Yesterday, Cisco Systems (China) Technology Co., Ltd. announced the establishment of new offices in Shenzhen, South China market, want to find more business opportunities. Vice President of Cisco China, South China, said Zhang Sihua general manager, SME frequency of large enterprises using new technologies faster, higher, information to promote small and medium enterprises will be the focus of this year, one of Cisco. It is understood that Cisco has already invested 700 million U.S. dollars in China, set up a venture fund to finance 40 new companies in China, including four in Shenzhen enterprises.
Inject 700 million U.S. dollars in China venture fund
Zhang Sihua said that Cisco's China operations in southern China on the contribution of enhanced greatly, and more frequent on the Cisco customers in Hong Kong investment in South China market, Cisco Hong Kong and southern China this year will closely linked to business, branches in Shenzhen to enhance coverage, will further increase Big on regional customers and partners in South China's support to help them innovate and gain competitive advantage. Cisco also want to look for other opportunities in South China.
Currently, Cisco has invested 700 million U.S. dollars in China, set up a venture fund to finance companies, including four in Shenzhen China, including 40 new companies. Cisco also include the Shenzhen Polytechnic University, including 10 co-established the Cisco Networking Academy to meet the economic development of Guangdong and China's rapid growth in demand for information technology professionals.
Zhang Sihua said that Cisco will continue to be additional investment in China, especially with the industry, that is, network and communication related industries.
SME market come from behind
China has gone through more than 20 cities in the bus - Cisco Mobile Exhibition Center NOWVan came yesterday in Shenzhen, the special network technology for SMEs has been driving the bus tour nearly 12,000 kilometers, is Cisco's name as "planter" .
"The huge market for small and medium enterprises Cisco's future strategic importance of the 'Blue Ocean'", Thomas Lam, president of Cisco China said it. He said China's macro-economic growth of SMEs increasingly prominent role in promoting, Cisco wants to make use NOWVan opportunities, help customers and partners to reduce the "digital divide", better use of cutting-edge Internet technology to speed up the pace of innovation.