Good morning, everybody and welcome to Barclays' 22nd Annual Global Technology Conference. It's a real pleasure to be here with you all this morning and it is my distinct privilege to be interviewing Chuck Robbins, the Chairman and CEO of Cisco. Chuck, welcome. It's great that you're with us.

Thank you very much. And I know you all know Chuck and are probably very familiar with his resume, but I might just spend a moment just to run through because there's some points in the resume that are going to sort of be relevant to the conversation.

So Chuck was born in Grayson, Georgia. He went -- he achieved a bachelor of mathematics at the University of North Carolina at Chapel Hill. He started his career as an application developer at the North Carolina National Bank, which is now a part of what is Bank of America. He did a number of roles, Wellfleet Communications, Ascend Communications before he joined Cisco in 1997.

He then did a number of very senior roles inside of Cisco, which culminated in 2015 when Cisco announced that the CEO and Chairman, John Chambers, would be stepping down and that Chuck would be his successor. Chuck was then elected to Chairman of the Board in 2017 and has really been sort of understood to be transformative in terms of the software, the services, cyber and innovative technologies.

He wears a number of different hats outside of his being the CEO of Cisco. He's also the Chairman of the Business