Cisco Announces Business Resiliency Program; Chuck Robbins Quoted

Chuck Robbins
Chuck Robbins

Cisco will offer $2.5B in financing through a new program to provide customers and partners access to technology platforms needed to ensure business continuity amid the COVID-19 pandemic.

The Business Resiliency Program will help clients manage their cash flow during the crisis by allowing them to defer 95 percent of the cost of a new Cisco hardware, software or service until January 2021, the company said Tuesday.

“Cisco’s customers and partners are under enormous pressure to keep their businesses connected while remaining productive and secure,” said Chuck Robbins, chairman and CEO of Cisco. “Whether it’s technology, financing or helping those most in need, Cisco is committed to working together to fight this pandemic on every front.”

The company will implement the program through its venture financing business Cisco Capital, which also offers Cisco Refresh product portfolio to help partners and customers gain access to a wide range of platforms and discounts during the pandemic.

In March, Cisco pledged $225M in cash and in-kind support for global COVID-19 response efforts.

You may also be interested in...

ARC3

Army Taps Charles River Analytics for Trauma Care Algorithm

Charles River Analytics has received almost $1 million in funds from the U.S. Army to develop an agent-based algorithm that could provide teams of robotic and human caregivers with direction and assistance in treating traumatic injuries.

U.S. Army

Army Names Six Companies to Bid for Orders Under $76M Design-Build Contract

The U.S. Army has selected six companies to design, build, sustain, modernize and restore military and civilian facilities under a $76M multiple-award contract. The construction companies will compete for task orders under the firm-fixed-price contract and work to complete duties by Jan. 21, 2026, the Department of Defense said Friday.

CISA

CISA Seeks Market Info on Incident Mgmt Tracking System

The Cybersecurity and Infrastructure Security Agency wants to identify market sources of a system that would help operators track incident management activities.

CISA said Friday in a SAM notice its threat hunting unit needs an incident management work tracking system with an encryption level of at least 140-2 in an effort to enhance the security of information technology enterprise of the federal government.