Cisco Networking Cloud
I mean, of course they're going to put "Cloud" into the name of whatever they do. Everybody does nowdays. More's the pity.
But in this case, it makes me think of Netgear's latest offerings, which (last I looked) wanted to phone home to some Netgear cloud thing in order to license and unlock parts of the feature set which, to any reasonable network or system operator, should be onboard and unencumbered.
I'd like to think cisco will bollocks their incarnation somewhat less than netgear did, but I wouldn't bet my own money on it either way.