Market research firm Infonetics Research has released excerpts from its third quarter 2011 (3Q11) Ethernet Switches and Enterprise Routers market share reports.
"Rejuvenated competition in the Ethernet switching market has taken its toll on Cisco over the past year, but in 3Q11, Cisco turned things around with a blowout quarter, showing that their internal reorganization and more aggressive stance are starting to pay off.
Cisco grew their overall Ethernet switch revenue 18%, and captured 68% of the global market. More importantly, Cisco gained almost 3 points of market share, mostly at the expense of their closest rival, HP, who is facing their own myriad of well-publicized challenges. It's impossible to tell where things go from here, but at least for now, Cisco has changed the momentum," notes Matthias Machowinski, directing analyst for enterprise networks and video at Infonetics Research.