As businesses increasingly embrace private, public, and hybrid clouds to cost-effectively and quickly deliver business applications and services, Cisco on Monday announced plans to build the world’s largest global Intercloud — a network of clouds — together with a set of partners. The Cisco global Intercloud is being architected for the Internet of Everything, with a distributed network and security architecture designed for high-value application workloads, real-time analytics, “near infinite” scalability and full compliance with local data sovereignty laws. The first-of-its-kind open Intercloud, which will feature APIs for rapid application development, will deliver a new enterprise-class portfolio of cloud IT services for businesses, service providers and resellers.