FILE PHOTO: The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, U.S., May 4, 2015. REUTERS/Jim Young
(Reuters) -Cisco Systems Inc has created a team dedicated to developing its Webex collaboration software for Apple Inc products, the two companies said Tuesday as Cisco rolled out a new version of Webex for iPads.
Once known for its networking hardware, Cisco has set a goal to derive half of its sales from subscriptions https://www.reuters.com/technology/cisco-forecasts-growth-software-shift-chip-prices-pressure-profits-2021-09-15, including for paid software such as Webex, by 2025. It has been revamping the video meeting software with new features as it competes for users with Microsoft Corp's Teams, Zoom Video Communications Inc and Salesforce.com's Slack for users for remote and hybrid workers and had about 600 million monthly meeting participants https://www.reuters.com/article/us-cisco-systems-webex/ciscos-webex-participants-near-600-million-as-pandemic-flares-again-idUSKBN278018 last year.
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