For many IT companies, the growing popularity of cloud computing is an important opportunity, and for network hardware companies like Cisco is no exception... The emerging SaaS technology is currently gaining momentum, and SaaS software vendors' efforts to promote the development and adoption of on-demand applications are critical to their eventual success in this space.
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Cisco's current goal is to become a cloud builder, both public and private, and Cisco hopes its cloud applications will one day compete with Google Apps.