Cisco denies report on private cloud subscription service development
Aug.6 (Reuters) – Cisco Systems Inc (CSCO.O) said on Friday that it did not plan to offer a solution to help businesses move from private data centers to public data centers, after a The Information report said that the network equipment maker was developing a subscription service for it.
The report said that Cisco’s planned subscription service, called Cloud Stack, would also help manage hardware and software within private data centers for customers who can’t do it themselves or prefer the outsource.
“We are focusing on hybrid cloud tools in public and private infrastructure. At this time, we do not plan to offer a solution to specifically repatriate cloud applications and any suggestion to the contrary is inaccurate,” a spokesperson said. of the company in a press release.
The timing of Cloud Stack’s launch, which is still in its early stages, is unclear, according to the report, citing people familiar with the matter.
During the pandemic, demand for cloud service providers increased as businesses, schools and government institutions searched for cost-effective ways to go online.
Amazon.Com Inc’s (AMZN.O) Amazon Web Services pioneered the public cloud by allowing businesses to rent data centers on a subscription basis. Microsoft Corp’s Azure and Google Cloud (MSFT.O) are also helping businesses migrate their operations to the public cloud.
Report by Chavi Mehta in Bangalore; Editing by Devika Syamnath
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