Cisco Systems Inc (NASDAQ: CSCO) Unveils Cisco plus, a Subscription Based Network Service
Cisco Systems Inc (NASDAQ: CSCO), one of the world’s leading tech companies, has recently launched Cisco plus, a subscription-based service. This service will provide network as a service which means that users will pay for a monthly or quarterly subscription to Cisco services in line with Cisco CEO Chuck Robbins’ vision of bringing subscription-based services to the company.
The network as a service package are set to incorporate Cisco’s observability platform, switches, routers, and compute to a cloud model. The users will, in turn pay for a package deal for all the services for the bundle’s duration.
Initial roll-out
Senior VP of operations and strategy at Cisco, Kip Compton, said that Cisco plus is an excellent choice for users expanding to hybrid cloud implementation and data centers. Compton further said that after Cisco’s recent acquisition of ThousandEyes, users will also get better visibility with Cisco plus.
Cisco will begin rolling out the first phase of Cisco plus with Cisco plus Hybrid Cloud in June 2021. These initial offers will be available in Canada, Germany, Australia, and the U.S. Users will be able to order, get deliveries within 14 days and pay for subscriptions.
Cisco plus’ impact on networking
Cisco plus is expected to help businesses save on operation costs with an option to scale up or down their subscriptions as per their needs. This will come in handy for seasonal and unpredictable businesses.
With Cisco plus hybrid cloud, Cisco has also invested heavily in AI for optimizing service. This means that not only will the customer pay for flexible packages, but the system will also evaluate their usage and recommend a more appropriate package. The machine intelligence solutions will also help users optimize their networks for their specific scenarios.
In addition to the software network services, Cisco plus will also provide the hardware with the packages. According to SVP Kip Compton, Cisco’s end goal is to have all its services subscription-based.