Today's Hard|Forum Post
Today's Hard|Forum Post

Monday March 24, 2014

Cisco Launching $1B Cloud Service

It looks like Amazon, Microsoft and IBM might be getting some competition in the cloud computing arena.

Cisco Systems Inc plans to offer cloud computing services, pledging to spend $1 billion over the next two years to enter a market currently led by the world's biggest online retailer Amazon.com Inc. Cisco said it will spend the amount to build data centers to help run the new service called Cisco Cloud Services.

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