Cisco Virtualized Managed Business Service Solutions Enable Service Providers to Capitalize on $62 Billion Market Opportunity Ciscos Evolved Services Platform Lowers OPEX by up to 78% While Increasing Agility; Allows Telecommunications Companies to Deliver Secure, Highly Scalable Services to Untapped SMB Market
SAN JOSE, Calif., Sept. 29, 2014 Cisco today announced that its Evolved Services Platform (ESP), industrys most comprehensive virtualization and orchestration software platform that creates, automates and provisions services in real time across compute, storage and network functions, enables service providers to deliver two new virtualized and automated managed business services targeted to the small medium business market: Cloud VPN and Security. The SMB market segment has great upside potential within the fast-growing managed network and communication services market, which is expected to grow to $62 billion dollars by 2018. (sources: MarketsandMarkets, U.S. Census, Cisco Analysis)
Today, SMBs are looking for highly secure and scalable services complete with instantaneous ramp-up, flexibility and personalization capabilities at a much lower cost than traditional enterprises. However, for Service Providers, the high cost of customer acquisition, manual network provisioning and management, and ongoing customer support needed for SMBs have made it far too challenging to offer such services to that market profitability.
Now, with Ciscos new virtualized managed service solutions, Service Providers are now better able to pursue these opportunities. Leveraging Software Defined Networking (SDN), innovative Network Function Virtualization (NFV), multi-vendor orchestration and provisioning technologies, these solutions can enable service providers to save up to 78% in operational costs, deliver a 200% return on investment over 5 years and decrease new managed service start-up time from months to less than 48 hours compared to past approaches.
Additional cloud-centric news was also announced today by Cisco and a wide range of partners driving the momentum around Intercloud, enabling even more flexibility to service providers in the delivery of virtualized managed service offers.
Business Outcomes and Technology Highlights:
Cloud VPN Service Solution: Enables services providers to deliver optimal user experiences, cloud security and simplified operations; offers the most comprehensive solution in the industry, enabling services providers to help SMBs scale their services worldwide and on-demand; delivers direct secure and scalable Internet access from the branch, site-to-site as well as remote access VPN; provides advanced VPN Features like Cloud Managed Auto VPN, Application Firewall, WAN Optimization, Application Control, and Content Filtering.
Security Solution: Provides nonstop, real-time monitoring to prevent attacks, malware, worms and Internet-based attacks targeting critical business assets; supports consistent, effective event management with advanced monitoring, identification, alerts and issue mitigation; accesses and applies the latest security information, knowledge and expertise for business customers.
New Cisco Innovations that enable these solutions include:
Multi-Vendor Network Service Orchestration including Tail-F technology
Cloud Management from Meraki
And the industrys most extensive catalog of over 40 virtual network functions, including the virtual Adaptive Security Appliance and virtual Wide Area Application Services
Industry Validation:
"As a leading provider of managed security, voice, data, and cloud services in North America, MegaPath leverages its technology investments to help businesses of all sizes lower costs, increase security and enhance productivity. MegaPath selected Cisco as a technology platform for its managed services because the cloud-managed network solution gives us a competitive edge and its operational enhancements really fit our business model." David Williams, President, Managed Services, MegaPath.
"Our collaboration with Cisco allows us to be one of the first cable operators in the United States to offer comprehensive, world-class managed security services to enterprises and our key vertical markets in education, government, and healthcare. Working with Cisco, weve already been able to quickly bring new security services to specific customers in the education vertical, while maximizing previous investment in our robust network." Craig Cowden, Chief Network Officer and SVP, Enterprise Solutions, Bright House Networks.
"With most emerging technologies, service providers and vendors typically focus first on cost savings opportunities. SDN and NFV are no different. At the same time, theres a reason why the notion that you cant save your way to growth is a well-worn clich . To this end, Ciscos moves to enable operators to drive additional top-line revenue through deployment of managed services to new markets like the SMB segment are encouraging." Peter Jarich, vice president, Current Analysis
"Forward-thinking service providers are the enablers of the Internet of Everything (IoE), delivering innovative capabilities to new market segments," said Kelly Ahuja, senior vice president and general manager, Cisco Service Provider segment. "Cisco Virtualized Managed Business Services accelerate the delivery of cutting-edge business services to SMBs and offer cloud-based remotely managed services for WAN connectivity, security and other advanced technologies. By leveraging Cisco technologies and our advanced Remote Management Services, service providers can now efficiently deliver the service capabilities SMBs desire while addressing a sizable untapped market opportunity to help grow their business."
