Cisco Systems Inc. on Wednesday forecast that within four years, about half its revenue will come from software and other recurring sales, but its chief financial officer told Reuters high chip prices in its hardware business will keep pressuring overall profits. Cisco is the biggest maker of networking gear for data centers and corporate campuses, but it is shifting toward selling recurring subscriptions for software such as its WebEx collaboration service and cybersecurity services. At an event with Wall Street analysts, Cisco said it believes the portion of its revenue coming from subscriptions will rise from 44 percent notched for its fiscal 2021 ended July 31 to 50 percent by fiscal 2025. The company gave a fiscal 2025 revenue forecast with a midpoint of $62.9 billion, saying it expects a compound annual growth rate of 5 percent to 7 percent. Cisco predicted the same growth rate for adjusted profits, targeting a midpoint …