Cisco Systems, Inc. CSCO has announced that it will launch Tetration Analytics, which is a new analytics suite for data centers and includes machine learning.
UBS’ Steven Milunovich maintains a Buy rating on the company, while raising the price target from $30 to $32.
Tetration Analytics
“If Cisco can innovate new machine learning techniques combined with SDN automation and reports from millions of its customers' devices, it might be in able to automate data centers at a level unavailable to other vendors and put private cloud more on par with public cloud automation,” Milunovich mentioned.
Tetration Analytics is expected to be available in July, as a server appliance and licensed software.
What Tetration Offers
Milunovich pointed out that Tetration would offer a complete view of the data center, with machine learning enhanced analytics.
The three elements of this appliance would be data collection via software sensors, a large scale platform for analytics and actionable insights being available in real time.
According to the UBS report, “The competition mostly is internal monitoring—no vendor yet provides the completeness Cisco proposes. Cisco IT has been running it a year and has reduced VMs by almost 50 percent.”
Given that it can have more than one use case, offering significant cost savings by identifying underutilized assets as less as having the capability to tie into security, Cisco Systems intends to sell it through both its data center and security forces.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.