Cisco competes with Juniper, Alcatel-Lucent and Tellabs in the routing and switching businesses.
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And although its current routing and switching market share remains significant, evidence suggests that hardware solutions will fade out.
At the same time, it is bolstering its routing and switching businesses in high growth markets through strategic job hires.
Although it still currently owns over 50% of its core routing and switching market, growth has not come in sufficient quantities.
Cisco has said its proposed participation in the Chinese city's project was to provide routing and switching equipment, not cameras or video-surveillance software.
Last year Morton, 52, obtained his own CCIE certificate in routing and switching, and followed up with his CCIE in network security earlier this year.
The CCIE is the highest of Cisco's three training levels, and Cisco offers six areas of certification, including routing and switching, security and storage networking.
Cisco announced last year that it had decided to scale back its ambitions of diversifying into 30 new businesses and will instead focus on those areas that add value to its core routing and switching businesses.
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We believe Juniper is entering 2013 in a strong position, with good opportunities in routing and switching and a greatly improved Enterprise security portfolio as we continue to deliver on the promise of the high performance network.
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We currently forecast that Cisco will maintain its dominant market share in excess of 70% for the routing and switching businesses, but if it loses 5% share in each of these businesses due to its higher exposure to the public sector, this would translate to around 4%-5% downside to our lowered price estimate.
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They are being carefully planned and managed to maximize efficiencies in our cost structure while preserving the investments in innovation in our core businesses of data center, routing, switching and security.
Brocade Communications Systems shares shot up more than 9% during regular trading and another nearly 3% after hours on reports that IBM will begin selling Brocade's Ethernet switching and routing products.
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