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Cisco Outlines Globalisation Vision at Unveiling of Campus in Bangalore
Announces Additional $100 Million Venture Capital Funding to Expand Investments in Early-Stage Indian Companies
| Source: Cisco Systems, Inc.
BANGALORE, INDIA--(Marketwire - October 30, 2007) - Cisco® (NASDAQ : CSCO ) today unveiled its
state-of-the-art Globalisation Centre East campus in Bangalore at an
opening ceremony presided over by former Indian President Dr. A. P. J.
Abdul Kalam and John Chambers, Cisco chairman and CEO.
Cisco also announced that it is extending venture investment initiative in
India by another $100 million to drive growth with high-potential Indian
companies This venture investment in India is consistent with Cisco's long
track record of driving growth in the information technology (IT) market
through investment in the innovation economy. In 2005, Cisco designated an
initial $100 million in venture funding for this purpose as part of its
overall $1.1bn investment plan for India.
As the first of several potential iniatives Cisco is pursuing within the
new $100m investment goal, Cisco is collaborating with Satyam Computer
Services to explore a new venture investment. This planned new venture
will focus on optimising, deploying and managing integrated healthcare
management solutions globally, bringing together the market reach,
capabilities and experience of both Cisco and Satyam. Please see separate release for
more information.
Cisco today employs over 3000 people across India, and the first phase of
the Cisco Globalisation Centre East campus will initially be able to
accommodate 1200 personnel. Spread over 1 million square feet on the Outer
Ring Road in Sarjapur, Bangalore, the first phase will accommodate staff
from Cisco's Globalisation Centre, research and development (R&D), IT, and
customer support teams in India. In October 2005, Cisco committed US$50
million to build this new integrated campus.
The new facility will house an advanced Global Briefing Centre to showcase
Cisco's latest technology solutions and provide an environment for closer
collaboration with partners in spotlighting solutions for customers in
emerging markets such as India, China, the Middle East, Africa, Asia and
Latin America. The campus also houses the largest campus datacentre
outside the US and will provide a focal point for demonstrating
next-generation virtualisation technologies and service oriented network
architectures that support customers' global environments.
"India is at the heart of our globalisation vision and provides a platform
for Cisco to capitalise on the growth potential and lead market transitions
in the emerging world. The commitment we are making to truly globalise our
business is reflective of the changing business models of our customers and
partners. We will develop products and services here that will fully
support the goal of services-led solutions-oriented models for customers in
this part of the world," said Wim Elfrink, chief globalisation officer for
Cisco. "The new Globalisation Centre East will offer a collaborative work
environment to help us attract and retain top talent, and take full
advantage of collaborative technologies such as Cisco TelePresence to help
us scale to support our continued growth across multiple emerging
economies."
The Bangalore opening ceremony showcased potential future applications of
Cisco TelePresence technology, which allows groups in different locations
to meet around a virtual table. By demonstrating new applications beyond
the virtual meeting, Cisco is illustrating how Cisco TelePresence can be
used for a wide range of collaboration applications, effectively
eliminating distance as a barrier for organizational communications.
At the event, Cisco TelePresence was used to project full life-size images
of Cisco executives in California onto the stage in Bangalore, as if they
were there in person. The demonstration of an on-stage Cisco TelePresence
experience integrated a next-generation display technology with Cisco
TelePresence technology.
The Bangalore opening ceremony also represents the first time Cisco
TelePresence and the Cisco Digital Media System were used to publicly
broadcast live content to desktop users via the Cisco Video Portal and
participants on campus viewing Cisco Digital Signage. As part of the
event, Cisco also demonstrated Cisco TelePresence interoperability with
existing video conferencing equipment.
Cisco's new facility demonstrates Cisco's commitment to green initiatives
with sustainable design and construction into the built environment. The
initiatives implemented include transportation programmes, sun-light and
rainwater harvesting, waste recycling, the use of Telepresence, and will
actively reduce Cisco's carbon footprint as well as reduce ongoing costs
over the building lifecycle. The campus will take advantage of
next-generation workspace design best practices and harnesses Cisco
Connected Real Estate solutions to integrate building management systems
with traditionally disparate control networks for power, water and
communications into a single converged IP infrastructure.
The new facility aims to support attracting and retaining talent, with
amenities such as sports facilities including fitness center, cricket
practice pitch, multi-cuisine cafeteria, an open amphitheatre, library and
a coordinated landscape to help the employee population work, live, play
and learn. The second phase of the campus is expected to be completed by
October 2009 and will house an additional 2000 staff.
As a hub to support Cisco's growth in emerging markets, the new centre will
house multiple TelePresence facilities to help scale teams to support
customer engagements globally. In phase one, the campus is capable of
supporting 12 simultaneous TelePresence sessions, with a total of 20
TelePresence units planned to be installed across the first 4 buildings.
Cisco first established operations in India in 1995 and today employs more
than 3000 people in the country across its Globalisation Office and R&D
Centre in Bangalore, and sales offices in New Delhi, Mumbai, Bangalore,
Chennai, Kolkata, Pune, Hyderabad and Colombo, Sri Lanka.
About Cisco
Cisco (NASDAQ : CSCO ) is the worldwide leader in networking that transforms
how people connect, communicate and collaborate. Information about Cisco
can be found at http://www.cisco.com. For ongoing news, please go to
http://newsroom.cisco.com. Cisco equipment in India is supplied by Cisco
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