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Wall Street envisions spin-out of Cisco's Intercloud, possibly even a REIT

New York City:   Wed, 1/7/15 - 11:59pm    View comments
 

Mark SueCiscoToday, RBC Capital Markets Managing Director, Mark Sue, made the following jaw-dropping statement:

"Intercloud a spin-out candidate. Cisco is developing Intercloud, which may benefit both hardware and software trends, and it is seeing good traction with early adopters in European carriers as well as intermediaries such as Equinix."
 

Cisco's Intercloud
Cisco Intercloud
 

Sue continued:

"Eventually, we could envision Intercloud being a candidate for a spin-out, possibly even a REIT.

"Companies plan to have multiple clouds across the private, public and hybrid landscape. While hybrid clouds are expected to account for ~50% of cloud services in the future, many respondents see utilizing multiple private and public clouds in conjunction with their hybrid strategy. Solutions such as Cisco's Intercloud seek to serve this market by enabling the seamless movement of data among various cloud resources."

Migration to hybrid clouds
Cisco Intercloud
 

Related story:

Re-examining Cisco's Intercloud strategy
 


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