Have pulled out. 1015 years ago, it was much bigger than that. Ericsson, etc. We are the size of market cap and growth and people were read about us with juniper and others and yet will pulled away from them as well. It isnt that cisco i am talking about is how fast his industry is changing. Out of the big six ip players three of us will not be relevant to our customers. You can say that as the Silicon Valley stuff where you move fast. If you look in this role, only 1 3 of you will be relevant in 20 years. When you look at uber and what they did to the taxi industry and amazon with the challenges of walmart. You will see those types of transformation coming everywhere in the world. The nice thing about cisco, if we lead the transformation, we will be in the center of it. Connecting what would be 500 billion devices. People get excited and they feel threatened about it. By some equipment. Buy some equipment. Some businesses today, our technology businesses. The decisions about what the
If you get a chance, you can watch it all again. I do very much encourage dennis will be leading the interview but this is very much a participatory event. We will have plenty of time for westerns afterword so please be ready for questions after that so please be ready. Thank you all for being here. I will hand it over to dennis. It is a comparable time today in new york. Lets get right to it. You recently predicted that perhaps over the next 10 years some of the Biggest Technology companies will not be around. Tell us about who they are, when they are going to go down. [laughter] go right to it. Talk to us about that. It is a very real observation. If you look at hightech industry, if i were to take a step back my competitors from 15 years ago, not one of them exist s. Such as . Synoptics, cabletron, they have pulled out. 1015 years ago, it was much bigger than that. Ericsson, etc. They should have crushed us and yet we are the size of market cap and growth and people were read about
Security officer, go fix it for me. It has to start with the c. E. O. , to say this is a top priority for us as a company. But it is the thing that will slow our industry and can do billions of dollars of brand damage just like that, if bad question about one or two specific things that you would guys misuse the data. John . John, with the wall street journal. Take us back to india for a second and your enthusiasm about modi. There have been a lot of c. E. O. s that have come back and said this is indias time. Theyve said that with congress in charge. Whats different this time . Sure. So i bet on india bigtime almost 15 years ago as a vehicle for emerging countries and graduating 600,000 engineers a year. Our country only graduates 60,000 in the category im interested in. Its the top 5 of their populous who goes into these schools. Unbelievably good talent. Indias issues have been selfinflicted. And i think if you were to talk to c. E. O. s three years ago, most of them would point out
Were you just go, holy. [laughter] as the rest of the world gets weak and more insular we have to be more engaged because these things will occur. Great question. Is is and it is going to have to be the last one. Governor, we in chicago and the council hugely appreciate your time and the opportunity to take your principles from your remarks and to have a conversation with all of us around those principles. And we are truly pleased and privileged to have the first opportunity to do so. Thank you. [applause] a reminder. If you missed the speech you can see it again later in our Program Schedule and it cspan. Org. Looking ahead to 2016, the hill writes that bush is quoting public and lawmakers republican lawmakers. He has rounded up the firm backing of five members of the florida gop congressional marco rubio is also mulling a president ial run. He only has one clear backer. And 35 minutes, we will take you live to the white house. The summit has been going on all day long. We will pick u