{"id":2523,"date":"2024-11-18T21:10:39","date_gmt":"2024-11-18T22:10:39","guid":{"rendered":"http:\/\/opiniao-publica24-7.com\/?p=2523"},"modified":"2024-11-27T15:30:57","modified_gmt":"2024-11-27T15:30:57","slug":"cisco-mgm-reach-wide-ranging-technology-agreement","status":"publish","type":"post","link":"http:\/\/opiniao-publica24-7.com\/index.php\/2024\/11\/18\/cisco-mgm-reach-wide-ranging-technology-agreement\/","title":{"rendered":"Cisco, MGM Reach Wide-Ranging Technology Agreement"},"content":{"rendered":"
Cisco (NASDAQ: CSCO) and MGM Resorts International (NYSE: MGM) today announced an expansive technology agreement under which the casino operator gains access to much of Cisco\u2019s software portfolio, including tools aimed at enhancing customer experiences.<\/p>\n The companies said the contract spans 5.5 years. Financial terms weren\u2019t disclosed. The whole portfolio agreement (WPA) adds to the long-standing relationship between Cisco and MGM and could bolster the gaming operator\u2019s efforts to enhance automation<\/a> at its integrated resorts.<\/p>\n The agreement will enable the automation of MGM Resort\u2019s network. This will pave the way for future location services and next-generation machine learning applications in the gaming and hospitality industry, unlocking new channels of guest engagement,\u201d according to a statement.<\/p>\n<\/blockquote>\n The accord will also help MGM\u2019s sustainability goals, including reduction of carbon emissions<\/a> \u2014 something that\u2019s long been a priority for the largest operator on the Las Vegas Strip.<\/p>\n In September 2023, a group of nefarious hackers temporarily crippled MGM\u2019s domestic operations, resulting in a $100 million haircut<\/a> to its 2023 third-quarter earnings and another $10 million in one-off expenses.<\/p>\n Following that event, some cybersecurity experts claimed MGM long had cyber vulnerabilities that may have enticed bad actors. The gaming company has prioritized shoring up its cyber defenses, but cybersecurity was only mentioned in passing in the press release detailing the Cisco deal.<\/p>\n<\/div>\n \u201cThis includes cybersecurity, software defined networking, software defined-WAN, digital experience assurance, full-stack observability, data center and services,\u201d according to the statement.<\/p>\n California-based Cisco is a major provider of cybersecurity products and services, including some that leverage artificial intelligence (AI) and cloud computing. Owing to the sheer expanse of the agreement, it\u2019s possible that MGM will gain access to Cisco\u2019s latest cybersecurity offerings, enabling the gaming company to bolster its defense and ward off future threat<\/strong>s.<\/p>\n One of the core themes mentioned in the Cisco\/MGM statement is the idea of the expanded agreement providing the gaming company with access to technology that can improve its automation efforts, but the firms didn\u2019t get into specifics.<\/p>\n On the consumer-facing side of the business, some casino operators currently use automation for tasks such as hotel check-in and dining and entertainment reservations. Across a variety of industries, including leisure and hospitality, automation and artificial intelligence (AI) has been tapped to bring efficiencies and reduced overhead to important though mundane back-office tasks.<\/p>\n Expanded use of AI specific to the gaming side of the business is likely to be embraced by casino operators going forward due to multiple factors. Sophisticated language learning models (LLMs) are already in use at some gaming properties, helping identify cheats and fraudulent play. Additionally, AI can provide operators perspective on slot players\u2019 betting habits and what content they\u2019re most responsive to.<\/strong><\/p>\n The post Cisco, MGM Reach Wide-Ranging Technology Agreement<\/a> appeared first on Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Cisco (NASDAQ: CSCO) and MGM Resorts International (NYSE: MGM) today announced an expansive technology agreement under which the casino operator gains access to much of Cisco\u2019s software portfolio, including tools aimed at enhancing customer experiences.…<\/p>\n\n
Some Mention of Cybersecurity<\/h2>\n
More Automation at MGM Could Be on the Way<\/h2>\n