31 Dec New year means changing mission for Cisco
As a leader in communications technology, Cisco Systems has always excelled at providing networking solutions for companies in need of advanced protocol comprehension, conversion and access. The entity hopes to transform its array of offerings into a more diverse portfolio next year through the acquisition of another firm outside its current list of products.
A statement from Cisco announced the company had just purchased BroadHop, a business geared toward policy control and telecom service that's meant to enhance network capabilities and increase security along communication lines. These new offerings will make Cisco's Open Network Environment more flexible and powerful, providing a higher level of service to its clients.
With a new focus on software defined networking (SDN), Cisco wants BroadHop to assist in establishing an open interface that is both secure and customizable, so that all kinds of corporate consumers will be able use these programs. Granting users a higher level of customization will entice even more clients to pick up the product, since it promises to serve individual needs in a more intuitive way than ever before. What's more, with BroadHop's protocol and telecom protection services, these suites will be much more approachable in their safety for IT professionals and employees with little to no knowledge of data protection.
Seeking Alpha wrote that this acquisition is part of a broader overarching strategy by Cisco to reposition the firm as a software and service provider. With more mobile focus and security concerns than ever before, Software-as-a-Service tools are becoming popular within all kinds of businesses. These programs allow for the minimum amount of data to be stored on a device, creating less risk of a breach should the device be lost, as no information is specifically stored on a device even when files are being viewed or altered.
The source wrote that Cisco already provides the kind of all-inclusive data manipulation service that companies are forecast to need over the next decade. As more kinds of information become available and pertinent to corporate operations all the time, businesses will need to remain flexible and accepting of new file types, document transmission methods and database setups geared toward big data initiatives.
In the next few years, Cisco will build up its software offerings to account for one-fourth of its annual revenue, a considerable jump from its current allocation.