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Cisco to invest $1 billion for ‘Intercloud’ global cloud computing network

Posted on 1 October 2014

Cisco Systems is looking to expand its cloud network by bringing 30 partners on board and investing $1 billion over 2 years for the development of ‘Intercloud’ – a colossal venture by the company to establish a link between distinct cloud platforms with secure private access in a bid to bring public and private cloud service providers together into a strong network.

On Monday, Cisco announced that having collaborated with Deutsche Telekom, BT group, NTT Data and Equinix among others, it shall connect 250 data-centres in 50 countries to its cloud network with the objective of assisting businesses process and managing data generated from billions of devices and applications across the globe.

The ultimate aim is have cloud infrastructure in place in almost the same manner that mobile telecommunications companies have roaming agreements. Cisco has also announced the launch of Cisco Hybrid Cloud bundles.

The benefits arising out of Intercloud would include the facilitation of international businesses deals with foreign regulations that require corporations to stock data about its citizens in local data-centres by letting companies direct data traffic through specific clouds and data-centres. In addition, this endeavour shall also address security and reliability concerns that have barred businesses from gaining access to the cloud through public Internet connections.

Cisco President Rob Lloyd wrote in a blog post that read “As we look ahead to the next 30 years at Cisco, we’ll look back on today as a milestone almost as significant as that day in 1984 when our founders helped two network islands talk to each other. Perhaps more importantly, I think we’ll look back on today as the day we enabled customers to achieve the vision of hybrid IT and created the IT platform truly ready for the Internet of Everything.”

Ravi
Ravi

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