Ciena Networks
The underwater world becomes increasingly important The news from Southern Cross/Siena is important in several ways. First, it shows the growing demand for subsea infrastructure. This is very important because 99% of the world's internet traffic goes through submarine cables, and Ciena expects this market to grow at around 40% per year in the near future. Submarine cables are certainly an area that is increasingly being driven by hyperscalers. Google, Amazon Web Services, Microsoft (Nasdaq: MSFT), and Facebook/Meta Platforms (Nasdaq: META) are among the largest sponsors of submarine cable projects around the world. Ciena project also demonstrates a growing list of requirements for advanced optical switching. Intelligence, mesh networks, and advanced coherent optics are prerequisites for the high-speed networks that will carry Internet traffic in the future. The collaboration between Ciena networks and Southern Cross NEXT is a step toward owning a piece of that future. Th
