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Cisco adds subscription services to its core networking business
By Salvador Rodriguez SAN FRANCISCO (Reuters) - Cisco Systems Inc's core networking business on Tuesday took its first step into the market of subscription services, announcing a suite of new security and automation tools for big businesses. This new "intuitive network" represents a major change in how Cisco generates revenue from its flagship business. Moving forward, Cisco hopes its clients will subscribe to the new networking services, creating a recurring stream of monthly revenue.
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