According to the Cisco Visual Networking Index, China’s internet traffic will grow 600 percent in the next two years. At that point, China will also be home to nearly a quarter of the world’s broadband users and 21 percent of the world’s connected devices. This substantial growth, combined with the country’s rapid urbanization, opens the door to many new business opportunities.
With this in mind, Cisco today announced the latest in its strategy to capitalize on the growing China market, a US$ 200m joint venture with China Electronics Software Information Service Co., Ltd. Cisco will contribute 43% and China Electronics Software Information Service Co., Ltd 57% of the joint venture funding. The joint venture agreement is subject to the appropriate regulatory approvals.
The joint venture will provide valuable end to end solutions for public services and industry applications. For example, one solution may be an education cloud to help parents, teachers, and students in schools all across China access the latest education material through interactive whiteboards, laptops, tablets, and other devices.
Based in Shanghai, the joint venture will create new, open standards-based products not currently offered by Cisco, and integrate those new products with existing technologies and create cloud-based solutions including cloud storage, cloud management and network transportation, for public and private projects in China.
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Tags: China, Joint Venture, JV
Yesterday at the Cisco Asia Pacific, Japan and Greater China Partner-Led Network Conference that took place in Bangkok, we took the opportunity to announce the recipients of the Cisco Smart Service awards. The purpose of these awards is to recognise our partners and customers from the region who showed forward-thinking approaches in the delivery and integration of Cisco Smart Services. The winners were chosen for their innovation and expertise that enable “Smart Everywhere” for their end-users across the region.
The awards are divided up into three categories; partner awards – for partners who used Smart Services to accelerate growth of their services business; vendor awards – for vendors who have demonstrated innovation and operational excellence for Cisco Services; and customer awards – for those customers that have used Smart Services to fuel their business performance, efficiency and productivity.
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Tags: Asia-Pacific, Australia, China, Japan
By Peter Ford, Director, IBSG Service Provider
Service providers in developing countries have the potential to kick-start economic growth by helping small and medium-sized businesses (SMBs) take advantage of information and communications technology (ICT), especially cloud services. The “greenfield” nature of ICT in many emerging economies creates the opportunity to “leapfrog” to cloud computing.
For some time, governments have recognized the role of broadband in supporting economic development. The World Bank states that for every 10 percent of broadband penetration in a developing economy, there is typically a 1.38 percent increase in GDP.
Each year, there have been tangible improvements in broadband networks across emerging markets. However, in Read More »
Tags: #economic growth, brazil, broadband penetration, China, Cisco, cloud, digital divide, economic development, emerging countries, France, IBSG, india, mexico, Russia, Service Provider, smb, SP, United Kingdom, united states
Those of you who have visited Hangzhou will know that it is one of the most beautiful cities in China with the stunning West Lake as one the city’s key attractions. Hangzhou plays a key role in Cisco’s innovation and research and development strategy for China, with one of our main R&D campuses based in the city. Hangzhou is also home to Insigma, a global strategic IT services and solution provider that works with leading companies around the world. Insigma collaborates closely with Zhejiang University, one of China’s oldest and most prestigious universities, based in Hangzhou. The city was therefore the perfect setting today to announce a strategic collaboration with Insigma which will deepen Cisco’s expertise in Smart+Connected Communities (S+CC) in China.
Hangzou West Lake
As part of the collaboration, Cisco and Insigma have made a strategic investment in City Cloud International Co., Ltd., a company that will help scale the devopment of S+CC in China using intelligent networks to deliver new, platform-based cloud services across the country. Cisco has a strong collaboration with Insigma on S+CC; the company announced its smart city strategy at the Cisco Pavilion at the World Expo 2010 in Shanghai.
China’s urban population will expand to the 1 billion mark by 2030 with 350 million added to the urban population by 2025. The country will have 221 cities with a population of more than a million. I’m Dutch, and to put that in perspective, the whole of Europe has only 35 such cities today. 5 billion square meters of road will be paved. 5 million buildings will be built of which 50,000 could be skyscrapers – the equivalent of constructing up to ten New York cities. This unprecedented pace of urbanization in China is accompanied by rapid growth in the adoption of technology: video-on-demand traffic; the Internet of Things and data passing through the cloud. Cisco estimates that by 2016, China will be the second highest IP-traffic generating country in the world.
At Cisco, we truly believe technology will play a key enablement role in the achievement of China’s ambitious goals, as outlined in the 12th Five Year Plan. Sustainable urbanization, access to healthcare for everyone at an affordable cost and educational scaling can only be achieved via technology and new business models such as cloud computing. The future of competition will be between cities. Enabling overall sustainability – economic, social and environmental – using technology, will be integral for cities to develop and prosper.
Madam Jiang Yi, CEO of Insigma Technology Company Ltd. and Owen Chan of Cisco conclude the proceedings
City Cloud International Co., Ltd. will help build Smart+Connected Communities thought leadership, platform and solutions using intelligent networks to deliver public and private services in cities across China. There has been great collaboration between the leadership teams of Insigma, which is backed up by the Zhejiang University, and Cisco led by our Greater China Chairman and CEO, Owen Chan. We are very excited about the innovation we can create for the city of Hangzhou, the province of Zhejiang and the whole of China.
At Cisco, we believe that we are creating a new industry for this next generation of smart+connected communities that will depend upon five key areas: visionary leadership, global open standards, smart regulation, public private partnerships and a new ecosystem. Our collaboration with Insigma through City Cloud International Co., Ltd is a great example of these five key areas coming together.
Tags: China, Cisco, Smart + Connected Communities, Smart Cities
Meet Muzhi: Early Adopter of Social Media in Greater China
A Client Services Manager based in Shanghai, China, Muzhi is one of the earliest proponents of social media in his country. He became a member of the Cisco Greater China Social Ambassador Program (a company-wide initiative with the goal of increasing the breadth and depth of SME engagement with social media) shortly after it was launched in November 2011. Thereafter, Muzhi joined Sina Weibo (China’s most widely used micro-blogging site akin to a hybrid of Twitter and Facebook) and created a personal Sina blog which he uses for discussions and educating others about technology.
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Tags: best practices, China, greater china social ambassador program, lessons learned, meet our SMEs, SME, social media, subject matter expert