NEW YORK (
(FB - Get Report)
may be basking in the glow of its
, but CEOs and CFOs see plenty of upside elsewhere in Silicon Valley following the biggest ever tech offering.
"From a Silicon Valley standpoint, the success of a company like that in the tech space and the social network space plays very well," Frank Calderoni, the
(CSCO - Get Report)
. "As it pertains to the economy and jobs, that's important."
According to its S-1 filing with the
Securities and Exchange Commission
, Facebook had 3,539 employees at the end of March, up from 2,431 at the end of the same period last year. The Menlo Park, Calif.-based firm has also ramped up spending on infrastructure needed to support its more than 900 million users. Facebook's cost of revenue in the first quarter of 2012 increased $110 million, or 66%, year over year, thanks largely to expanding data center operations.
that Facebook is a customer of Cisco. "Their success helps both of us," he said. "With their business, they drive a tremendous amount of traffic through networks -- we want to see them be successful, and we will do whatever we can to help them achieve that."
Facebook plays its technology cards close to its chest, although storage specialist
, which sells Solid State Disk (SSD) technology, is a known
. Additionally, data center specialist
to work with the newly-public company.
Bob Hammer, the CEO of storage specialist
(CVLT - Get Report)
, says that Facebook's growth is felt right across the U.S. tech sector. "It impacts all of tech," he told
. "Information that's coming off of Facebook will have relevance to any company."
Businesses, he added, are increasingly looking to apply data analytics and business intelligence software to social networking information.
will be live-blogging Facebook's IPO, starting at 8AM ET on Friday: