Cisco’s $1bn Intercloud
September 29, 2014
Cisco Systems is to invest $1 billion over two years to expand its cloud offerings linking hundreds of data centre and cloud providers around the world in a network with more than 30 partners.
The Intercloud will help businesses process and manage data generated from billions of devices and applications around the world, Cisco said.
Businesses in the network aim to bridge the gap between public and private cloud computing and will share cloud infrastructure the same way mobile telecommunications companies have roaming agreements.
With partners including Deutsche Telekom, BT group and Equinix, Cisco said it will add 250 data centres in 50 countries to its cloud network.
Cisco aims to use Intercloud for its VideoScape TV provision services.