Cisco Announces New Cloud Services, but Is Anyone Listening?

Grazed from DailyFinance. Author: Tim Brugger.

Last month’s announcement of the strategic partnership between Cisco (NAS: CSCO) and cloud technology provider VMware (NYS: VMW) was the latest confirmation of Cisco’s shift in business philosophy. CEO John Chambers’ objective to become a leader in the exploding cloud marketplace should be sweet music to Cisco shareholders’ ears. The 6% jump in share price year to date, along with the recent dividend payment, sounds pretty good, too.

Cloud technology concerns
The newest additions to Cisco’s existing cloud solutions — SecureX, data loss prevention, and secure mobile services — addresses areas of concern for many businesses slow to embrace cloud computing…

One of the primary roadblocks to adopting cloud technologies is security — security of data housing and storage, along with the transmitting of sensitive data, especially via mobile computing options. Another problem with the cloud, particularly for small- and mid-sized businesses, is the cost to customize infrastructure and architectures…

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