Back to top

Image: Bigstock

Cisco (CSCO) & IBM Come Together for Workplace Solutions

Read MoreHide Full Article

Seeing tech giants like Cisco Systems, Inc. (CSCO - Free Report) and International Business Machines Corporation (IBM) collaborate, one can presume that something big is in the works.

Their recently announced partnership aims at integrating Cisco Spark and WebEx platforms with IBM's cloud collaboration solutions that include Verse and Connections.

This means that Cisco’s collaboration solutions - business messaging, meeting and calling offerings - will merge with IBM's advanced analytics, Watson, and email and social offerings, leading to the emergence of a new class of cloud-based workplace solutions.

These new solutions will streamline workplace data collection and analysis and make it happen on offline systems as well.

Businesses placed in remote locations like mines and oil rigs where there is no cloud connectivity can now make use of Watson running on Cisco’s gateway gear to gather, monitor and analyze data without Internet connection.

This collaboration of analytics and cognitive technology is expected to make business communication more productive and data-driven, thereby saving communication time and effort.

According to Senior Vice President and General Manager, Cisco Cloud Collaboration Technology Jens Meggers, “Now we can deliver amazing, next-generation "Intelligent Collaboration" that allows enterprises to compete in this fast moving digital world."

According to General Manager of IBM’s Internet of Things division Harriet Green, “We’re extending Watson to the network’s edge for organizations that can’t rely on the cloud or need to process data locally.”

Some other stocks worth considering in the wider technology sector include PetMed Express, Inc. (PETS - Free Report) , Exa Corporation and Box, Inc. (BOX - Free Report) .

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Unique Zacks Analysis of Your Chosen Ticker


Pick one free report - opportunity may be withdrawn at any time


Cisco Systems, Inc. (CSCO) - $25 value - yours FREE >>

PetMed Express, Inc. (PETS) - $25 value - yours FREE >>

Box, Inc. (BOX) - $25 value - yours FREE >>

Published in