What’s new from Cisco Systems, Inc (NASDAQ:CSCO)
On Tuesday Cisco Systems, Inc (NASDAQ:CSCO) introduced the network Convergence System or the NCS. This is a network-fabric family that will act as a base for a smart, scalable and flexible internet. This kind of capability is very relevant in the current-day scenario where mobile, machine-to-machine and cloud applications are being increasingly used in every field.
The new Cisco Systems, Inc (NASDAQ:CSCO) NCS is being used by numerous prominent global service-providers such as KDDI, BSkyB and Telstra. They are using it to launch new revenue streams, provide their customers with personalized experiences and simplify operations. The system has virtualization and programmability capabilities that allow service providers to speed-up the transition to SDN and NFV.
The capabilities that the NCS is offering allows service providers to accommodate online casino the increasing network traffic and leverage the events that now take place via various devices. Bandwidth is not the only factor that needs to be scaled, but managing program responses and managing polices and controlling function to deliver precise results within a certain timeframe is what the NCS will help service providers achieve.
The users of this system are literally endless. Cloud based health-portals can be generated and personal information can be linked to health monitors. Cars that are outfitted with 4G LTE devices can send signals that the driver has reached his/her home and adjustments such as lighting and home temperature can be made from a remote location. This kind of functionality is not just for the use of individuals but can be used to great benefit in the manufacturing and healthcare industries.
In Tuesday’s trading session, Cisco Systems, Inc (NASDAQ:CSCO) dropped 0.56%. The shares opened at a price of $24.14, rose to an intraday high of $24.32 and dropped to a close of $24.14. Approximately 29.76 million shares were traded on Tuesday and an average volume of 36.08 million shares were traded over 30 days.