Cisco to invest $100 Million in Small-Business Productivity

Cisco today announced a $100 million global strategic initiative focused on small business networking and communications solutions for companies with fewer than 100 employees.

Cisco aims to help small businesses gain greater agility and efficiency in working with customers who are increasingly expecting to do business on the move, on the Internet and via video.

A new Cisco Small Business Technology Group (SBTG) will develop technologies focused on six areas consistently highlighted as top priorities by small businesses for enabling business growth: connectivity, security, remote access, productivity, customer interaction and customer support.

The SBTG is part of a companywide initiative composed of sales, marketing, services and technology groups that will focus solely on the small-business segment.