Cisco has launched a range of new products and services within its cloud portfolio at the company’s flagship annual event Cisco Live.

Cisco said it has released a hybrid cloud solution called Cisco Intercloud which is intended to lower the total cost of cloud services ownership for IT organizations and “pave the way” for interoperable and highly secure public, private and hybrid clouds.

Other new products and services within the extended cloud portfolio include Cisco Validated Design (CVD) for Cisco/Red Hat integrated cloud management and provisioning, services for cloud strategy, management and operations and Intelligent Automation for Cloud (IAC) 4.0.

Cisco said its Intercloud is part of the Cisco One Platform and is infrastructure software that will support hybrid clouds by allowing organizations to combine and move workloads across various public or private clouds whilst maintaining associated network and security policies.

The company said on-demand flexibility and workload portability will allow companies to cost-effectively select their optimal cloud strategy.

Cisco said its InterCloud has been designed to move workloads to and from multiple public clouds, including Amazon Web Services and Microsoft Corp's Windows Azure.

Cisco’s president of development and sales Robert Lloyd said the company introduced “the world of many clouds” two years ago and has helped companies shape their own unique cloud “journeys”.

“… cloud workload portability will deliver immense benefits to cloud providers and cloud customers, paving the way toward an open and highly secure cloud ecosystem that delivers greater levels of agility, transparency, and speed of deployment,” Lloyd said.

As part of the Cisco ONE technology solution, Cisco said InterCloud will be integrated into higher-level management frameworks, such as Cisco IAC or other leading cloud management solutions provided by Cisco's partner ecosystem.