Cisco's Quarterly Report To Offer Gauge Of Technology Demand

Investors spooked by a sharp sell technology stocks of the company receive a new vision of health technology spending Wednesday as Cisco Systems Inc. barometer published its quarterly results.

The network equipment maker is the largest of several companies reporting this week that benefited from the trend of information technology (IT) transmitted over the Internet, widely known as cloud computing. But Cisco is based largely on demand from China and other developing countries, whose economy was losing momentum.

Shares of companies that sell computer analytical data in the cloud and fell for a second session on Monday after last week Tableau Software Inc. disappointed investors with a forecast of weak earnings.

Analysts for the year were hyping companies cloud computing and "Big Data", which refers to the analysis of increasing amounts of stored data, and investors are increasingly critical assessments of these populations.

Cisco shares remained unchanged on Monday as shares of technology companies from other companies reporting this week fell sharply.

Table with disappointing report poor Profits Monday, provide IT services Cognizant Technology Solutions Corp. stood in contrast to the relatively upbeat reports from Microsoft Corp. and SAP, leaving certain investors about a big spending in health.

Cisco is expected to report a drop of 1.5 percent in revenue for the January-closed, according to Thomson Reuters, but investors fear that the current quarter could be worse.

"If Cisco stands up and says:" We are concerned about macroeconomic conditions in emerging markets Hurt global demand for technology ', which is a big pitcher of cold water on IT companies brand, "said Needham & Company analyst Alex Henderson.

the global IT spending fell 6 percent in 2015 and grow by less than 1 percent this year, according to research firm Gartner.

Other companies in the spotlight this week include Akamai Technologies Inc., whose clients include Audi and MTV Networks. Tuesday night, is expected to increase 6 percent of revenues in the fourth quarter, the lowest quarterly growth since at least 2010.

"We have a market that is a good way to risk aversion and given the increased uncertainty about the name, there is a lot of fear," said Evercore analyst Jonathan Schildkraut, most analysts recommend to buy Akamai shares.

Other computer companies of firms reporting this week are Limelight Networks Inc. and Fidelity National Information Services Inc. Tuesday and cyber security firm FireEye Inc. on Thursday. Its shares fell 4 percent and 9 percent on Monday.