Cisco Systems is committed to move forward with your Internet business objects to be scanned and investing in promising companies and basic technology infrastructure construction.
The company has organized an exhibition of technology, Cisco Connect Korea 2015 COEX in southern Seoul on Wednesday. He invited his partners on the Internet of Everything (OIE) business, the version of Cisco's Internet of things, and stressed that the technology has already been used in various industries.
The digitization is no longer a choice, because the breaking digital has become the key tectonic shift at this time, the president of Cisco Systems in Asia Pacific and Japan Irving Tan said during a press conference. The key question now is how to digitize successful companies and nations to give them greater flexibility and security.
Tan said that Cisco had invested $ 1 billion in business solutions products and OIE and make another investment of $ 1 billion by 2017. He said the company has provided consulting services and analysis on the basis of the IBE technology including determining Innovation Centers in the OIE Global Center of Excellence (GCOE) in Songdo, Incheon.
Derek Idemoto, vice president of corporate development division of Cisco, said the company was investing in activities of 80 companies in the portfolio manager and more than 35 are funds.We integration and maintaining a balance between technological infrastructure construction, 'purchase promising companies and the creation of alliances, he said. We are making investments, both for strategic and financial reasons.
Idemoto said Cisco had made investments subject, reaching $ 300 million in areas such as analysis of big data, mobility and technology related content ecosystem. He said the GCOE in Songdo was also part of the subject investment.At the conference, Cisco partners, N3N, Rockwell Automation and NAMOO I & C, were invited to present their portfolios OIE technologies and business.
N3N President Jimmy Kim said that the company had successfully supplied display technology OIE for large conglomerates such as Samsung, LG and POSCO in collaboration with Cisco. The technology is used to display data from sensors and cameras to the central division control, said Kim. Said Cisco provides marketing channels and ability N3N to sell products all over the world.
Rockwell Automation develops systems to automate factories using technology OIE. Rockwell Automation Korea marketing director Lee Soon-Reul said he expects OIE industrial market to generate $ 14 trillion won in economic value, once powered up successfully from the cloud, mobility and big data analysis technologies I & C .Namoo CEO Cho Young-hwan, said his company has developed technology systems that collected the data processed for the divisions of central control to analyze and better use.
We stress the OIE, in the case of this year, after last year, and now the nation, government agencies and academic institutions have shown interest in technology OIE and how it changed the world, said Cisco Systems Korea CEO Chung Kyung-won. We will continue to reflect on how to apply this technology to the industries and jobs this year.
