Cisco has set its sights on becoming a key player in the cloud market. With a substantial investment of $1 billion, Cisco is looking toward developing cloud services around the Internet of Everything, another increasingly growing market. The amount will be spent toward building data centers to help run the new service called Cisco Cloud Services.
Cisco is already a leading vendor in the routing industry, however, the move into the cloud market reveals their desire to find new business opportunities. Cisco Cloud Services will control distributed network and security architecture designed for heavy application workloads, real-time analytics, and powerful scalability. Cisco is aware that more businesses are getting involved with third-party cloud providers. Businesses typically would rather rent computing services than buy and maintain their own machines.
“Companies are looking for different ways to get IT done,” said Rob Lloyd, Cisco president of development and sales. “Everybody is realizing the cloud can be a vehicle for achieving better economics and lower cost.”
Cisco will utilize the assistance of those already established service providers. Allstream and Telstra are two of the major partners that will strengthen Cisco’s reputation in cloud services. Meanwhile, Allstream and Telstra will benefit from increasing their portfolio with the connections that Cisco can provide. Additional partners include Canopy, Ingram Micro, Logicalis Group, MicroStrategy, OnX Managed Services, SunGard Availability Services and Wipro Ltd. With resources like this, Cisco plans to go after the leader of the pack, Amazon, which will ultimately be a tall task.
Launch 3 Telecom buys and sells equipment from manufacturers that utilize Data Centers and Cloud Services like Cisco. For more information on cloud compatible equipment, contact Launch 3 Telecom at 877-878-9134 or email firstname.lastname@example.org.