Private cloud is here to stay: Cisco

June 20, 2014 Off By David

Grazed from ZDNet. Author: Aimee Chanthadavong.

Cisco Systems is confident that Australia will be the global market leader to take up its big cloud play that has been dubbed Intercloud. Speaking to a room of media this week, Cisco development and sales president Robert Lloyd said Intercloud — which the company initially announced in March as part of its US$1 billion investment to secure its position in the cloud computing market — is an "enterprise response to the multiple uses of cloud technology that is expected to unfold in the next decade".

"We have heard for a year or two about the construct of the market, and how it has been trying to respond to the complexity that has emerged in networking … [but] command line interface network units that’s expected to lead to the agility and flexibility that customers are looking for today isn’t going to be the answer," he said…

Lloyd believes Cisco’s Intercloud solution and ecosystem will be "more vibrant" in Australia because "private cloud is not going away", especially as regulatory pressures to keep data in-country heightens. Recent information released by Wikileaks has shown that 50 countries including Australia may be signing away rights to ensure sensitive customer data remains in its country of origin, as part of negotiations for new financial services rules for operating between participating countries…

Read more from the source @ http://www.zdnet.com/private-cloud-is-here-to-stay-cisco-7000030754/