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>> Let's talk about research development. Cisco spent $4 and a half billion on R&D last year. That's more than 10 percent of its revenue. How does that trickle down to IT? Does that help your organization's efforts?
>> You know, first of all, innovation is the life's blood of a technology company. And it's important that we continue to innovate. And I believe we innovate in multiple ways, both in our own R&D and through acquisition and through partnerships, as well. And so this is a critical thing for a technology company. And as someone who actually uses the technology and implements the technology, there are some very promising directions around virtualization of the data center and continued use of these collaboration technologies that can really change business models for corporations. And they can even change models for countries that are developing and so on in the future. And so, you know, this is, I think, a critical place for us to continue to innovate; because all of the answers aren't there yet. And what we see is a sort of an increasing speed of people being able to understand that they're going to use technology to move forward and then the technology responding; and then people responding to that and creating new business models. And so I think that's critical for us. I think we're good at it; and we have a lot of fun doing it, as well.
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==== Transcribed by Automatic Sync Technologies ====
