Cisco's Chambers outlines aggressive plans

"At a conference for Cisco customers here Tuesday, Chief Executive John Chambers said in a keynote speech that the company expects to announce it's designating a new 'advanced technology' about once every three to four months in the coming fiscal year, which begins in August. Cisco's advanced technologies are product areas that it believes have the potential to reach $1 billion in annual sales."

"Some people believe that Cisco's new "application-oriented networking" initiative, or AON, which will move the company beyond its core Internet routing business into messaging middleware, is a good candidate for the advanced technology label. Cisco announced details of AON and named new products associated with the initiative on Tuesday. But Chambers was reluctant to commit the new product category to the expectation of becoming a billion-dollar market in the next three to five years."
[CNET News.com]