Cisco customers anticipate adding billions of new connections in the years ahead, and they are looking for intelligent networks that deliver automation, security and analytics to help them derive meaningful business value from these connections. Cisco is well positioned to provide these capabilities through a combination of new platforms, as well as software and subscription-based services.
We have been focused on our customers’ need for a more autonomous IT environment. We are providing customers with end-to-end visibility and automation through the entire IT stack from the application through the network. We started with Cisco Tetration Analytics, which discovers and secures applications in the data center and across the network. Next up was our acquisition of AppDynamics which monitors application and business performance. Recently, we launched the Digital Network Architecture which focuses on monitoring, automation and security in the enterprise network. In each of these areas, we are using real-time data monitoring combined with artificial intelligence and dynamic policy orchestration to bring more automation to our customers.
As we accelerate our innovation in these areas, we determined that our Data Virtualization (DV) business is not aligned with our long-term focus. TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has entered into an agreement to acquire our DV business (formerly Composite Software). This transaction will add data virtualization capabilities to their product portfolio to provide customers and partners a more complete solution. Cisco Data Virtualization already integrates with TIBCO Spotfire® and, TIBCO will be looking at how it can more deeply integrate the two to provide customers with a holistic view of their data, with less complexity and at lower cost than the current solution.
Cisco is committed to our goal of driving operational improvements in IT and application management. With analytics capabilities embedded in many of our products, we look forward to delivering even greater value for our customers’ digital transformations.