Showing posts with label Cisco. Show all posts
Showing posts with label Cisco. Show all posts

Tuesday, February 20, 2018

Cisco Crosswork automation promises ruthless simplification

Cisco introduced a new software portfolio to help Service Providers to automate large-scale networks.  The company is promising "ruthless simplification" for networks that to date have been burdened by manual operations leading to inefficiency, complexity and security vulnerabilities.

The new Cisco Crosswork Network Automation software offers a single point of integration with zero-touch telemetry, machine learning intuition, open APIs and automated actions.

The software release targets:

  • Cisco Crosswork Change Automation: Automated operations application that enables large-scale change and closed-loop control
  • Cisco Crosswork Health Insights: Smart sensors, smart alerts and smart remediation to monitor and optimize networks
  • Cisco Crosswork Data Platform: Featuring both an OpenSource and commercial-class data analytics platform
  • Cisco Crosswork Network Insights: Cloud-based analytics solution for solving large-scale routing issues
  • Cisco Crosswork Situation Manager: Machine learning-based event correlation with social operations featuring social tools such as chat functions to solve repair issues quickly 

Cisco said the new software extends capabilities of its Network Services Orchestrator (NSO), offering the industry's most comprehensive closed-loop multi-vendor, multi-domain automation solution, with service orchestration and automation applications that support third-party solutions with open APIs.

"Only Cisco can offer this comprehensive and holistic automation approach to solve challenges of today's mass scale infrastructure," said Jonathan Davidson, senior vice president and general manager, Service Provider Networking, Cisco. "Our primary goal for network automation is to help our customers turn growing pains into growing profit, and streamline operations so they can spend less time on tactical ‘firefighting' and more time on identifying and trialing new revenue streams."

Wednesday, February 14, 2018

Cisco returns to growth, announces $25 billion stock repurchase plan

Cisco reported revenue of $11.9 billion for its second quarter of fiscal 2018, net loss on a generally accepted accounting principles (GAAP) basis of $(8.8) billion or $(1.78) per share, and non-GAAP
net income of $3.1 billion or $0.63 per share.

Due to the recently passed tax reform legislation, Cisco took a $11.1 billion charge.

Cisco has declared a quarterly dividend of $0.33 per common share, a 4-cent increase or up 14% over the previous quarter’s dividend.

Cisco’s board of directors has also approved a $25 billion increase to the authorization of the stock repurchase program.

“We had a great quarter which demonstrates that our strategy is working. Our business is growing, we have a fantastic innovation pipeline, our balance sheet is strong and we have a team that’s executing incredibly well,” said Chuck Robbins, Chairman and CEO, Cisco. “The network is more critical to business success than ever, and our new intent-based networking portfolio has great momentum including the fastest ramping new product in our history.”

Some highlights:

GAAP total gross margin and product gross margin were 63.1% and 61.5%, respectively. Product gross margin increased compared with 61.1% in the second quarter of fiscal 2017.

The total customer base for Catalyst 9000 switching platform more than doubled to reach over 3,100.

Product customer segment revenue:

  • Enterprise +3%
  • Public Sector +8%
  • Commercial +14%
  • Service Provider (-5%)

Revenue growth by geography:

  • Americas +6%
  • EMEA +6%
  • APJC 0%

There was $5.5 billion in deferred revenue from recurring software subscriptions, up 36% yoy.

Monday, February 12, 2018

Orange to test 5G Fixed with Cisco and Samsung

Orange is planning to launch a 5G millimeter wave trial in the second half of 2018 in Romania. Cisco and Samsung Electronics have been selected to participate.

Orange is believed to be the first operator to conduct a multi-vendor 5G fixed wireless access (FWA) customer trial in Europe.

 Samsung will provide commercial 5G home routers (indoor and outdoor customer-premises equipment (CPE)), 5G Radio Access Units (RAN) comprised of a compact radio base station and virtualized RAN elements, as well as 5G radio frequency planning services. Cisco will supply its Cisco Ultra Gateway Platform, delivering a 5G virtual packet core on top of Cisco NFV Infrastructure. The mobile gateway will be deployed with Control and User Plane Separation (CUPS) for enhanced throughput and flexibility.

“Together with Samsung and Cisco, we are joining forces to drive the development of 5G and prepare for its progressive roll-out starting 2020,” said Arnaud Vamparys, senior vice president, Radio Networks and Microwaves, Orange. “This trial will demonstrate how FWA, NFV and multi-vendor interoperability create new opportunities and gives us flexibility to build our next-generation network as a multi-service network.”

