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Cisco draws up big plan for 皇冠体育app
By Li Weitao (皇冠体育app Daily)
Updated: 2008-04-17 09:29 US computer networking giant Cisco Systems aims to grow 皇冠体育app into one of its top three markets within five years, a company executive said yesterday.
Company Chairman and CEO John Chambers said 皇冠体育app, which is "in a dynamic state of transition", is emerging as a strategic market for Cisco, the world's largest maker of routers, switches and other equipment that make up the Internet. The ambitious goal comes on the heels of a $16 billion expansion plan for 皇冠体育app unveiled by Cisco in November. And it comes at a time when 皇冠体育app is overtaking the United States as the world's largest Internet population, and businesses in the country are embracing networking technologies, especially network-enabled collaborations, to cut costs and increase operational efficiency to compete in a globalized market. This is fueling demand for expansion and upgrade of the country's Internet networks, which could unleash orders for networking gear and services provided by Cisco. Chambers said Cisco will sign a memorandum of understanding today with the National Development and Reform Commission (NDRC) to cooperate in a number of areas, including the next-generation Internet, and green research and development programs. The NDRC has been spearheading research and building of the 皇冠体育app Next Generation Internet (CNGI), which could offer faster and more secure access, and larger network capacity. (For more biz stories, please visit Industries)
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