Cisco Systems Inc. (CSCO)

$ 57.56
   
  • Change Today:
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  • 52 Week High: $59.18
  • 52 Week Low: $45.47
  • Currency: US Dollars
  • Shares Issued: 4,007.00m
  • Volume: 16,162,444
  • Market Cap: $230,643m
  • RiskGrade: 100

Telit celebrates as Cisco deploys its software

By Josh White

Date: Wednesday 08 Feb 2017

LONDON (ShareCast) - (ShareCast News) - Internet of Things products supplier Telit Communications announced on Wednesday that its deviceWISE Asset Gateway Software had been validated on the Cisco ISR8x9 and Cisco 4000 families of routers.
The AIM-traded company said the software was now available as an "integrated cloud-ready" industrial IoT solution.

It said the "highly-secure and ruggedised" Industry 4.0 appliances provided edge intelligence for industrial asset management, condition-based monitoring, predictive maintenance and other mission-critical IoT applications across industrial markets around the world.

Telit and Cisco also engaged in a multi-faceted go-to-market collaboration, the board said, to expand their market reach and readiness for their respective products and services.

The deviceWISE Asset Gateway software is a smart agent with an extensive industrial protocol library, it explained, based on decades of development and experience in the industrial automation space.

"Adding Cisco to our expanding ecosystem of Telit IoT partners is a notable advantage for the industry and our common customers," said vice-president of business development Charlie McNiff.

"It will enable us to expand the market reach for both companies in the high-growth industrial IoT market."

Cisco IoT Connectivity general manager Vikas Butaney saidTelit edge software on Cisco IoT Gateways would enable customers and partners to access machine data with a broad range connectors for manufacturing and industrial deployments.

"Cisco has a rich portfolio of industry specific IoT gateways with security, scale, compliance, with 4G LTE, ethernet and Wi-Fi connectivity options and management to enable customer success for operational deployments.

"Now, customers have the flexibility to choose the most optimal IoT gateways, with Telit edge software, management and SI partners to deploy Connected Machine use-cases with confidence."

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Cisco Systems Market Data

Currency US Dollars
Share Price $ 57.56
Change Today $ 0.06
% Change 0.10 %
52 Week High $59.18
52 Week Low $45.47
Volume 16,162,444
Shares Issued 4,007.00m
Market Cap $230,643m
RiskGrade 100

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