Technology

Cisco developing private-cloud subscriptions for companies - The Information

Cisco developing private-cloud subscriptions for companies - The Information

Cisco Systems Inc (CSCO.O) is developing a subscription service called Cloud Stack to help enterprises shift or move back to private data centers from public ones, The Information reported on Friday, citing people familiar with the matter. As part of the service, Cisco will also manage hardware and software within private data centers for customers who cannot do so on their own, or would prefer to outsource it, the report said.

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