Cisco Executive Scott Slipy
“Can Cisco extend its networking hardware dominance into recurring software and services revenue while using Cisco Capital as a sales-acceleration tool for enterprise customers?”
Founded1984
HQSan Jose, California, United States
Total raisedPublic company (NASDAQ: CSCO)
IndustryInfrastructure / Networking & Technology
The story
Cisco is a publicly traded global technology company primarily known for networking hardware, telecommunications equipment, and software. Its embedded finance activity is limited to Cisco Capital, the company's in-house financing arm that provides flexible payment and lending programs to enterprise technology customers. Cisco Capital is a vendor-financing model, not a third-party embedded finance product.
Product timeline
1984
Cisco Systems founded; develops networking hardware and routing infrastructure.· pivot
1990
Cisco Systems IPO on NASDAQ.· ipo
2020
Cisco Capital launches $2.5B Business Resiliency Program offering deferred payment financing to customers during COVID-19.· lending
2023
Cisco Capital launches Business Acceleration Program allowing customers to defer payments until 2024.· lending
The stack
Lending
Cisco Capital — Total Solutions bundle financingCisco Capital — Hardware lifecycle financingCisco Capital — Software license financingCisco Capital — Multi-year services financingCisco Capital Business Resiliency Program ($2.5B, 2020)Cisco Capital Business Acceleration Program (2023)
Accounting gap: none