Supporting Resources
ACG Research Blog: The Case for Virtual Managed Services Whitepaper
Service Provider SP 360 Blog: "Cisco and Se
Most recent headlines
04/08/2024
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet, a leading technology and service provider for media-rich organizations, a...
04/05/2024
NEW YORK As the Asian Pacific American Heritage Month kicks off in May, Nielsen has released an extensive new report diving into their media habits with data sh...
04/05/2024
PHILADELPHIA As National Military Appreciation Month gets underway, Comcast has announced several new initiatives to help veterans, service members, and their f...
04/05/2024
WASHINGTON, D.C. Federal Communications Commission chairwoman Jessica Rosenworcel has announced a tentative agenda for the May Open Commission Meeting scheduled...
04/05/2024
The Broadband Forum has announced major enhancements to key 5G convergence standards that the group said will help advance next-generation applications, improve...
04/05/2024
Spotify Wrapped Campaign Spot Graded With DaVinci Resolve Studio
Brie Clayton May 3, 2024
0 Comments
Blackmagic Design today announced that Colorist M...
04/05/2024
Three Boston Conservatory at Berklee Alums Nominated for Tony Awards An additional eight alums and two current students performed in nominated productions.
...
03/05/2024
An innovative learning tool to help media and civil society better understand ho...
03/05/2024
PARK CITY, UTAH - JANUARY 21: (L-R) Actors K stutis Cic nas and Greta Grinevi i t , Director Marija Kavtaradze and Producer Marija Razgute attend the 2023 Sunda...
03/05/2024
If you aren't familiar with Danny Ocean's music, it's only a matter ...
03/05/2024
Spotify has an unwavering commitment to supporting emerging artists across all genres, to helping them launch and thrive in their careers, and to connecting the...
03/05/2024
Como uno de los sonidos de mayor expansi n en el mundo, la M sica Mexicana va m ...
03/05/2024
As one of the fastest-growing sounds worldwide, M sica Mexicana is more than jus...
03/05/2024
NEW YORK FuboTV reported that it lost 110,000 subs in Q1 2024 but it exceeded its guidance for the quarter with double digit year-over-year increases across key...
03/05/2024
Only 3 Weeks Left To Enter The Creative Industries Most Award
Brie Clayton May 3, 2024
0 Comments
Creativepool is giving a last call to the creative i...
03/05/2024
WePlay Studios Transforms the Future of Live Event Storytelling with AJA Gear
Brie Clayton May 3, 2024
0 Comments
By 2032, the esports market is expec...
03/05/2024
WASHINGTON Shannon Bream, Fox News Sunday anchor and chief legal correspondent, sat for a keynote chat at The Business of TV News, with Tom Umstead, senior co...
03/05/2024
WASHINGTON Asked how important is local news, Martha Raddatz, who has covered foreign conflicts for decades and moderated presidential debates for ABC News, s...
03/05/2024
Sony Pictures and Apollo Global Management have made a $26 billion cash offer fo...
03/05/2024
CBS announced its 2024-2025 primetime schedule, which features the new dramas NCIS: Origins, Matlock and Watson, and new comedies Poppa's House and Georgie ...
03/05/2024
Sports-focused streaming service Fubo said it reduced its red ink in the first quarter, despite losing 110,000 subscribers since the end of the year....
03/05/2024
Walmart is reportedly about to release a new 4K streaming box/smart speaker hybrid device for Google TV that could retail for as low as $50, according to a repo...
03/05/2024
Enhancements to its Delivery Workspace solution provide increased content delivery robustness and security
By Matthew Corrigan
Published: May 3, 2024
Enha...
03/05/2024
According to reports, if the bid is successful, Sony would be the significant majority shareholder of the new private company
By Jenny Priestley
Published: M...
