Cisco Systems owned up to some miscalculations in its video collaboration strategy but showed off some promising future capabilities in a briefing with media this week.

A range of tech vendors including Cisco Systems, Silicon Graphics International, BMC Software and CA Technologies this week reported quarterly earnings that had some solid numbers, but a cautious outlook for the rest of the year is spooking market watchers.

Crediting a strategy that exploits users' move to Cloud computing, Cisco Systems has reported record net sales of $US11.6 billion for the quarter ending April 28, up 6.6 per cent from the year-earlier period.

Cisco announced Thursday that it plans to acquire network analytics company Truviso for an undisclosed amount, in an effort to help users hone operational efficiencies.

Cisco this week unveiled an updated line of Ethernet switches for industrial environments, such as manufacturing floors.

There's nothing like face-to-face meetings for really connecting with clients or team members, but with air travel becoming ever more expensive (and ever less pleasant), frequent in-person meetings are becoming less viable for many businesses. That means your best option is usually a videoconference.