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Cisco, Intersec team up to boost big data analytics capabilities

Cisco and Intersec have signed a strategic partnership designed to offer a more comprehensive big data analytics proposition to operators.

The partnership comprises two elements.

First, Cisco is making an undisclosed equity investment to finance the creation of a joint business.

Second, the two companies have signed a commercial partnership to enrich cellular data with Wi-Fi by connecting their platforms and a reselling agreement for Cisco to distribute and integrate Intersec’s solutions with their own.

Intersec is a big data software company whose tech is focused on areas such as customer management, fraud, the Internet of Things and messaging.

It counts Telefónica, SFR, MTS, Zain, O2 and Orange among its customer base.

CEO Yann Chevalier commented: “We believe [this agreement] will be a tremendous opportunity for both companies to better serve our customers.

“Intersec will benefit from Cisco’s commercial clout and highly professional approach to accelerate our development in some regions.”

Frédéric Rombaut, Head of Corporate Development EMEAR at Cisco, said: "Intersec is a pioneer and leader in big data analytics for Telco networks, a key segment for Cisco.

“The company is set for strong growth. Intersec’s extremely efficient solutions combined with Cisco’s platforms will expand the value of our respective proposals.

“Our investment is therefore coupled with a technological and commercial partnership that will accelerate the development of our markets globally.”



Source: http://www.eurocomms.com/industry-news/11239-cisco-intersec-team-up-to-boost-big-data-analytics-capabilities

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