Cisco’s Take on Emerging Economies during WEF in Davos, Switzerland
In case you missed these on our main ‘the Platform’ blog, some interesting insights on the role of emerging markets within the global economic environment came out of our presence at the World Economic Forum in Davos, Switzerland over the weekend.
Firstly Paul Mountford, Cisco’s president for Emerging Markets outlined the differences between the somewhat gloomy atmosphere last year and a more upbeat focus on rebuilding, redesigning and rethinking this year.
Cisco CEO John Chambers also addressed the broad question of growth in emerging markets in an interview with Mario Bartiromo on CNBC during WEF. Based on his discussions with leadership in China, India and 5 leaders in the Middle East that he met with last week ahead of his visit to Davos, Chambers talks about his view that emerging markets are poised to come back in a big way.
CNBC writes: “Most of the global economies have stabilized,” John Chambers, CEO of Cisco, said. “Here in Davos, the mood is much more positive than a year ago, especially for the technology companies. And that’s natural because when economies start to recover, you apply first technology – get your productivity up – then you add jobs.
You can watch John’s response here directly on CNBC’s website here.
What’s your view? Are emerging markets coming back in a big way?
Cisco was also recognised for its work in corporate social responsibility in China during WEF. Cisco’s SVP of corporate affairs, Tae Yoo, received the award at a dinner sponsored by Chinese broadcaster CCTV. You can watch her receiving the award here:
Thanks to my colleague John Earnhardt from the Platform for the on the spot reporting in Switzerland around this.