Cisco, a highly customer centric company has announced its recent partnership with $2.5 billion financing in order to extent its support to the customers in this covid-19 pandemic. This facility will make solutions easily accessible to the organizations, thus help in keeping their employees safe and support their communities during the stage of international emergency.
Acknowledging that their customers and partners are facing a lot of stress and undeniable pressure to keep their business secure and running, Chuck Robbins, Chairman and CEO of Cisco has stated, “Whether it’s technology, financing or helping those most in need, Cisco is committed to working together to fight this pandemic on every front.” With Cash Flow being one of the top concerns for Cisco Customers, Cisco Capital offers a new Business Resiliency Program. Under this program, all Cisco Solutions including software, hardware and services would be eligible for an up-front 90-day payment holiday which allows customer to adjourn 95 percent cost of a new product solution until 2021.
Customers have to make a monthly payment depending upon total financed amount, starting from January 2021. Cisco’s commitment towards its customers is evident from the fact that this program also lends its support to Cisco’s 60,000 partner ecosystem. This Business Resiliency program makes the success of its customers a priority by helping them in accelerating sales without any change to their own financial situation.
Cisco Refresh presents itself as a boon to the partners and customers as it offers a plethora of products, discounts and promotions to help with the budget limitations. This valuable offering by Cisco during the time of Covid-19 proves its ultimate commitment towards customer support and satisfaction. This initiative taken by Cisco will not only mitigate productivity of a business but also protect the business with cash preservation and minimize cash outlay.
Headquartered in San Jose, California, Cisco has been one of the worldwide technology leaders. Founded in 1984 by Leonard Bosack and Sandy Lerner, their services include manufacturing and selling telecommunications equipment, networking software and many more complex offerings and products. Their motto is to capture tomorrow’s digital opportunity today with the help of innovative technologies and industry-leading solutions. In 1986, Cisco shipped its first product and now is a worldwide phenomenon with more than 35,000 employees in over 115 countries. One can easily say that Cisco made the internet what it is today, as 85 percent of internet traffic journeys through Cisco Systems.
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