Cisco banks on Intercloud as it looks to 'build tomorrow today'
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US tech giant Cisco is betting big on its grand plan to build the
Intercloud - a global network of cloud systems - in order to wrestle for a larger market share of the largely untapped Internet of Everything (IoE) market, which is predicted to be worth
US$19 trillion (Bt640 trillion) in the next 10 years.
Its senior executives participating in the annual conference and trade show "Cisco Live 2015" in San Diego last week promoted the idea of the
Intercloud heavily.
They pointed to the need for a secure and reliable "Internet of clouds" to cope with the exponential adoption of digital devices worldwide.
The theme of "Cisco Live 2015" was "Let's Build Tomorrow Today".
About 18 months ago, Cisco unveiled an ambitious plan to create the
Intercloud ecosystem that will unify smaller cloud service providers into a competitive system, offering products that are all compatible with each other.
At the San Diego event, the company announced that it was now significantly expanding its Intercloud ecosystem with the addition of 30 global partners and a $1-billion investment from Cisco Capital to boost adoption of Cisco-powered clouds.
It also announced partnerships with several software developers, in addition to the launch of Intercloud Marketplace and
Intercloud Fabric.