Tuesday, February 6, 2018

Orange Business and Cisco team on SD-WAN

Orange Business Services has expanded the capability of its global SD-WAN with the first onboarding of a Cisco SD-WAN virtual network function (VNF) on the Cisco Enterprise Network Compute System (ENCS). This platform, which delivers a fully functional virtualized solution for network services, is part of the Orange universal customer premise equipment (uCPE) offer.

Orange said that thanks to uCPE central orchestration, it can provide automated Cisco SD-WAN deployment, based on Viptela technology, in minutes on all enterprise sites, wherever they are located. The uCPE can run multiple additional functions, such as security, which can be orchestrated centrally and chained as required. This means that enterprises can dynamically adapt the branch office configuration to optimize user experience.

“This work strengthens our long-standing partnership with Cisco. Together we are bringing innovations in SD-WAN and the wider network to our customers worldwide. These developments will help realize the promise of intent-based networking, which will use artificial intelligence to automatically orchestrate networks based on predicted user demand. This will help improve application performance, security and business continuity,” said Pierre-Louis Biaggi, vice president, Connectivity, Orange Business Services.

“SD-WAN provides the essential foundation for Service Providers to transform their network services,” said Sachin Gupta, senior vice president, product management for Cisco Enterprise Networking. “One of the truly global providers, we are excited Orange is accelerating the adoption of SD-WAN technology leveraging Cisco’s ENCS platform. Our partnership will accelerate customers’ transformation to cloud and digital while delivering new-age capability for simplified operations, application visibility and performance."

Sunday, January 28, 2018

Cisco delivers OC-192 Circuit Emulation to Verizon

Verizon is currently carrying customer traffic on part of its transport network using a new highly scalable circuit emulation solution from Cisco that supports speeds up to OC-192. Previous circuit emulation equipment carried speeds up to OC-12.

Circuit emulation enables transport of conventional digital and optical signal rates over a packet-based MPLS network without impacting customer traffic -- creating a smooth migration of legacy services to next-generation infrastructure and improving overall reliability.

As part of its next-generation 100G U.S. metro network rollout, Verizon initially deployed this technology where it could aggregate multiple Ethernet and TDM circuits at the same location onto a unified high-speed circuit.

“This is a true architectural collaboration with Verizon. We have worked hard to deliver this unique solution that will easily enable the growth of Ethernet services while improving the reliability of mission critical TDM private line services,” said Bill Gartner, vice president, optical systems and optics, Service Provider Business, Cisco.

Verizon Picks Cisco and Ciena for Advanced 100G Metro Network

Verizon has selected Ciena and Cisco as vendors for its next generation metro optical network.

Specifically, Verizon will test and deploy Ciena’s metro-optimized 6500 packet optical technology and the Cisco Network Convergence System on portions of its 100G metro network this year, with plans to turn up live traffic in 2016. Supplier volumes will be guided by ongoing testing, support and performance.

“Deploying a new coherent, optimized and highly scalable metro network means Verizon stays ahead of the growth trajectory while providing an even more robust network infrastructure for future demand,” said Lee Hicks, vice president of Verizon network planning. “Ciena and Cisco met not only our technology requirements but the aggressive timeline to deploy our next-generation 100G-and-above metro network.”

Wednesday, January 24, 2018

Cisco to acquire Skyport for ultra secure servers

Cisco announced its intent to acquire Skyport Systems, Inc., a start-up based in Mountain View, California that offers "hyper-secured" servers for delivering trusted computing and policy enforcement at the application edge.  Financial terms were not disclosed.

Skyport's SkySecure converged system brings together zero trust compute, virtualization and a full stack of security technologies. It logs all traffic at a forensically auditable level, enabling users to see where traffic originates, where it is headed, whether it was allowed or not, what policy allowed or blocked it, and when and who put that policy into action. Remote management capability allows users to secure branch infrastructure without firewalls, proxies, MPLS or other security measures.

Skyport Systems team will join Cisco's Data Center – Computing Systems Product Group, which is led by Senior Vice President and General Manager Liz Centoni and the Service Provider – Networking Group led by Senior Vice President and General Manager Jonathan Davidson.

Investors in Skyport included GV (formerly known as Google Ventures), Cisco Investments, Thomvest Ventures, Northgate Capital, InstantScale, Index Ventures, Sutter Hill Ventures and Intel Capital. The company raised at least $67 million in funding over several rounds.

