Cisco's Partnership Spree Continues With Airtel & TIM Deal
Zacks Investment Research | Feb 26, 2018 07:32AM ET
Cisco Systems, Inc. (NASDAQ:CSCO) recently entered into a strategic alliance with India's leading telecom services provider, Bharti Airtel (Airtel), to enhance real-time customer experience. The team up is aimed at developing advanced self-optimizing network (“SON”) software to enable the mobile carrier to plan, configure, manage and optimize cellular networks automatically.
Cisco, Airtel Team Up
The collaboration will help Cisco to integrate Airtel’s multi-vendor, multi-domain network with its open, hyper-programmable architecture and SON services, consequently ensuring quality of customer experience. The team up of Cisco and Bharti Airtel is well strategized to cater to the thriving mobile data consumption usage demand in India.
SON is used to speed up the planning, configuration, optimization and healing of mobile telecom networks. Per MarketsandMarkets, the SON market is projected to grow at a CAGR of 10.1% to $6.419 billion by 2020 (between 2014 and 2020). This collaboration will streamline data and voice traffic and build an automated network platformwhichwill boost SON capabilities of deployed platform.
Cisco, TIM Team Up
This Apart, Cisco also entered into a partnership with Itlay-based mobile and fixed telecommunication services provider, TIM, to offer "TIM Safe WEB", in order to protect small business users from malware and other malicious cybersecurity threats.
TIM Safe Web is a highly secure platform which offers customers a validated, competent solution, which will bolster protection from malware threats without compromising on reliability. The alliance will merge Cisco’s Umbrella cloud-based security platform with TIM’s network, delivering customized security solutions for small business markets.
With rapid digital transformation, more and more devices, applications and users are getting connected to the Internet every day. Though this translates to greater opportunities for technology companies, it has also made organizations and businesses more vulnerable to security threats. The partnership is intended to safeguard Cisco’s clients and customers from malware and abuse with the use of improved security software.
Cybersecurity Ventures reportedly estimates that the global cybersecurity space will grow at a CAGR of 9.8% from around $106.3 billion in 2015 to around $170.2 billion by 2020. Approximately $1 trillion is expected to be spent globally on cybersecurity from 2017 to 2021. We believe that by adding TIM to its existing solutions, Cisco will record considerable gains.
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