Cisco is evolving its cloud-native strategy to position itself as a cloud-native service provider, with acquisitions such as Splunk playing a key role in this effort. Krishna Modi, Cloud Architect at Cisco, emphasizes that companies must evolve in a cloud-native world and take platform engineering seriously. Platform engineering is no longer just a trend but an evolution of infrastructure engineering, and it's essential for companies to mature and evolve to meet the needs of their developer teams. The API gateway evolution has been one of the most interesting journeys, with cloud-native being at the forefront, and Krishna notes that developers should pay close attention to this evolution as many other factions of the microservices world and API lifecycle will likely follow a similar path. Identity and Access Management (IAM) remains a crucial aspect of any company's security measures, and it's essential to get IAM right to practice proper security measures and authorization and authentication.