Cisco has launched a programme allowing organizations to invest in Cisco technology with flexible payment plans, including payment deferrals until 2024.

The Cisco Capital Business Acceleration Programme, offered through Cisco’s Capital wing, allows organizations greater access to Cisco’s range of solutions while minimizing cash outlay. The Cisco Capital Business Acceleration Programme will permit customers who purchase Cisco products or solutions before July 29, 2023, to defer all payments until 2024.

Kristine A. Snow, SVP and President at Cisco Capital, commented:

The Cisco Capital Business Acceleration Program is in response to customer and partner requests to help mitigate financial challenges based on overall market uncertainty and the impact that it is having on their businesses. Our goal is to provide payment options that allow continuous technology investment to maintain productivity and business continuity while minimizing cash outlays.”

Payments deferred until 2024 will be based on the contract terms and how much money customers have invested in Cisco.

All Cisco solutions — including hardware, software, and services — are eligible for the Cisco Capital Business Acceleration Programme. Select partner services and third-party hardware will be included too.

The initiative is part of Cisco Capital’s mission to empower customers and partners to accelerate technology investments while adapting to market uncertainty, enabling them to maintain productivity and business continuity while preserving a healthy cash flow.

“Customer success is our priority,” Snow added. “The new program is designed with this in mind and will help address some of our customers’ most pressing concerns.”

Diversity of Recent Cisco Announcements

It’s been a busy 2023 for Cisco, with various ongoing projects and collaborations.

At its Cisco Amsterdam 2023 event, its announcements ranged from its partnership efforts with US government agencies in setting up devices suitable for secure hybrid work to unveiling the Wireless Cisco Phone 800 series to provide frontline workers with a quality but resilient phone that can handle more “wear and tear”.

More recently, Teams’ interoperability with Cisco Webex was certified in March, with innovations intending for businesses to achieve a “seamless” hybrid work experience.

Earlier this year, Cisco also confirmed it was collaborating with Mercedes-Benz on providing an “optimal office experience” in its E-Class vehicles by bundling the cars with Webex Meetings and Calling and Webex AI audio.

A partnership with CallTower resulted in the pair offering Cisco Webex, Cloud Calling, and UCM in the Cloud for their government customers that required FedRAMP certification.

Last month, Cisco and NTT revealed their partnership to migrate up to two million legacy platform users to new cloud models over the next 36 months. The collaboration will entail leveraging Cisco’s Cloud Migration System and NTT’s managed services to transition a significant proportion of NTT’s customers attached to legacy and on-premises platforms over to Webex’s cloud service.



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