Today, Cisco is announcing its intent to acquire the Advanced Analytics team and associated advanced analytics intellectual property developed by Saggezza, a privately-held technology services company.
As applications are moving to the cloud and billions of things are connecting to the network, our customers need a way to see and manage these increasingly complex networks. Cisco believes that analytics will play a critical role in building the next-generation of simplified, dynamic, automated networks. Network analytics form a critical piece of Cisco’s goal to provide comprehensive, end-to-end analytics solutions that span the entire technology ecosystem—including network, cloud, data center, security, applications, and business processes.
The Advanced Analytics team is a select group of platform analytics experts within Saggezza with unique capabilities in cloud and secure platform development. This team has been responsible for developing innovative technology that powers Saggezza’s internal analytics platform, which enables customers to rapidly acquire and analyze data, creating complex rules and new data visualization applications. With today’s announcement, we will acquire a cohesive and high-performing team of analytics experts to bolster our ongoing innovation in this space. Similar to our just-announced intent to acquire Viptela, the infusion of Saggezza’s talent and technology will help accelerate development efforts related to Cisco’s Digital Network Architecture (DNA), our transformational architecture to more effectively automate network operations.
The Advanced Analytics team from Saggezza will join the Cisco Enterprise Networking Engineering Group, led by Senior Vice President Ravi Chandrasekaran. The acquisition is expected to close in the fourth quarter of Cisco’s fiscal year 2017.
Really great news !!
Great initiative, It will be good if they also increase the number of hires in analytics domain and brings up fresh ideas and talent on board.
Just great ! Right direction !!
Great..
Working in the tech field, I’ve heard of this software, but didn’t know it was big enough for Cisco to grab up. Missed my chance again!
Great !!
Another milestone in Karthik”s career. Congrats. Keep it up.
Great move..
Congratulations Akshay…..well done
Pleased to announce we have completed the acquisition of Saggezza’s Advanced Analytics team! More information here