Cisco Systems, Inc. (NASDAQ:CSCO) and India-based Reliance Jio Infocomm Ltd. built the world’s largest all-IP digital services platform, Cisco said Feb. 27.
The all-IP digital services platform allows Reliance Jio to offer a combination of high-speed data, mobile video, VoLTE, digital commerce, media, cloud, and payment services in India.
It is the first network of its kind globally with the fastest growth to 100 million broadband and VoLTE customers, reaching the milestone within six months of launch, Cisco said in a statement.
Technology is the biggest driver of economic development in India. The network, built on Cisco’s Open Network Architecture and Cloud Scale Networking technologies featuring IP/MPLS, will help the Indian company to deliver the vision of Digital India. It will also help the company to transform the delivery of citizen services from transportation, utilities and financial inclusion to entertainment, agriculture, education, and healthcare in the country.
Reliance Jio’s network has exceeded consumption of more than 1 exabyte of data per month. The company has more than 185,000 miles of fiber in the country. It built India’s largest cloud data center to develop platforms for applications and vertical solutions.
“The all-IP network is built for the ever-increasing volumes of data, and its promise to shape the future of India, with end-to-end digital solutions and broadband for all,” Cisco said in the statement.
Since its launch, Reliance Jio has accelerated India’s monthly user data consumption 40 times, the highest in the world. The advanced all-IP network allowed the company to offer a premium broadband service at U.S. $0.15/GB, making it the most affordable in the world.
“We at Jio have been able to fundamentally impact how people leverage technology in their everyday lives by delivering inclusive and affordable broadband across India,” Reliance Jio President Mathew Oommen said.
“As part of our journey in fulfilling the aspirations of the nation to be a key transformational agent in Digital Adoption and Leadership, Cisco has been a great partner for in building this highly scalable cloud-centric All-IP Digital Services Network Platform meeting unprecedented data growth,” Oommen added.
In other news, Cisco Systems, Inc. (NASDAQ:CSCO) and Vodafone launched GigaTV, a cloud video service, in Germany.
The service consumers in Germany to access a vast selection of channels and video-on-demand (VoD) offers. Powered by the Cisco Infinite Video Platform, the service is accessible through a TV set-top box or smartphone and tablet applications.
Investors seem to be happy with Cisco. The company’s stock is up more than 13% for the year. During the past three months, the stock has gained nearly 14%.