Feeds

Don't hang up! Cisco chucks $100m at Internet of Things

Places big bets on staying connected with world

High performance access to file storage

Cisco may have predicted tough times ahead, after sales recently fell sharply in China and it laid off 4,000 employees due to a growth slump, but the networking giant reckons that pumping cash into the so-called Internet of Things will help spur on recovery.

It has slapped $100m on the pile to invest in ultra-low-power embedded devices that mostly consist of sensors and control systems to help keep the world connected.

The network kit maker estimated that IoT could help public sector organisations alone to generate $4.6 trillion in value over the next decade (PDF, 17 pages). Cisco, naturally, wants a slice of that market.

On Wednesday, the John Chambers-run company reported weak results, after it had previously warned Wall Street investors to brace themselves for more pain. ®

High performance access to file storage

More from The Register

next story
Seagate brings out 6TB HDD, did not need NO STEENKIN' SHINGLES
Or helium filling either, according to reports
European Court of Justice rips up Data Retention Directive
Rules 'interfering' measure to be 'invalid'
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.