Cisco to Acquire Real-Time Network Analytics With Truviso
Transforming Banks for a Digital Future: The Winners, The Losers, and the Strategies to Beat the Odds
Cisco Systems is buying privately held Truviso, a move designed to give businesses greater capabilities in monitoring and analyzing the rapidly growing amount of data traffic that is passing over their networking infrastructures.
Cisco officials on May 3 announced their intent on buying Truviso, a 7-year-old company that builds software that executives say give customers the ability to analyze network data continuously and in real time. Financial terms of the deal were not announced, and Cisco expects to close the deal by July.
Cisco will incorporate Truviso's technology into its Cisco Prime technology, which enables businesses to gather and analyze network traffic. Truviso's real-time analysis technology will enable users to get an immediate picture of their networks.
"With the growth of end-user devices and applications and in turn the proliferation of large amounts of network data, service provider and enterprise customers are looking for ways to better understand usage and differentiate their service offerings," Hilton Romanski, vice president and head of corporate business development at Cisco, said in a May 3 post on the company's blog. Truviso's continuous query technology allows companies to get detailed information and visibility of network use and services in real-time, with its analyze-first, store-later capability.
Cisco executives for more than a year have been talking about the growing amount of traffic that will be flooding networks worldwide, thanks in large part to the rapid rise in the use of Internet-connected devices like smartphones, tablets, laptops and appliances. A year ago, Cisco officials in their annual Visual Networking Index Forecast said that by 2015, there will be almost 15 billion network-connected devices in the world, with global Internet traffic quadrupling to 966 exabytes per year.
Both service providers and end businesses are pushing for technologies that can give them a better and more instantaneous understanding of what s happening in their networks.
"Customers want to be able to tap into and better analyze the enormous volume of data traversing their networks to identify ways to enhance services and generate new revenue opportunities," Jamie Lerner, vice president and general manager of Cisco Network Management Technology Group, said in a statement. "Embedding Truviso s real-time business intelligence into the network will help customers unlock these capabilities at the speed of the network."
IT Solutions Builder TOP IT RESOURCES TO MOVE YOUR BUSINESS FORWARD
Which topic are you interested in?
What is your company size?
What is your job title?
What is your job function?
Searching our resource database to find your matches...