Amazon shares rise amid Cisco, AWS partnership announcement

Amazon shares rise amid Cisco, AWS partnership announcement

Amazon shares are higher Thursday, as the tech giant’s AWS arm and network gear maker Cisco announce a partnership to create a software tools to help Cisco customers use Amazon’s data centres. The move should help Cisco gain more income from the cloud business as its customers increasingly utilise cloud-based software.

By 1830 BST, Amazon shares were 0.15% higher at $1,758.08. Cisco shares rose 0.55% to $48.16.

Amazon AWS works with Cisco

Earlier Thursday, Cicso announced that it was working with Amazon’s AWS, to create new software solutions to help its customers better utilise AWS.

The hybrid solution for Kubernetes is set to be available to users from December 2018. The move comes as Cisco works to find a new growth avenue after its hardware sales continue to lose ground.

Bringing cloud-based solutions into Cisco’s growth plans may mark a shift from its previous strategy. However, it’s likely one that should prove supportive – particularly by working with AWS, one of the most popular cloud-based service providers among big business.

“Today, most customers are forced to choose between developing applications on-premises or in the cloud. This can create a complex mix of environments, technologies, teams and vendors. But they shouldn't have to make a choice," said Kip Compton, senior VP, Cloud Platform and Solutions at Cisco.

“Now, developers can use existing investments to build new cloud-scale applications that fuel business innovation. This makes it easier to deploy and manage hybrid applications, no matter where they run. This allows customers to get the best out of both cloud and their on-premises environments with a single solution,” Compton added.

Cisco software tools

The software tools Cisco is developing to use on AWS, also be available to non-Cisco customers, although additional security will be required.

“More customers run containers on AWS and Kubernetes on AWS than anywhere else,” said Terry Wise, Global Vice President of Channels & Alliances, AWS. “Cisco's integration with Amazon EKS will make it easier for them to rapidly deploy and run containerized applications across both Cisco-based on-premises environments and the AWS cloud.”

By Ilona Billington
Ilona is a freelance writer and editor with over 15 years experience reporting and writing about UK and European economics, real estate, financial markets and central banks.

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