AWS and VMware vs Cisco and Google: a cloud fight worth watching

At one time in the not-so-distant past, Amazon Web Services (AWS), Cisco, Google and VMware all competed against each other in the cloud market space. While AWS and Google succeeded with their cloud ambitions, Cisco, with its Intercloud platform, and VMware, with vCloud Air, failed to gain much traction Enterprise Cloud News (Banking Technology’s sister […]

Cisco’s Q1 beats Wall Street expectations

After several quarters of less-than-stellar results, Cisco managed to beat analysts’ expectations with a better-than-expected report for its first quarter of fiscal 2018, reports Enterprise Cloud News (Banking Technology’s sister publication). For the quarter ended 28 October 2017, Cisco reported GAAP revenue of $12.1 billion, a 2% year-over-year decline. However, GAAP net income increased 3% […]

Cisco creates $1bn financing programme for smart cities

Cisco is looking to expand its presence in the smart city and internet of things (IoT) markets with a $1 billion financing program that will allow communities to make investments in their infrastructure with the vendor’s financial backing, reports Enterprise Cloud News (Banking Technology’s sister publication). The City Infrastructure Financing Acceleration Programme also has backing […]

Cisco: we’ll put IT back in charge

Cisco and its partners want to put IT back in charge of their enterprise technology infrastructure, reports Enterprise Cloud News (Banking Technology’s sister publication). Years of deploying technology in multiple locations have left enterprise IT with cloud sprawl, workloads spread over multiple public, private and hybrid clouds. By applying the right technology and business services, […]

Tibco acquires Cisco’s data virtualisation business

Integration, analytics, and event-processing software company Tibco has agreed to acquire Cisco Data Virtualization (formerly Composite Software), reports Julie Muhn at Finovate (Banking Technology‘s sister company). The solution powers enterprise-scale data virtualisation and offers associated consulting and support services. Tibco will leverage the new solution to “enhance its portfolio of analytics products and will help clients onboard analytics […]

The age of face-to-face conversation is pretty much over

It wouldn’t quite be June if we didn’t have rain or Cisco’s annual visual networking index (VNI) forecast. We’ve had plenty of rain, now it’s time to tuck into some stats! (Banking Technology‘s sister publication) reports that you probably didn’t need us to tell you, but internet traffic is going to grow. The total […]

Cisco and IBM team up to tackle cybercrime

Cisco and IBM Security have joined forces for products, services and threat intelligence as they seek to improve their market share and combat cybercrime. Cisco will integrate its security solutions with IBM’s QRadar for network, endpoint and cloud protection. IBM says this also establishes a new relationship between its IBM X-Force and Cisco Talos security […]

Cisco to cut 5,500 jobs in order to refocus on IoT and the cloud

US networking gear giant Cisco has announced it will be cutting 5,500 jobs to reinvest the consequent savings on strategic growth areas like IoT, cloud, data centres and collaboration, reports Scott Bicheno at The announcement was made as part of the company’s quarterly earnings announcement, which revealed flat revenue growth but improved profitability. It […]

Cisco partners with Fiserv for communications and infrastructure

Cisco has teamed with Fiserv and its Sentry Performance Solutions to provide hosted communications and infrastructure solutions. Sentry Performance Solutions include network, hosting and network security services; hardware and software life cycle management; and unified communications services. Fiserv says its clients now have access to the Cisco workforce experience and branch solutions. The workforce experience […]

BBVA makes Cisco top technology partner

Spanish bank BBVA has signed a strategic alliance with Cisco, allowing it to become its “priority” technology partner. BBVA says it wants to “foster connectivity and collaboration” between clients and employees, and speed up innovation and digitisation. This is the first of a series of alliances and BBVA says it is aiming to create more […]