Cisco Leads CIO Networking Survey as Spending Intentions Cool

Cisco ranked as the leading networking choice in Morgan Stanley’s third-quarter CIO survey, even as net vendor and data-center spending intentions fell from earlier readings. The net measure for vendor outlays came in at +28%, compared with +57% in the prior reading. Planned data-center purchases registered +37%, versus +55%. The figures cover intentions rather than completed orders or realized spending. Several other indicators moved in opposite directions. Campus upgrade intentions increased to +36% from +33%, while Cisco’s retention measure slipped to 63% from 68%. Plans for network-security spending declined to +70% from +85%.

Source: TokenPost