Cisco plans to enter cloud computing market will invest 1 billion dollars

"Global technology reporter Chen," according to the US Wall Street Journal March 25, Cisco Systems plans to start offering cloud computing services to corporate customers, promising to invest 1 billion of dollars in the next two years in an Amazon-led market. Cisco plans to enter the cloud market will invest 1 billion of dollars now many companies want to hire computing services, rather than buy and maintain their own machine equipment, some technology services companies hope to seize the opportunity, now known as network hardware Cisco also joined the ranks. Cisco said the money would be used to build data centers that would support the services described above as "Cisco Cloud Services", which would also rely on the computer rooms run by partners. Cisco says corporate users can perform a variety of information technology tasks through the service, such as monitoring customer orders and allowing employees to log on to their working computers from any Internet-connected device. Cisco's cloud computing business will be different from Amazon's. Cisco, for example, plans to sell cloud services to telecoms companies, which can integrate them into a range of Internet services that have been sold to other customers. Unlike Amazon, Cisco also plans to offer custom services that are particularly compatible with SAP AG, Microsoft and VMware software, which are widely used in large enterprises. Cisco said its partners in the initial use of the company's cloud services include the Australian telecoms Company and the Canadian Allstream. Cisco's 1 Billion dollar commitment underscores the firm's determination to open up new markets. Cisco's six-month earnings fell by about 3.1% per cent as of January 25, and the company also expects sales to fall more in the current fiscal quarter.