On Tuesday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), gained 3.06% to $26.30.
Verizon unveiled its new software-defined WAN service using Cisco’s Intelligent WAN (IWAN) technology that harnesses the power of the Internet with the performance and reliability of a private IP network, to assist enterprises keep up with the continued growth of network traffic.
“With Verizon’s new service, we are taking our IWAN solution to the next level,” said Jeff Reed, vice president of the Cisco Enterprise Infrastructure Solutions Group. “Cisco IWAN’s open architecture enables Verizon to offer a flexible, highly secure and reliable service to its enterprise customers. With IWAN as the foundation and Verizon’s expertise in network administration, the solution will enable enterprises to improve the application experience for their employees and customers.”
Through Cisco’s software-defined WAN solution, Verizon is enabling a:
- Better User Experience: Integrated application optimization for improved and faster application performance
- Highly Secure Infrastructure and Applications: Robust, highly secure and certified routing platforms (ISRs and ASRs)
- Low Operational Cost: Intelligent Path Control to fully utilize both MPLS and the Internet
- IT Agility: Provision new sites and services faster with a hybrid WAN to support key business initiatives
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
Shares of Itaú Unibanco Holding S.A. (NYSE:ITUB), inclined 2.19% to $7, during its last trading session, as the Brazilian real benefits from a speculated government stimulus in China, Brazil’s top trading partner.
Brazil’s currency is rebounding 0.9%, from its lowest point since October 2002, as a decline in China’s exports and imports led analysts to speculate about further stimulus measures by the Chinese government, according to Bloomberg.
“Brazil is surfing the wave of global optimism,” Alvaro Bandeira, an economist at Banco Modal, told Bloomberg. “Bets on further Chinese support are bringing some relief to our exporters, at least in the short term.”
Brazil’s currency had been nearing 13-year lows in recent weeks, and the country faces its longest recession since the 1930s due in part to a decline in commodities prices prompted by China’s prolonged financial slowdown.
Itaú Unibanco Holding S.A. provides various financial products and services to individuals and corporate clients in Brazil and internationally. The company operates through Commercial Bank Retail, Consumer Credit Retail, and Wholesale Bank segments.
Finally, Lowe’s Companies Inc. (NYSE:LOW), ended its last trade with 2.23% gain, and closed at $69.31.
The Z-Wave Alliance, a global consortium of over 325 member companies supporting the Z-Wave wireless IoT standard, is excited to declare that home improvement company Lowe’s has joined its membership with the Iris by Lowe’s smart home solution. A retail destination for a variety Z-Wave smart home devices, Lowe’s joins a diverse and growing membership of companies committed to the Z-Wave brand.
“As the awareness of the smart home concept becomes more prevalent among consumers with big players entering the market, the demand for DIY smart home solutions grows,” said Mitchell Klein, executive director for the Z-Wave Alliance. “As with construction and home repair, we need retailers like Lowe’s to offer a combination model of do-it-yourself with knowledgeable staff and education to assist consumers get started.”
Launched in July 2012, Iris by Lowe’s is a smart home solution created to monitor and control virtually everything in the home anytime, anywhere, from a computer, smart phone or tablet. Lowe’s was among the first companies to target the mass consumer market with a broad home automation solution and to introduce a truly open platform, with the customer support that consumers have come to trust from Lowe’s.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.
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