The CEO and president of the company, John Chambers, had been of the view the key to the success of the enterprise as well as for the economic productivity is on the ability of its people that how well they can communicate with each other and also on easily sharing the information they carry. On that event Cisco had come up with many new tools for this purpose which would be out shortly.

At the Cisco collaboration summit, Chambers was telling his partners, media and to the analysts that they were not having any announcement of technology or of the product, but an architectural one which would allow a change in business or the government strategy at a speedy rate.

He totally knew the importance of the new introductions made by the company, which according to him are good for the recovery of the whole economy of the world. The new products of Cisco systems will prove to be useful and helpful for the world economy too.