Cisco’s US $1 bln investment in Cloud biz is for IoE

First, the news. Cisco will invest $1billion in the next two years to build its expanded Cloud business.

Under it, the company will offer an expanded suite of Cisco Cloud Services from a global network of Cisco and partner data centers. This, said Cisco, will be the world’s “first truly open, hybrid Cloud.” The Cisco Intercloud will be built upon industry-leading Cisco Cloud technologies and leverage OpenStack for its open standards-based global infrastructure.

Now, the views. It is very clear from Cisco’s own statements that the expanded suite is not being pitted against competition like Amazon Web Services, Google, or Rackspace. This is more as a chain of global datacenters linked by a Cisco network to serve as a backbone for the Internet of Things (IoT), or as Cisco calls the business, the Internet of Everything (IoE).

Robert Lloyd

Robert Lloyd

As Robert Llyod, President, Development and Sales, Cisco wrote on this blog, this will be a Cloud truly built for the IoE, capable of scaling to billions of connections, and trillions of events, all supported by real-time analytics to help customers get the insights they need from the connections of people, processes, data and things, as they happen.

Image Credit: Cisco blog

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