From Smart Cities by Anthony M. Townsend:
Finding growth opportunities has become a constant struggle for Cisco, and to make a dent on the bottom line it needs to have billion-dollar payouts.
What does "payouts" mean? Thanks for response.
0
2
I'd say it means revenue generated by a specific product or service. The quote occurs in the context of describing Cisco'S ambitions of becoming "the new plumber of smart cities", which means large-scale public and private infrastructure projects - certainly the kind of thing where you can earn a few billion dollars in aggregate.
answered May 2 '14 at 7:34
