Easing the Transition to Cloud
In late 2014, Cisco Capital earmarked US$1 billion to provide financial solutions to help our customers and partners speed the adoption of technologies needed to move to Cisco-powered clouds. Our programs focus on financing key cloud technologies, including Cisco Application Centric Infrastructure (ACI), facilitating technology migration, and cloud adoption.
We provide four programs as part of our commitment:
- Flexible Payment Structures
- Accelerate Loans
- Low TCO offers
- Monetization of Managed Services
From a technology perspective, the programs have offers around the Cisco Nexus portfolio, including the 9000 and 2000 Series switches. They also propose financing for Cisco data center and complementary solutions, including FlexPod and Vblock. The suite of Cisco Capital solutions helps customers and partners realize their targeted business objectives while increasing available funds.
Organizations can use financing to align their ICT (information and communications technology) acquisitions to their business priorities. Qualified Cisco customers, Cisco Intercloud partners, and Cisco Cloud and Managed Service Program (CMSP) partners are eligible for the funding, subject to standard underwriting procedures.
Surge in data center traffic
Cloud has an important role to play in today’s business environment. Businesses are under pressure to innovate and to be more agile, so they can stay ahead of the competition. A cloud-based IT framework for enterprises is essential. Cisco’s Global Cloud Index (GCI) for 2013-18 forecasts a nearly three-fold increase in data center traffic during that period. Global traffic will likely reach 8.6 zettabytes per year by 2018, with 76% of it coming from cloud and three out of four data center workloads processed using cloud. A Kable report (“Current Environment and Future Outlook for Cloud Computing” published in July 2014) suggests that cloud computing will account for 16.6% of all procurement budgets over the next year. “Flexibility in terms of IT capacity and increased connectivity within organizations are driving the usage of cloud computing,” the report says.
More funds for ICT procurement
We use our understanding of Cisco products, services, and solutions to tailor financial options for acquiring the hardware, software, and services from Cisco and service providers. These solutions help our customers and partners adopt and deploy cloud technologies in the most efficient and cost-effective way possible.
For more on Cisco Capital’s move to finance IT acquisitions for customers and partners, visit http://blogs.cisco.com/datacenter/easing-the-transition-to-the-cloud-cisco-capital-earmarks-1-billion-in-financing.
Technology
