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To offer the new service, the stockbroker acquired two Cisco Nexus 3548 switches, with additional modules that help maximize its speed, and agility in trading information between the client and the stock market. Before launching the service, Gradual was already investing to improve operational efficiency, but with it, the stockbroker has taken a new step to conquer a niche in which the client is even more demanding. The brokerage business is dynamic and depends on high speed, which makes IT the main investment in this sector.

Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30 million, in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.

The first European cohort will be selected through a rigorous multiphase selection process organized by Cisco and Pioneers leading up to the internationally renowned Pioneers Festival, taking place October 29-30 in Vienna. Cisco and Pioneers will announce the selected startups during the Festival. The selection process focuses on the viability of applicants' business plans, the strength of the teams and their alignment with Cisco's strategic focus on IoE and other opportunities. Once on-board each cohort spends six months in residence with Cisco and Cisco partners in Vienna.

Highlights:

"But this is more than just a clock," added Kawale, who officially started the clock. "It's a social portal, enabled by the 'Internet of Everything.'"

"Cisco has been leading Internet of Everything for nearly a decade. The overarching goal behind IoE is to create a world that is more efficient, clean, productive, and sustainable -in other words, smarter", said Piotr Pluta, Corporate Affairs, Cisco EMEAR. "The IoE Networking Academy Smart Grid curriculum is a practical step to qualify the Smart Grid installers of the future accelerating the impact IoE will have in Europe and around the world."

Tail-f employees join Cisco's Cloud and Virtualization Group led by Gee Rittenhouse, vice president and general manager. Under the terms of the agreement, Cisco will pay approximately $175 million in cash and retention-based incentives in exchange for all shares of Tail-f.