2024年年度报告：提供数字弹性

2024 ANNUAL REPORT About Cisco Our Purpose Our Strategy We can do good forthe world and do goodfor business when wecombine our technology,our people, and ourbroader networks. Wepursue our Purpose byclosing the digital divide,empowering the futureof work, fighting forequity and social justice,and helping to build aregenerative planet. Our Differentiation Global reach Trust Innovation Broad customer andpartner reach Purpose-driven,trusted brand Customer outcomesat massive scale ModernizeInfrastructure yData protection andprivacy at foundationyTop-rated supplychainyGoal to reach netzero greenhouse gasemissions acrossvalue chain by 2040 y1M+ customers andpartner ecosystemy99% of world’slargest companiesy82,000+ governmentorganizations yMarket-leading securenetworkingyIntegrated solutionsacross broad portfolioyUnmatched, AI-driveninsightsy400B security eventsobserved per dayy650B observabilitymetrics tracked per day Table of Contents Introduction to summary report This summary provides an overview of Cisco. It doesnot contain all the information you should consider.Please refer to our latest Annual Report on Form 10-K,our Proxy Statement for our 2024 Annual Meeting ofStockholders, and our Purpose Report which are allavailable on our website atwww.cisco.com 2Letter tostockholders Fiscal 2024 highlights Cisco strategy 8Corporategovernance 12Our purpose Forward-Looking Statements This Summary Report and our Annual Report on Form 10-K (“Annual Report”) contain projections and otherforward-looking statements regarding future events or the future financial performance of Cisco, includingfuture operating results. These projections, goals and statements are only predictions. Actual events or resultsmay differ materially from those in the projections, goals or other forward-looking statements. See Cisco’sfiling with the Securities and Exchange Commission, including its most recent Annual Report for a discussion ofimportant risk factors that could cause actual events or results to differ materially from those in the projections,goals or other forward-looking statements. Letter to stockholders To our stockholders, believe we have an unmatched capability to unlock the fullpower of the network and help deliver even greater valueto customers. Gary Steele, former CEO of Splunk and now the President ofCisco leading Go-to-Market, is overseeing the integration toensure a seamless transition for our teams, our customers,and our partners. We’ve made significant progress since webrought the Splunk and Cisco teams together, integratingpowerful new customer solutions and beginning to realizeearly synergies. We also signed our first cross-portfolioagreement that includes Splunk in fiscal 2024, and weexpect this momentum to carry into fiscal 2025 and beyond. Solving our customers’ largest challenges Fiscal 2024 was a momentous year for Cisco. We deliveredsolid results, closed the largest acquisition in our history,introduced industry-defining innovation, and served ourcustomers and partners in new and exciting ways. Aftera challenging start, we ended the year seeing steadycustomer demand and are entering fiscal 2025 withmomentum and optimism. The world around us is constantly changing, and organizationsare adapting to meet the demands of an increasingly complextechnology landscape. Our customers need to modernizetheir infrastructures, improve their cybersecurity postures, andharness the full power of AI and data, all while building agilityand resiliency across their entire digital footprint. Our pace of innovation is increasing, and our portfolio hasnever been more relevant or more tightly aligned to ourcustomers key priorities and objectives. Over the past year,we introduced significant innovation and reinforced ourcommitment to offering a more streamlined and cohesiveexperience for our customers. I am incredibly proud of the Cisco teams for achieving theseresults in a dynamic operating environment. While someheadwinds remain, I am extremely confident in our ability tohelp our customers drive their most critical outcomes, seizethe massive growth opportunities that exist in the market— particularly in Artificial Intelligence (AI) and cybersecurity —and deliver exceptional value for our stockholders. This includes introducing two innovations which we believeare among the most substantial in our history. The firstis Cisco Hypershield, the first truly distributed, AI-nativecybersecurity solution, built into the fabric of the network. Webelieve that Hypershield combines security and networkingin a way only Cisco can, providing better connectivity andprotecting against modern threats at the same time. Solid results We delivered nearly $54 billion in revenue in fiscal 2024,the second strongest performance in our history, and 51%of our total revenues came from subscriptions. These resultsare a testament to the work we’ve done to transform ourbusiness mix, create more visibility and predictability in ourmode