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Cisco's Chambers Sees Increased Sales In VoIP, Storage: Page 2 of 3

"When we move into a new marketplace, we try to be realistic," he explained. "Storage is an important [market], but my feeling is that if we hit half of the six advanced technologies, we'll be in good shape."

Wednesday's speeches at the Santa Clara Convention Center weren't all about the future. Following the Chambers keynote, Mike Volpi, senior vice president and general manager of Cisco's routing technology group, focused on the present by announcing a spate of new offerings in the company's traditionally strong router space.

In particular, Volpi announced upgrades to Cisco's 7600 and 12000 series core and edge routing products. The enhancements are aimed at helping large service providers streamline their IP networks and deliver new Internet Protocol services.

"Our customers have changed their priorities to creating revenue and increasing efficiencies," Volpi said. "The key is to create a seamless network system with a high level of intelligence so nobody worries how they get to where they're going."

These new products, which will compete most directly with offerings from Juniper Networks, will be available next month.