be there -- and guess what.

JPMorgan just came out with great earnings last week and and in essence what you see there is well.

They couldn't do business in any kind of atmosphere so -- what does much complaining by Jamie Dimon this time around about all the regulation.

And in fact you know if you want to talk about super optimistic CEO's it's John chambers of Cisco you know.

They they -- all of these big events in fact they -- the entire -- why the entire London Olympics where I last spoke with him.

And -- brought that up person -- talked about how that's one American company that its least maintaining that leadership.

With American ingenuity here's what John -- says about his next right here at its.

Well we're very fortunate we had a great partner and British Telecom.

Also.

-- great partner with median terms obvious that.

Really points to set me up for this and thank you for it is we do architectural place we bring telephony life -- your life.

We change productivity we accomplish goals of Olympics safety.

Gold some innovation sector where companies trying to be transformational become the top IT company in the world.

You know I -- to -- back to let's say going back two years people were critical Cisco is that the stock's not doing nothing anything in the meantime.

Your stock has been up 25%.

Since just this past November -- what just it.

Well.

I think people got comfortable with the would make the transition we've made five transitions and back when he years -- -- -- And die each time this criticism there's always elements of criticism that -- fair.

But we've emerged out of every challenge we've ever face to the technology economically stronger with -- -- -- -- market cap.

I think what is teaching system using your words of the present time where in the -- with various.

All the things you hear about and technology -- we grew 61% this last quarter mobility -- 38%.

It video we grew 30%.

And we're transforming from -- together to solve the government's needs for example meeting with the top leadership rushing here.

We talked about how we create new industries.

Meeting with the leadership candidate we talked about job increases and how you transform health care meeting with Israel we talk about security and direction.

Meeting with UK we talked about -- this -- mr.

Cameron liberty in his leadership team there transformed the country and innovation.

So we have a chance to become the number we're -- key player we're gonna go forward.

What do you say to a guy like the CEO of Qualcomm Paul -- -- out of this very chair yesterday and said everything's wireless everything Smartphone you don't need any of this wire you don't need cable you know.

Well first.

Never did you call -- Cisco -- that he is right well we we we.

3% of our growth is and where artists and we are the clear leader and where artists at the edge where -- -- It's.

-- -- -- would become the partner of all of his customers whether it's a service matters in -- press the government.

However the market will be -- -- wired world and wireless world I was with DT last night if you watched their stock that stock is up before the maturity of the European -- British Telecom yes and what -- done.

He basically said how we do both.

And how we focus on the customers entertainment value any screened any device except her.

So while will be out -- -- growing faster than wired to see both in your home you'll see both throughout the marketplace.

But they got -- -- start with that.

And you know what we couldn't do our job here on the roof of the Congress Center without Cisco look that's our wireless router so we've never going wireless.

You need the Cisco equipment so we thought that was interesting that way obviously we need Cisco to appear on the roof of the Congress Center where all of the world of business leaders.

I've been congregating and by the way just wanted to let -- -- all of our interviews.

The entire Jamie Dimon interviewed for JPMorgan and everything we've done so far is on foxbusiness.com.

Slash -- us.

And I'm tweeting -- doing all of that other stuff but coming up in the next hour another leader in American business that is Omar is track key is the chairman and CEO.

Of Medtronic.

What's interesting about them is -- the world's largest pure play medical device maker you guys know you've talked about it.

They're gonna be hit with a 2.3 percent medical device -- yes it is costing them money.

They will only make acquisitions if stay tuned for the interview it's in the next hour all that and much more coming up all day long we've got a Coke's CEO at 3 PM eastern.

You wanna hear from -- can't and so much more I'll send it back to you guys in New York it's freezing here by the way -- -- eleven degrees but I hear it's colder than eleven degrees in New York.

It's business -- -- about 11 here this morning and up stick you know it a slightly in negative territory throughout the region -- things -- -- gloves that you say is priceless battle to back to the.

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