ORLANDO, Fla. - Cisco Systems, Inc. (NASDAQ: NASDAQ:CSCO) has introduced the latest additions to its line of office collaboration tools aimed at enhancing hybrid work environments. The announcement was made at the Enterprise Connect conference today, where the tech giant revealed the Cisco Board Pro G2 and Cisco Desk Phone 9800 Series.
The Cisco Board Pro G2 is an all-in-one, AI-powered collaboration board designed for a variety of workspaces, such as huddle spaces and meeting rooms. It features a 96-megapixel dual-lens camera system, AI virtual zoom, and multi-stream layouts in Webex Meetings.
The device is also equipped with an NVIDIA (NASDAQ:NVDA) chipset and computing engine for improved video quality and performance. It supports Cisco Rooms and Microsoft (NASDAQ:MSFT) Teams Rooms, offering organizations flexibility in their platform experience.
The Cisco Desk Phone 9800 Series caters to the modern office layout with shared desk spaces, providing personalized productivity features. It allows employees to reserve desks, view contacts, call history, and join meetings with a button touch.
The phones come with enterprise-grade security, including Trusted Platform Module 2.0 hardware for secure encryption. The 9800 Series boasts a design based on over 20 years of experience, with the promise of simplified management and sustainability, including more than 74% post-consumer recycled plastics and EnergyStar certification for some models.
Both the Board Pro G2 and the 9800 Series integrate with Cisco Spaces and Control Hub, offering simplified IT management and insights for workplace technology investment decisions. The products are part of Cisco's broader portfolio, which aims to deliver modernized experiences across the office, enhancing collaboration for the hybrid workforce.
These innovations come in response to the finding that over 50% of employers and employees believe current office technology is insufficient for large-scale collaboration. Cisco's Executive Vice President and General Manager, Jeetu Patel, emphasized that the new devices are designed to change what's possible for hybrid workers by delivering tangible outcomes that matter.
This news article is based on a press release statement from Cisco Systems, Inc.
InvestingPro Insights
As Cisco Systems, Inc. (NASDAQ: CSCO) continues to innovate with new office collaboration tools, the company's financial health and market performance remain key factors for investors. Based on the latest data from InvestingPro, Cisco holds a solid market capitalization of $200.03 billion, underlining its substantial presence in the tech industry. The P/E ratio, a measure of a company's current share price relative to its per-share earnings, stands at 14.95, indicating that the stock could be trading at a reasonable valuation, especially when considering its near-term earnings growth potential. Additionally, the company's PEG ratio, which accounts for growth, is 0.73, suggesting that Cisco's stock might be undervalued based on its earnings growth outlook.
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