In June 2016, Skyport announced interoperability between its SkySecure platform and Cisco’s Application Centric Infrastructure (ACI) solution. The goal is to provide application-layer and system-level security and policy controls needed to extend the trust boundary from a system-level root-of-trust to the network edge. Skyport said its interoperability with Cisco ACI also mobilizes security policies, enabling them to follow workloads throughout their lifecycles, and lets users deploy and maintain secure administrative workstations, jump hosts and multi-zone DMZ architectures as an integral part of an overall security framework.


  

Wednesday, January 10, 2018

Cisco offers flexible DOCSIS licensing to MSO customers

Cisco is introducing a DOCSIS licensing plan for cable operator customers using its Converged Broadband Router (cBR-8) platform.

Unlike traditional licensing models for converged cable access platform (CCAP) devices, which require cable operators to purchase large numbers of new bandwidth licenses for every service group where they want to offer the expanded service, Cisco's new pricing plan has only one license type based on bandwidth consumption.  This enables cable operators to provision all of the capacity of their CCAP platforms without restrictions or upfront licensing expense.

Cisco said the new licensing plan, which it calls Infinite Broadband Unlocked (IBU), is aligned to the number of subscribers across the network, so license investment is highly aligned to revenues and avoids stranded capital.

“IBU helps cable operators be more competitive and gain subscriber market share,” said Sean Welch, vice president and general manager, Cable Access, Service Provider Business, Cisco. “We have listened carefully to our customers, and with this new offer we have specifically focused on making DOCSIS licensing simple and aligned with their business objectives.”

Tuesday, January 9, 2018

Cisco develops 1 Gbps in-vehicle network with Hyundai

Cisco has teamed up with Hyundai for the production of a hyperconnected car.

A key innovation is the use of a Software Defined Vehicle (SDV) architecture -- an in-vehicle, 1 Gbps Ethernet network with integrated, multi-layer security and allowing for sensor integration. It will also enable new, high-speed services through an integration layer between software and legacy hardware. The in-vehicle network w

The development of first-generation solutions to enable 1Gbps Ethernet. This will significantly increase the in-vehicle bandwidth. The solutions will provide flexibility, lower costs, and improved security. By enabling IP and Ethernet services, legacy buses and devices will work together with the new Ethernet attached devices and services.

Hyundai will feature this new in-vehicle network in their premium 2019 vehicles. 

Ruba Borno, Vice President, Growth Initiatives and Chief of Staff to CEO, Cisco: “Cisco is pleased to bring a standards-based approach in partnership with the automotive industry; one that will help accelerate innovation and increase the value to the consumer. By creating a flexible, scalable, and secure platform, we are allowing automotive companies to deliver better cars – faster.”

Tuesday, December 19, 2017

Zain extends IP/MPLS with Cisco segment routing

Zain Group is leveraging Cisco's advanced segment routing platforms and WAN automation to bring distributed intelligence and centralized control to its IP/MPLS network.

The deployment will enable simplification, scalability and open innovation for the network. Cisco said its technology will also help Zain Group optimize network operations and offer a richer suite of differentiated services.

“The capabilities of Cisco’s segment routing, automation and our best of breed routing engines enable Zain Group to implement a programmable network that allows them to rapidly adapt to future customer needs,” said Ali Amer, Managing Director, Global Service Provider Sales, Cisco Middle East and Africa. “By fast tracking their network automation, Zain Group are future-proofing their network with an agile, scalable and secure architecture that supports their growth strategy and enhances their competitiveness.”

Monday, December 18, 2017

Cisco and Digicel target digitization for the Caribbean

Digicel has signed a framework agreement with Cisco for accelerating the digital agenda and existing digitization policies for 26 countries in the Caribbean and Central America. 

The companies agreed to collaborate to develop a digitization vision for each country for both the immediate and the long term, defining areas for implementation and specific projects, such as Healthcare/Telemedicine, Smart Cities, and Connected Schools, as well as to develop an educational strategy based on Cisco Networking Academy. 

"Digitization is a key driver for economic development in any country. Through this partnership with Digicel, our goal is to grow GDP, create new jobs and invest in a sustainable innovation ecosystem across public and private sectors in the Caribbean and Central America," says Alison Gleeson, Senior Vice President of the Americas, Cisco. "The Cisco and Digicel collaboration will map pathways to growth for countries throughout the region, positioning them for long-term prosperity in the digital age."

