Cisco and legacy telecom companies support AI needs — MarketWatch
Cisco and other old-school industrial technology and telecommunications companies are gaining new importance in meeting the needs of the artificial intelligence sector. MarketWatch reports.
The role of old technologies
Needham analyst Ryan Koontz told the publication that many old-school industrial technology and telecommunications companies are getting a new lease on life by supporting AI needs. The article’s subheading states that these companies were forgotten for 20 years, but have now become important again.
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Fiber-optic networks
Millions of miles of glass fibers, thinner than a human hair, have been laid underground and beneath the ocean’s surface. Data is transmitted through them as pulses of light at speeds exceeding 100,000 miles per second.
At the beginning of the internet’s development, a separate group of companies made money by creating equipment and business models for such systems. A fiber-optic network consists of glass fibers combined into cables through which data is transmitted.
