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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.

littleadv
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prpeggy
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1 Answers1

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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.

Michael Borgwardt
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