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Share Name | Share Symbol | Market | Type |
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Cisco Systems Inc | NASDAQ:CSCO | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.35 | 0.75% | 47.14 | 46.27 | 47.20 | 47.40 | 46.84 | 47.10 | 17,935,304 | 05:00:04 |
In collaboration with Cisco, Verizon successfully demonstrated Cisco’s open-source ICN software and validated its benefits over standard TCP/IP solutions for optimized mobile video delivery in a lab at the Verizon Innovation Center in Waltham, MA.
The demonstrated benefits include key features of the ICN communication model – including dynamic adaptive streaming solutions and dynamic load balancing of media – which will lead to a better user experience. In the network, forwarding/caching strategies maximize traffic localization and bandwidth savings in backhaul/core via enhanced multicast.
Subsequently, Verizon also successfully demonstrated key features of Hybrid-ICN by simplifying the insertion of ICN technology in existing IP infrastructure and enabling coexistence with legacy IP traffic.
“The Hybrid-ICN solution delivers all the benefits of ICN communication with minimal existing IP infrastructure upgrades required,” said Srini Kalapala, vice president, Technology Architecture and Strategy at Verizon. “By demonstrating the benefits of a virtualized Hybrid-ICN network at scale, we showcased how the technology can simplify the way users access content in a mobile environment and lead to a better user experience. We’re pleased with the results of our collaboration with Cisco and with the promise of the technology.”
“Cisco’s Hybrid-ICN solution provides secure content-intelligent transport for network service providers,” said Dave Ward, senior vice president, CTO of Engineering and Chief Architect at Cisco. “Through our co-development with Verizon, we found that H-ICN empowers the network edge with low latency caching and computing capabilities for the support of new revenue-generating applications such as enterprise multi-radio access, augmented and virtual reality, and IoT for 5G.”
About VerizonVerizon Communications Inc. (NYSE:VZ) (Nasdaq:VZ), headquartered in New York City, generated $126 billion in 2017 revenues. The company operates America’s most reliable wireless network and the nation’s premier all-fiber network, and delivers integrated solutions to businesses worldwide. Its Oath subsidiary reaches about one billion people around the world with a dynamic house of media and technology brands.
About CiscoCisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks.
VERIZON'S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
Media contacts:
Chris McCannVerizon908.559.8135christopher.mccann@verizon.com
Sara CiceroCisco770.331.0269stutzes@cisco.com
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