Financial & Economic Blog

BELGRADE, Serbia, July 3, 2008 - Cisco today announced that Eurobank EFG in Serbia has implemented the Cisco® Service-Oriented Network Architecture (SONA) and Cisco Branch Optimization solution to create a network that serves as the platform for rapid growth. The architectural approach gives Eurobank EFG a foundation for employee collaboration, new services to customers and tight cost control. In 2003 Eurobank EFG Group entered the Serbian market by purchasing Post Bank, a ...

MOSCOW - July 2, 2008 - Cisco today announced that Russia's largest commercial bank, Sberbank has deployed the 17 millionth Cisco® Unified IP device sold worldwide. Sberbank is using Cisco IP Telephony as part of a broader Cisco Unified Communications (UC) and converged voice, video and data network solution to help enable new customer services such as mobile and Internet banking, improve employee collaboration and enhance operational efficiencies. In conjunction with this significant ...

BEIJING, June 24, 2008 - Cisco China announced that the company has signed cooperation agreements with China Mobile Communications Corp. (CMCC) and China Construction Bank (CCB). The agreements were reached in Washington during discussions at the fringes of the Strategic Economic Dialogue between China and the United States. Under the agreement, CMCC, the largest mobile phone provider in the world, will look to purchase data network equipment and services from Cisco and will work ...

NEW YORK and SAN JOSE, Calif. - June 12, 2008 - Deloitte and Cisco today announced a collaborative initiative that combines the intelligence in Cisco's network platform with Deloitte's broad array of business process and technology consulting capabilities. Deloitte and Cisco have entered into a go-to-market agreement focused on developing service offerings that take advantage of the intelligence of the network to enhance business processes. The Deloitte and Cisco collaboration will map ...

SAN JOSE, Calif. - May 19, 2008 - Cisco today announced the latest results of a multi-year market study of the global adoption of managed IT and communication services. The study, performed by Ovum and commissioned by Cisco as part of its on-going commitment to enabling service providers, confirmed that businesses are increasingly looking to managed service providers for managed metro Ethernet, managed Internet Protocol (IP) Virtual Private Networks (VPNs), managed IP voice and managed ...

DALLAS - April 9, 2008 - Credit Solutions, the largest for-profit debt management company in the United States, recently rolled out a new Cisco Unified Contact Center contact center, which help enable the company's telephony system to interface seamlessly with its enterprise research planning (ERP) infrastructure. Credit Solutions engaged with Cisco partners Coleman Technologies, Inc. and AT&T to implement the new system. By deploying Cisco Unified Contact Center Enterprise as ...

SAN JOSE, Calif., March 11, 2008 - Cisco today announced that HomeTrust Mortgage has selected WebEx PCNow to simplify how its employees access what they need from their computers, no matter what their location. PCNow helps enable HomeTrust's employees to get the files and programs they need, wherever they are. It also allows them to invite a guest to view or control their desktop for collaboration or troubleshooting at any time. HomeTrust Mortgage, an Illinois-based mortgage broker, is based ...

December 3, 2007 The executive staff of IBM Texas Employees Federal Credit Union, headquartered in Austin, Texas, committed itself to across-the-board changes to lead the way to the next generation of banking. This major rebranding effort affected its main office and branch locations and involved a transformation in the organization's products, services, and overall appearance. The credit union adopted a new name-Amplify Federal Credit Union- a new slogan-"Bank Less. Live More." ...

The enterprise digital media market, based largely around the power of video, is growing rapidly. In 2006, 31 billion streams of video were served over the Internet in the U.S., according to comScore, Inc., a global Internet information provider, but in the month of May, 2007 alone, 60 billion video streams were served. IDC estimates that the use of enterprise video will grow at a compound annual growth rate (CAGR) of ...

SAN JOSE, Calif., and ARMONK, NY - November 12, 2007 - Cisco® and IBM (NYSE: IBM) today announced joint front office solutions that are poised to transform the retail banking experience by enhancing customer interaction and collaboration across all types of delivery channels, such as branches, contact centers and self-service kiosks. The new modular solutions integrate front and back office systems with collaboration technologies such as Voice over IP (VoIP), streaming video, Web ...