The initial list of targeted countries includes: Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Bonaire, British Virgin Islands, Cayman Islands, Curacao, Dominica, El Salvador, French West Indies, Grenada, Guyana, Haiti, Jamaica, Montserrat, Panama, Saint Lucia, St. Kitts & Nevis, St. Vincent & the Grenadines, Suriname, Trinidad & Tobago and the Turks & Caicos Islands.

Thursday, December 14, 2017

Rebecca Jacoby to step down as Cisco's SVP of Operations

After a distinguished 22-year career at Cisco, Rebecca Jacoby announced plans to retire. She currently serves as senior vice president of Operations.

Cisco has appointed Irving Tan to take on the newly created role of senior vice president of Operations and Digital, responsible for leading Cisco's digital transformation across the company in partnership with Sales, Engineering and other functions. Tan currently serves as Senior Vice President of Asia Pacific and Japan.

Cisco also announced that Chris Dedicoat, executive vice president of Worldwide Sales and Field Operations, has decided to leave his role at the end of Cisco's current fiscal year on July 28, 2018, and will transition to a senior advisory role to Chairman and CEO, Chuck Robbins.

Sunday, December 10, 2017

Cisco to acquire Cmpute.io for cloud optimization tools

Cisco will acquire Cmpute.io, a start-up based in Bangalore that optimizes applications by moving workloads between private and multiple public clouds or region, based on current performance metrics and/or spot pricing.  Financial terms were not disclosed.

Cmpute.io, also known as 47Line Technologies, analyzes cloud-deployed workloads and consumption patterns. Its cost-optimization strategies help customers
minimize cloud instance overprovisioning.

Cmpute.io’s team and technology will join Cisco CloudCenter.

Monday, December 4, 2017

Bell Canada implements Cisco Segment Routing in next-gen core

Bell Canada has implemented Cisco Segment Routing in its next-generation core network. Specifically, Bell recently upgraded the‎ first four IP core routers to support seamless connection between network data centers and its Smart Core network. The deployment is part of Bell's ‘Network 3.0’ transformation plan.

Cisco Segment Routing delivers network automation and software-defined networking (SDN) capabilities to simplify network operations, increase network robustness, optimize network utilization and offer innovative network services.

Cisco predicts Internet traffic per month per user in Canada will be up to 142.6 GB in 2020, from 63.3 GB in 2016 – with 74% of Internet traffic being video.

“Segment routing is a significant step forward on our mission to transform the way our network interacts with our people, processes and technology at Bell,” said Stephen Howe, Executive Vice President and Chief Technology Officer, Bell Canada. “As our Network 3.0 transformation progresses, and with segment routing now in place, we now have the foundation to enable greater network reliability, as well as enhanced speed and agility from Bell in responding to clients’ needs. Using new IP routing protocols, we can improve the reliability and performance of our Smart Core network, including our network data centers, helping us to better manage overall network operations and offer our customers a superior service experience.”


Sunday, November 19, 2017

NTT East implements Cisco NFV

Nippon Telegraph and Telephone East Corporation has adopted a full-stack, ETSI-compliant NFV solution validated and supported by Cisco for its new Maruraku Office service, which is aimed at small and medium enterprises and which consolidates Internet lines, firewalls, routers, storage and business phones in the cloud.

Specifically, NTT East deployed Cisco Network Services Orchestrator (NSO), Cisco Elastic Services Controller (ESC), and the Cisco Network Functions Virtualization Infrastructure (NFVI) solution, including Cisco Virtual Topology System (VTS) and Cisco Virtualized Infrastructure Manager (VIM).

Cisco to Automate NTT DOCOMO’s Network Device Provisioning


Cisco is supplying its Network Services Orchestrator to help NTT DOCOMO carry out network device provisioning and transform its service lifecycle. Cisco noted that DOCOMO deployed a network functions virtualization (NFV) system last year, but due to the complexity and time-consuming operations with network device provisioning, it has taken the initiative to fully improve its business efficiency by applying “automation” to various operations. The...


Wednesday, November 15, 2017

Cisco posts $12.1 billion in revenue, cash pile grows to $71.6 billion

Cisco reported total revenue of $12.1 billion for the first quarter of its fiscal 2018, down 2%, with product revenue down 3% and service revenue up 1%. Net income GAAP was $2.4 billion or $0.48 per share, and non-GAAP net income of $3.0 billion or $0.61 per share.

"Our results in Q1 demonstrate the continued progress we're making on our strategy," said Chuck Robbins, CEO of Cisco.

