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Cisco Plans $1B Investment In Cloud

Posted by ryuzaki0 on from the better-late-than-never dept.

itwbennett (1594911) writes "Cisco Systems said Monday it plans to invest over $1 billion to expand its cloud business over the next two years, including building a global, OpenStack-based 'network of clouds' that it has dubbed the 'intercloud'. The Intercloud will support any workload, on any hypervisor and interoperate with any cloud, both private and public, according to Cisco."

12 of 61 comments (clear)

  1. Just wait... by Anonymous Coward · · Score: 3, Funny

    ...until I release my metaintercloud.

    They'll all be regretting that misdirected $1 billion then.

  2. Cures aids and cancer too by BitZtream · · Score: 5, Insightful

    Because you can run any service on any hypervisor ... magically ... on their cloud ... it will also magically cure all the worlds ills.

    Marketing douche bags, I suspect 'works together' means that they have network connectivity.

    --
    Persistent Volume manager for Kubernetes - https://github.com/dwimsey/openshift-pvmanager
    1. Re:Cures aids and cancer too by idji · · Score: 3, Interesting

      My company has employees in over 40 countries globally - 100 of us need to daily collaborate to build demo, download and upload virtual machines. A cloud provider gives us that for about 100,000k€/year and gives us servers in US, Europe and Asia. There is no way we could do that internally for 2 or 3 times that price. Cloud is a great solution for us - data loss, hacking, snooping etc are not issues because these are customer facing demo machines, and we download what we want.

  3. this new interface... by Nickodeimus · · Score: 2

    great truncation of my topic

    Supposed to read:

    "Why do people bitch about the NSA and still put their data in "the cloud""

  4. nice by sociocapitalist · · Score: 2

    Cisco aggressively offering cloud services themselves aught to go over well with all the customers of Cisco who currently offer cloud services.

    --
    blindly antisocialist = antisocial
  5. Listen to Woz by Gothmolly · · Score: 4, Insightful

    I saw Woz speak a few years ago at a conference, and he was pretty anti-cloud - he says you should own your own data, in your hand, on (ideally) a computer you built and programmed yourself. He's spot on.

    Clouds lose data. They get hacked. They get snooped. If you have a storage device in your hand, you own the data.

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    I want to delete my account but Slashdot doesn't allow it.
    1. Re:Listen to Woz by Drethon · · Score: 3, Insightful

      Depends on what that data is.

      Personal data that no one else needs to see? Sitting on my HD behind firewalls that should keep it where I put it. If it is really private data and rarely used I may keep it on a CD sitting on a shelf. No guarantees in life though.

      Private data that I want to work on at multiple locations but will not be catastrophic if someone else gets ahold of it? On a NAS at home, behind those same firewalls and wired into the network. Should be about as secure as sitting on my HD but if someone manages to hack my router and NAS... well...

      Limited shared data? Now I start wandering into the cloud and Dropbox seems pretty good to me so far. Never actually leaves my hard drive but is available for others I choose to play with. Am hoping no one ever hacks that account but I knew the risks when I put it there.

      Stuff I want to make public and don't really care much about? At this point I don't particularly care which cloud has it so long as they are fairly stable.

  6. Re:CRITICAL NEWSFLASH by Chrisq · · Score: 2

    The revelation here is that THINK they are doing something new. They're not.

    Ah but the grey-haired executives in financial institutions, local government departments, and manufacturing companies will think its something new too

  7. and its name by cellocgw · · Score: 2

    They gonna call it the "uber-cloud" ?

    Or maybe the "mother of all clouds" ?

    Anyway, once Cisco's got it up & running, just imagine a Beowulf cluster of them. Or don't.

    --
    https://app.box.com/WitthoftResume Code: https://github.com/cellocgw
  8. It's clouds' illusions I recall... by jeffb+(2.718) · · Score: 2

    ...but I guess a Judy Collins reference outs me as older than even Cisco's management.

  9. Re:A whole network of clouds... by David_Hart · · Score: 3, Funny

    Maybe it's just a network cloud that you connect all of your other cloud services to... All I know is that when too many clouds get together, it's more likely to rain...

  10. Will intercloud power the webernets? by grahamsaa · · Score: 2

    Seriously. . . who comes up with this stuff?

    --
    Facts have a liberal bias.