Interesting times in the communication/collaboration market...
The San Jose, Calif., computer networking company is betting that business users will want the tools it is acquiring to work on, share and store files in a virtual "work room," where they can collaborate on projects and communicate over the Internet.
Cisco believes such tools, dubbed the "collaboration" market, can be a $34 billion industry. Other players in the market are Microsoft Corp. and International Business Machines Corp.
"Make no mistake, we are playing to win in the [collaboration space]," said John Chambers, Cisco's chief executive and chairman during the company's analyst day Tuesday.
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