Some highlights for the quarter

  • 2% of total revenue was from recurring offers
  • Revenue by geographic segment was: Americas down 1% to $7.350 billion, EMEA down 3% to $2.909 billion,  and APJC down 1% to $1.877 billion. 
  • Product revenue performance was led by Security and Applications, which increased by 8% and 6%, respectively. 
  • Infrastructure Platforms revenue decreased by 4%.
  • The new Catalyst 9000 has been adopted by 1,100 customers in the first three months.
  • Product gross margins were 60.1%, down from 63.4% a year ago
  • Service gross margins were 64.5%, down from 65.1% a year ago
  • Cash and cash equivalents and investments at the end of the quarter were $71.6 billion, of which $2.5 billion was in the United States and the rest abroad.
This quarter, Cisco changed the way it categorizes product revenue. Here's how the classification matches up.


Cisco launches $1 billion City Infrastructure Financing Program.

Cisco is launching a $1 billion City Infrastructure Financing Acceleration Program to help municipalities around the world to adopt smart city technologies. The funding will be provided through Cisco Capital in partnership with private equity firm Digital Alpha Advisors and pension fund investors APG Asset Management (APG) and Whitehelm Capital. 

“Funding is a major stumbling block for municipalities beginning their smart city transformation,” said Anil Menon, Global President of Cisco’s Smart+Connected Communities. “With our partners, Cisco will bring the capital and expertise it takes to make smart city projects a reality. Digital Alpha, APG, and Whitehelm Capital bring a fresh perspective on investment in an area that has previously been perceived as too new and, therefore, too difficult to finance.”

Cisco has recently renamed its connected digital platform as "Cisco Kinetic for Cities" and added features to support public safety. The platform now supports real-time notification of emergency information, drawing on IoT data sources and Cisco Spark Collaboration tools.

Wednesday, October 25, 2017

Cisco and Google Partner on New Hybrid Cloud Solution

Cisco and Google Cloud have formed a partnership to deliver a hybrid cloud solutions that enables applications and services to be deployed, managed and secured across on-premises environments and Google Cloud Platform. The pilot implementations are expected to be launched early next year, with commercial rollout later in 2018.

The main idea is to deliver a consistent Kubernetes environment for both on-premises Cisco Private Cloud Infrastructure and Google’s managed Kubernetes service, Google Container Engine.

The companies said their open hybrid cloud offering will provide enterprises with a way to run, secure and monitor workloads, thus enabling them to optimize their existing investments, plan their cloud migration at their own pace and avoid vendor lock in.

Cisco and Google Cloud hybrid solution highlights:


  • Orchestration and Management – Policy-based Kubernetes orchestration and lifecycle management of resources, applications and services across hybrid environments
  • Networking – Extend network policy and configurations to multiple on-premises and cloud environments
  • Security – Extend Security policy and monitor applications behavior
  • Visibility and Control – Real-time network and application performance monitoring and automation
  • Cloud-ready Infrastructure – Hyperconverged platform supporting existing application and cloud-native Kubernetes environments
  • Service Management with Istio – Open-source solution provides a uniform way to connect, secure, manage and monitor microservices
  • API Management – Google's Apigee enterprise-class API management enables legacy workloads running on premises to connect to the cloud through APIs
  • Developer Ready – Cisco's DevNet Developer Center provides tools and resources for cloud and enterprise developers to code in hybrid environments
  • Support – Joint coordinated technical support for the solution

"Our partnership with Google gives our customers the very best cloud has to offer— agility and scale, coupled with enterprise-class security and support," said Chuck Robbins, chief executive officer, Cisco. "We share a common vision of a hybrid cloud world that delivers the speed of innovation in an open and secure environment to bring the right solutions to our customers."

"This joint solution from Google and Cisco facilitates an easy and incremental approach to tapping the benefits of the Cloud. This is what we hear customers asking for," said Diane Greene, CEO, Google Cloud.

Monday, October 23, 2017

Cisco to acquire Broadsoft for collaboration software

Cisco agreed to acquire BroadSoft $55 per share, in cash, for an aggregate price of $1.9 billion. The companies said the deal is driven by the opportunities presented for business collaboration tools, especially integrated experiences across meetings, calling and contact centers, both on-premise and in the cloud.

