Cisco Shares Surge to 63rd in Trading Volume as Strategic Partnership with NTT DATA Modernizes AI-Driven Enterprise Networks

Cisco (CSCO) traded higher by 0.07% on August 27, with a trading volume of 0.95 billion, ranking 63rd in market activity. The stock's performance coincided with news of a strategic collaboration between NTT DATA and Cisco to modernize enterprise networks for AI integration. The partnership unveiled an IDC InfoBrief titled "Wired for Intelligence," emphasizing the critical role of advanced networking in supporting AI-driven workloads across industries like manufacturing, healthcare, and finance.

The study highlights that over 78% of companies prioritize networking capabilities when adopting generative AI infrastructure. NTT DATA and Cisco are positioning themselves as leaders in transitioning outdated architectures to intelligent, adaptive systems. Cisco's Brink Sanders noted that modernization goes beyond hardware replacement, enabling enterprises to leverage AI for configuration, anomaly detection, and self-healing operations. NTT DATA’s AI-powered Software Defined Infrastructure (SDI) services for Cisco products aim to optimize costs and enhance business outcomes through automation.

NTT DATA’s comprehensive service suite includes advisory, professional deployment, and managed network solutions. These offerings align with the growing demand for secure, high-performance networks as AI adoption accelerates. The partnership underscores Cisco’s strategic focus on AI-driven innovation, with Dilip Kumar of NTT DATA stating that the network is a catalyst for scaling AI transformation. The IDC report provides actionable steps for organizations to turn networking challenges into competitive advantages.

Separately, a backtest result segment noted unrelated developments: ENGO Eyewear launched AI-enabled smart glasses for athletes, Healthy Extracts expanded its product line online, and Palantir faced a class-action lawsuit. Chesapeake Utilities’ CEO had no reported insider trading activity in five years, while the smart shelves market is projected to grow significantly through 2027. These updates reflect broader market trends but do not directly impact Cisco’s current strategic initiatives.