News

Cisco to Invest over $1 Billion for Intercloud

Plans to build the world’s largest global Intercloud along with partners

Cisco plans to build the world’s largest global Intercloud – a network of clouds – together with a set of partners.

The Cisco global Intercloud is being architected for the Internet of Everything, with a distributed network and security architecture designed for high-value application workloads, real-time analytics, “near infinite” scalability and full compliance with local data sovereignty laws. The first-of-its-kind open Intercloud, which will feature APIs for rapid application development, will deliver a new enterprise-class portfolio of cloud IT services for businesses, service providers and resellers.

Cisco expects to invest over $1 billion to build its expanded cloud business over the next two years. Its partner-centric business model, which enables partner capabilities and investments, is expected to generate a rapid acceleration of additional investment to drive the global scale and breadth of services that Cisco plans to deliver to its customers.

“Customers, providers and channel partners alike are turning to Cisco to create open and highly secure hybrid cloud environments, and they want to rapidly deploy valuable enterprise-class cloud experiences for key customers – all while mitigating the risk of capital investment,” said Robert Lloyd, president of development and sales, Cisco. “The timing is right for Cisco and its partners to invest in a groundbreaking, application-centric global Intercloud to provide broader reach and faster time to market. Together, we have the capability to enable a seamless world of many clouds in which our customers have the choice to enable the right, highly secure cloud for the right workload, while creating strategic advantages for rapid innovation, and ultimately, business growth.”

Hosted across a global network of Cisco and partner data centers, the Cisco global Intercloud will offer an expanded suite of value-added application- and network-centric cloud services to accelerate the Internet of Everything.

Cisco is expanding the Cisco Powered program to include Cisco Cloud Services. Cisco will sell these new services through channel partners and directly to end customers. Partners who develop Cisco Powered services can offer more cloud offerings faster, with lower up front development costs, and operate at cloud speed and scale.

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