What Attracted the Internet Giant to Guangzhou? The Answer: Eight Treasures of Guangzhou
Release time:2017-11-17
Eight “treasures” attract Cisco to Guangzhou:
R&D; Technology; Innovation; Services; Talents; Market; Logistics; Traffic
Who is Cisco?
Cisco is a Fortune 500 company and a world leading supplier of Internet solutions and IT equipment. The first router in the world was developed by Cisco. In 2015, it ranked 76th on Forbes’ list of Global 500. Cisco entered the Chinese market in 1994. Guangdong, especially Guangzhou, has been a focus of the company.
Market blueprint
Allow citizens to enjoy Industry 4.0 services
In 2015, the acceleration of the Internet industry penetrated into the manufacturing industry. To take the first chances from this round of upgrading of manufacturing, Cisco and its partners, as traditional software and information companies, have also accelerated their transformation to develop technologies related to the Internet of Things and Cloud manufacturing.
As a manufacturing cluster of China, the Pearl River Delta region, where many manufacturers are experiencing transformation and upgrading and which serves as a low-laying land for innovation policies and private capitals, is opening up to embrace the brand-new concepts of smart manufacturing and industrial Internet.
It was learnt that, with the Internet of Things technologies, “punctual manufacturing” can be realized. The systems for parts production and assembly, logistics of raw materials and labor-hour orders can be connected so that parts from different manufacturing processes can be brought to the assembly line on time. This will greatly reduce the warehousing cost and improve the efficiency of capital flow. Guo Rong, director of the Science and Technology Investment Research Institute of the Chinese Academy of Science and Technology for Development, said that the “Made in China 2015” program of action is an opportunity for the whole world and is cultivating a large demand for technologies.
Owen Chan said that, in accordance with a framework agreement, Cisco and the partners will launch development and investment promotion activities in the startup planning area on the south of the Guangzhou Higher Education Mega Center, which covers an area of several square kilometers, to attract industrial entities and innovators. Then, the construction of Cisco Smart City will follow the concept of “integrated functions for production, academic, research, business and residential purposes”.
High-end cooperation
There has been foreshadowing for this cooperation.
Actually, in November 2014, a joint venture of Cisco and TCL, namely Guangzhou Ketian Smart Cloud IT Co., Ltd (hereinafter referred to as Ketian), was established in Guangzhou Development District (GDD). The GDD provided great support for the investment promotion so that both sides soon established mutual trust and the company was soon established. In January 2016, Ren Xuefeng, secretary of the CPC Guangzhou Committee, led a delegation to attend the World Economic Forum held in Davos, Switzerland, and witnessed the signing of the Ms soon established mutual trust and the company was soon established. In JanuarOU on the cooperation between the government of Guangzhou and Cisco. Three months later, high management of Cisco visited Guangzhou and signed formal cooperation framework agreement with representatives of the government of Guangzhou. Both sides decide to join the hand to build the Cisco (Guangzhou) Smart City in the core area of the startup zone of Guangzhou International Innovation City. Ketian may be deemed as the first step for the cooperation between Cisco and Guangzhou. Then, the launch of the Cisco Smart City project in Panyu District indicates the great determination and efforts of Cisco and Guangzhou for further cooperation. The Innovation Headquarters of Cisco in Greater China, which is directly invested by the company based in the Netherlands, is a high-level strategic layout of Cisco.
Source: Translated from Invest Guangzhou
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