With trillions of new "connected events" predicted to occur over Internet networks in the next decade, service providers have significant monetization opportunities during this timeframe, particularly in certain vertical markets, such as healthcare ($174 billion), manufacturing ($284 billion), and smart homes ($850 billion).

The NCS family, with more than 100 patents, joins the industry-leading Cisco Carrier Routing System (CRS) and Aggregation Services Router (ASR) families and acts as a foundational network fabric to interconnect the architecture, delivering the following benefits:

Scale: Industry's only system built for petabit scale, capable of supporting trillions of events across a connected fabric.  The NCS is capable of transporting the entire Netflix library in less than one second.

Agility: Industry's first carrier-grade, programmable convergence system designed for advanced virtualization capabilities.  The NCS extends, connects, controls and responds to applications, networks and data centers by managing and moving network and compute resources wherever and whenever they are needed across the architecture, in real time.

Efficiencies: When deployed as part of the Cisco ONE Service Provider Architecture, which embraces and extends SDN/NFV, the Cisco NCS family can help network operators reduce total cost of ownership by 45 percent while consuming 60 percent less power.

Also Read: Meet The Executives Involved In Microsoft's Massive Reboot

Also Read: Prem Watsa, The Indian Behind BlackBerry's $4.7 Billion Buyout