03/05/2024
Located in Manchesters Spinningfields district, the course aims to equip students with the skills, knowledge and industry insight for a career in the creative s...
03/05/2024
Lightbridge has created a new Cine Reflect Lighting System kit, dedicated to enabling artistic lighting with consideration of today's productivity practical...
03/05/2024
Broadcast media systems integrator BeckTV and Lawo worked together on a large-scale AES67 build of radio control rooms at KPBS, San Diego's NPR and PBS memb...
03/05/2024
Raleigh, NC, April 12, 2024 SmallHD announces PageOS 6, a powerful software update free for owners of SmallHD monitors, featuring increased functionality, exp...
03/05/2024
SmallHD announces the Quantum 32 a new 31.5 OLED monitor designed to provide reference HDR/SDR images for post-production final color grading, as well as cri...
03/05/2024
By 2032, the esports market is expected to grow to $9.29 billion, bolstered by a global player count and fan following that both continue to climb. The 2023 Lea...
03/05/2024
Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), today announced that the 11th edition of the Amagi Global FAST Rep...
03/05/2024
Riedel Communications today announced that Westdeutscher Rundfunk (WDR) is relying on a media and intercom network based on Riedel technology for the renewal of...
03/05/2024
Broadpeak , a leading provider of content delivery network (CDN) and video streaming solutions for content providers and pay-TV operators worldwide, announced t...
03/05/2024
Media technology innovator Limecraft will exhibit the latest updates to its online platform on stand G79 at the 15-16 May 2024 Media Production & Technology Sho...
03/05/2024
Audio interface specialist Prism Sound is partnering with console manufacturer Solid State Logic, professional monitor manufacturer PMC and acoustic panel and d...
03/05/2024
Intinor, Sweden's leading developer of products and solutions for high-quality video over the internet, is set to join forces with its UK partner Zest Techn...
03/05/2024
NAKIVO Inc., a fast-growing software company dedicated to protecting physical, virtual, cloud, and SaaS environments, announced its Q1 2024 financial results to...
03/05/2024
Hiltron Communications announces an addition to its range of satellite communication products and systems: a field-upgradable motorisation kit specifically desi...
03/05/2024
Visit LiveU at Stand D30
With this year an exceptional one for major sporting events alongside multiple, key elections, the power and flexibility of LiveU'...
03/05/2024
Agile Content, the leader in the development of technology and solutions for the provision of television services over the Internet, announces Koldo Unanue as i...
03/05/2024
Eight co-signers representing streaming services, pay TV operators and public interest groups have sent a letter to Congressional leaders urging their Committee...
03/05/2024
BOSTON Brightcove has announced that it has implemented Amazon Q Business, a new generative AI assistant on Amazon Web Services (AWS)....
03/05/2024
NEW YORK CBS has declared that it will finish the 2023-24 season as Americas Most-Watched Network in primetime for the 16th consecutive season....
03/05/2024
A new survey indicates that U.S. businesses and consumers had an overall positive attitude towards their technology spending plans in the first quarter of 2024,...
03/05/2024
Sony and Apollo Global Management have sent an offer letter to Paramount Global's board of directors making an $26 billion all cash offer for Paramount Glob...
03/05/2024
EMG / Gravity Media has appointed Charlie Cubbon chief operating officer (COO) and Jamie Hindhaugh regional CEO for the U.K., U.S., Australia and the Middle Eas...
03/05/2024
Final 2024 Season Games to Air Saturdays on WRAL at 10:30am in May, Championship on June 1
Taping for the final episodes of the 2024 season of WRAL-TV's Br...
03/05/2024
Estrella MediaCo said it is expanding its connected TV portfolio by launching three new channels with Curiosity that will first appear on Samsung TV Plus....
Cisco Virtualized Managed Business Service Solutions Enable Service Providers to Capitalize on $62 Billion Market Opportunity Ciscos Evolved Services Platform Lowers OPEX by up to 78% While Increasing Agility; Allows Telecommunications Companies to Deliver Secure, Highly Scalable Services to Untapped SMB Market 