Broadsoft, which is based in Gaithersburg, Maryland, is a leading provider of unified communications (UC) software and services. It Broadsoft Business product is an open communication suite with mobility and security features for enterprises. Its flagship BroadWorks application software lets service providers deploy an extensive portfolio of business communications and collaboration services from a common network platform. BroadWorks operates in IMS and next-generation network configurations, delivering services over traditional wireline, mobile (2G, 3G, VoLTE, WiFi), wireless and cable networks. In cloud UC call control new line shipments, Broadsoft claims the largest market share (followed by Cisco), with UC installations by 25 of the world's top service providers, for over 3 million lines installed.

As of the end of 2016, BroadSoft had 1,597 employees in 23 countries, including 732 in the U.S.

Broadsoft total revenues:

2012 - $165 million
2013 - $178 million
2014 - $217 million
2015 - $279 million
2016 - $341 million

"We are excited about this transaction, which represents the culmination of a robust process undertaken by BroadSoft's Board of Directors to maximize shareholder value," said Michael Tessler, president and CEO, BroadSoft. "As businesses continue to move toward the cloud in search of simplicity and speed, joining Cisco will allow us to deliver best-in-class collaboration tools and services. BroadSoft's hosted offerings, sold through the Service Providers and aimed at small and medium businesses, are highly complementary to Cisco's on-premises and enterprise-centric HCS offerings. Together, we can inspire teams to create, collaborate and perform in ways never before imagined."

"Cisco recently marked a significant milestone with our 200th acquisition. Acquisitions continue to be a core part of our innovation strategy and over the past two years have helped Cisco accelerate or enter areas such as IoT, application intelligence, AI, hyperconvergence and SD-WAN," said Rob Salvagno, vice president of Cisco Corporate Development. "With the addition of BroadSoft, we expect to accelerate the pace of innovation across our entire collaboration portfolio."

Sunday, October 15, 2017

Cisco releases Application Centric Infrastructure 3.0

Cisco released version 3.0 of its Application Centric Infrastructure (Cisco ACI) software-defined networking (SDN) solution for data centers and enterprise clouds. The latest software adds key features for multi-site scalability, container integration, and enhanced security.

The new ACI 3.0 features include:

  • Multi-site Management: Customers can seamlessly connect and manage multiple ACI fabrics that are geographically distributed to improve availability by isolating fault domains, and provide a global view of network policy through a single management portal. This greatly simplifies disaster recovery and the ability to scale out applications.
  • Kubernetes Integration: Customers can deploy their workloads as micro-services in containers, define ACI network policy for these through Kubernetes, and get unified networking constructs for containers, virtual machines, and bare-metal. This brings the same level of deep integration to containers ACI has had with numerous hypervisors.
  • Improved Operational Flexibility and Visibility: The new Next Gen ACI User Interface improves usability with new consistent layouts and simplified topology views, and troubleshooting wizards. In addition, ACI now includes graceful insertion and removal, support for mixed operating systems and quota management, and latency measurements across fabric end points for troubleshooting.
  • Security: ACI 3.0 delivers new capabilities to protect networks by mitigating attacks such as IP/MAC spoofing with First Hop Security integration, automatically authenticating workloads in-band and placing them in trusted security groups, and support for granular policy enforcement for end points within the same security group.

“As our customers shift to multi-cloud strategies, they are seeking ways to simplify the management and scalability of their environments,” said Ish Limkakeng, senior vice president for data center networking at Cisco.

Monday, October 9, 2017

Telenor and Cisco introduce WorkingGroupTwo

Telenor and Cisco are launching a new business entity called “WorkingGroupTwo” (WG2) that will offer mobile operators a cloud solutions platform.

WG2 will offer a mobile-core-network as-a-service and as-a-platform supporting IoT and other industry verticals.

Erlend Prestgard has been appointed CEO of “WorkingGroupTwo” and Birger Magnus has been appointed Chairman of the Board. The Board of Directors and employees own about 5% of the company, with Telenor and Digital Alpha LLC owning the remaining shares in equal proportion.

“The “WorkingGroupTwo” platform is a Telenor innovation. I am proud that we as a company are able to leverage new technologies to make a pioneering telco platform with the potential of bringing the whole industry forward. We are firmly committed to supporting “WorkingGroupTwo”, and want to give the entity the freedom to unleash wider industry eco-system dynamics. For this reason we have also set up a strong global partnership with Cisco,” said Sigve Brekke, CEO of Telenor Group.

“Cisco’s partnership with Telenor to launch “WorkingGroupTwo” demonstrates how we are driving positive change for our customers,” said Chuck Robbins, CEO of Cisco.  “Our joint efforts will help mobile operators automate the delivery of mobile cloud services and deliver innovation at a faster pace.”

See also