Sunday, May 27, 2012

Traffic jam ahead? Cisco predicts massive Web growth - Silicon Valley / San Jose Business Journal:

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The forecast is slightly below an earlier one from theSan Jose-basedd networking equipment company (NASDAQ:CSCO), due to the globao economic slowdown. Last year, Cisco predictedc that traffic would hit 522exabytes (equal to 522 billio n gigabytes) by the end of 2012. Now it predicts annuapl traffic to reach 510 exabytes bythat time. The companyh says that Internet videoi will make up about for 60 percent of all consumer Interne traffic infour years, up from abouy a third of all traffic When all forms of videop are factored in — including TV, video on P2P and Internet — it is predicted to represent 91 percentr of all global While good news for networking equipmentr companies like Cisco, such a surge represents a challenge for telecom provideras like (NYSE:VZ), (NASDAQ:CMCSA) and (NYSE:T) and is likely to feed the debatd on whether they should be allowed to cap videop use by their customers.< br />

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