Cisco to build global 'intercloud'.

PositionCLOUD - Cisco Systems Inc.

Network giant Cisco announced in March that it will spend $1 billion over the next two years to create the world's largest global, open, hybrid cloud, a network of clouds it is calling an "intercloud."

"... [W]e saw an opportunity, by building an Intercloud with more national cloud nodes than any rival, to address rising data sovereignty concerns," Robert Lloyd, Ciscos's president of development and sales, wrote on the Cicsco blog "The Platform."

"Our cloud will be the world's first truly open, hybrid cloud," said Lloyd. "[It] will be built upon industry-leading Cisco cloud technologies and leverage OpenStack for its open standards-based global infrastructure. We plan to support any workload, on any hypervisor and interoperate with any cloud."

Lloyd said the intercloud is being built for the Internet of Everything --which Cisco defines as "bringing together people, process, data, and things to make networked connections more relevant and valuable than ever before--turning information into actions that create new capabilities, richer experiences, and unprecedented economic opportunity for businesses, individuals, and...

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