Wireless industry executives, including AT&T's Glenn Lurie and Qualcomm's Bill Davidson, gathered to talk about the opportunities that come from providing more connected devices.
Hooking up every device to a cellular or wireless connection is the "next big thing" that will drive growth in the industry, according to Glenn Lurie, head of emerging devices for AT&T.
Things are about to get a little hotter for Cisco in the enterprise market.
Huawei, the cut-rate Chinese competitor Cisco fears most, is formalizing its entry into the U.S. and global enterprise market. It's establishing a presence in Silicon Valley, and shifting over and recruiting 10,000 people to staff its new group - one of three main Huawei business units along with Devices and Telecom Infrastructure.
"It's so easy to stick to things that made you profitable," says IBM's chief.
IBM CEO Sam Palmisano said technology is filled with a "bone pile of enterprises" that couldn't find a second act. The problem: these companies couldn't break an emotional tie to whatever made it successful in the first place.
"It's so easy to stick to things that made you profitable," said Palmisano. "A core responsibility of leadership is understanding when it's time to change."