Reginal Thomas
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Cisco Systems Will Invest $1 Billion In Cloud Business Over Two Years

Cisco Systems has announced that it will invest $1 billion over two years to broaden its cloud business. The investment will link hundreds of data centers and cloud providers around the world in a network supported by over 30 partners. The new network, named Intercloud, will aid businesses in processes and managing data begin created by billions of devices and applications at once. Cisco is hoping the address security and reliability concerns that have stopped businesses from accepting cloud serves through public Internet connections.