We Are the 5th Largest Software Co. Globally Where is all our software? $65.7B Systems SW $3.0B* Premise SW $3.4B* SaaS/Hybrid $1.6B* $29.6B $29.1B $18.5B $8.0B $6.4B $5.6B $4.9B $4.8B Source: Cisco & Gartner 2014