Brazil comes to Silicon Valley
On Monday July 17th, a Brazilian Government delegation lead by Paulo Bernardo, minister of communications, visited Cisco’s headquarters in Silicon Valley. John Chambers, our CEO, hosted the delegation, reinforcing our long term commitment to help Brazil become a global leader in the ICT sector and in Smart and Connected Communities.
The delegation included Brazilian Minister of Communications Paulo Bernardo, Secretary of Telecommunications Maximiliano Martinhão, Secretary of Innovation Nelson Fujimoto and Secretary of ICT policy Virgílio Almeida. The group also included representatives of Brazil´s telecommunication regulatory agency (Anatel), Brazil´s development bank (BNDES) and Brazil´s trade and investment promotion agency (APEX).
The delegation visited Cisco’s San Jose Executive Briefing Center, where they experienced demonstrations of main Cisco technology solutions and exchanged ideas with industry and technology experts about innovation strategies for Brazil. The key technology solutions showcased included those for urban development, large events, Connected energy, and physical safety and security..
Cisco CEO John Chambers welcomed the Brazilian authorities along with global executives from Cisco, including Wim Elfrink, chief globalisation officer and executive vice president for the Emerging Solutions Group, and Chuck Robbins, senior vice president of the Americas.
Recently, Cisco has announced strategic investment initiatives in Brazil to foster innovation, transformation and socio-economic development, expanding Cisco’s presence in the country and highlighting the importance of investments in information and communications technology for the country’s growth and competitiveness. Cisco announced on April it will invest over R$ 1 billion during the next four years around four main pillars: the opening of a Cisco Center of Innovation in Rio de Janeiro; investment in Brazil-focused technology venture capital funds; the expansion of local manufacturing in the country; and intellectual property agreements and partnerships with Brazilian companies and entities to co-develop innovations to better serve the Brazilian market.