Word: networked
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Dates: during 2000-2000
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...history to reach $100 billion, $200 billion and, last month, $300 billion in market capitalization, leaving it the third largest company in the world behind General Electric and Microsoft. Cisco has built dominant market share in a crucial high-technology industry--controlling 50% of the $21 billion business-network market, where it has obliterated once formidable rivals like 3Com, Cabletron and Bay Networks. "We definitely are in the sweet spot," says Chambers of Cisco's prospects. "The whole network business has become a home game for Cisco." Think of it this way: in a wired world where we are just...
...Three years ago, we didn't care if anyone knew who we were," he admits. "The decisions that mattered were made deep inside companies." Today, making its brand as well known as Intel's or Hewlett Packard's is vital to Cisco's mission of building the New World Network...
Even as the company has grown to become the king of the data network, it has remained, in many consumers' minds, a question mark. Ask most people what Microsoft or Intel do, and they'll tell you. But Cisco? "I don't know," says Harriet Sumner, 30, a customer-service manager for a computer-game company, "but I own the stock...
...face a whole new level of well-entrenched competition. The $250 billion-a-year telephone-equipment business is where giants like AT&T's equipment-making spin-off, Lucent, and Canadian counterpart Nortel have built powerful, decades-long relationships with telephone companies and service providers. As voice and data networks converge--and data come to account for more than 90% of network traffic--Cisco has boasted that its networks, which are predominantly data or IP (Internet protocol) networks, will also become the leading voice networks...
...producers and network executives involved in these new shows--Millionaire, Fox's Greed, CBS' Winning Lines, NBC's Twenty One and forthcoming ones including CBS' $64,000 Question, ABC's Mastermind and You Don't Know Jack--admit they were caught short by Regis Philbin's success. But they are making up for it, piling on 6 1/2 hours of prime-time quizzing a week--as much as in the game-show heyday of the '50s. "Honestly, I had not been thinking about game shows before Millionaire," says Darnell. When offered a show by Dick Clark, he liked the idea...