--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Trade & Foreign Investment

Hot Links
China Development Gateway
Chinese Embassies

Cisco Systems Expands Fast

Cisco, the world's largest computer network equipment maker, finished its 100th acquisition early this month. The deals were done within 10 years of John Chambers' taking over as CEO in 1995. In 2004, Cisco's revenue increased to US$22 billion from US$1.2 billion in 1995.

"Acquisition is ongoing," President and CEO of Cisco Systems John Chambers said.

"We believe acquisition is an effective way to grow."

Cisco has been entering new markets through acquisitions.

It will continue to seek new investment opportunities. It will "get the best company to acquire" and attract the best talents, he said.

Chambers thinks highly of the Asian Pacific region.

"The Asia Pacific region has been our fastest growing market year on year," he said. A large part of Cisco's manufacturing comes from this area.

Chambers said many of his partners have said his behavior and style are somewhat Asian.

At Cisco's headquarters, 60 percent of the staff have Asian backgrounds.

In the Asia Pacific region, China, the most populous country in the world, has a great IT education system, indicating a huge potential for investment and personnel, Chambers said.

He has a special interest in China, doing business here for the past two decades. "If I wasn't American, I would be Chinese," he said.

Cisco's latest moves in China include opening the Urumqi representative office and expanding the Shanghai research and development centre this month.

The Shanghai centre, at a cost of US$32 million, is recruiting around 100 Chinese engineers to work better in the local market and cut costs.

"Labour is a very challenging issue. Through the R&D centre in Shanghai, we hope to have a better situation for labour costs in China," said Mike Volpi, Cisco's senior vice president.

"The most important thing in IT is not technology, but the people, the process." That is why Cisco has established around 200 networking academies around the country in co-operation with Chinese universities. These academies provide online and offline programmes which have trained thousands of Internet professionals.

Cisco entered China 11 years ago. So far, it has invested in six Chinese companies including the Shanghai-based Shanda Interactive Entertainment, the biggest Chinese online game operator.

All Cisco's acquisitions in China are made through the Softbank Asia Infrastructure Fund, set up by Cisco and Japan's Softbank.

"Our investment returns from China are better than those from America," Chambers said.

Cisco, with routers and switches as its core products, faces challenges from major Chinese companies like Huawei Technologies and ZTE Corporation, which are quickly expanding in both domestic and overseas markets, with cheaper products.

But "we don't have an architecture business competitor, competition comes from one or two products, and competition varies by market," Chambers said.

Cisco router has competitors in China like Huawei and ZTE, but "we don't compete much," said Volpi, who is also the general manager of Cisco's Routing Technology Group.

Cisco has 70 percent of the market share in routers globally, he said.

Volpi also ruled out the possibility of Cisco buying Huawei.

The company is expected to manufacture 40 percent of its products in China in the coming years to cut costs. All Cisco's products are done through outsourcing.

The Shanghai R&D centre will start from the telecoms sector and expand to other areas in the future.

"China's economy is developing rapidly, we hope it will continue to develop, and people will pay more for out products," Volpi said.

Cisco will aim to educate customers and improve distribution channels in China, he said.

"We'll continue to work on new services," as Cisco has expanded, from routing and switching, to six new fields: IP (Internet protocol) telephony, storage, security, wireless, home networking and optical networks.

"More boxes, more problems; less boxes, less problems," Volpi said, as to why Cisco is pursuing new technologies and products. The company is making efforts to put different products in one network.

"What customers want today? Integrated network," said Charles Giancarlo, Cisco's senior vice president and chief technology officer. "(It's) not only cost saving, but also provides services very quickly."

One network combines many uses; the network realizes the virtualization of resources and services. This is Cisco's blueprint for an intelligent information network in the coming three to five years.

Cisco also has branches in Beijing, Shanghai, Guangzhou and Chengdu. It also set up representative offices in Nanjing, Xi'an, Shenzhen and Urumqi.

(China Daily June 17, 2005)

China Chooses Cisco Systems for Network
CISCO to Invest US$32 Million in China
Huawei and Cisco Settle IP Dispute
Huawei Reported to Withdraw Software from US Market
Cisco Considered Upset by Rising Competitors
Cisco, China Telecom Team up for Broadband Network
Cisco, HP, Panduit, Sun to Broaden Networking Curriculum
Cisco to Back up CRNet Expansion
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 好吊妞视频这里有精品| 欧美又粗又长又爽做受| 国产a级午夜毛片| 麻豆视频传媒二区| 国产精品久久久久久久久齐齐| 99久久精品国产免费| 娇妻当着我的面被4p经历| 中文字幕第12页| 日本欧美视频在线观看| 乌克兰大白屁股| 欧美亚洲国产片在线观看| 亚洲熟女综合一区二区三区| 男人女人真曰批视频大全免费观看| 又湿又紧又大又爽a视频| 色妞色视频一区二区三区四区| 日韩精品无码一区二区视频| 亚洲欧美另类久久久精品能播放的 | 最新欧美一级视频| 亚洲日本黄色片| 永久黄网站色视频免费直播| 人妻少妇偷人精品视频| 精品伊人久久久大香线蕉欧美| 国产乱妇无码大片在线观看| 高清韩国a级特黄毛片| 国产成人综合日韩精品无码| 亚洲制服欧美自拍另类| 国产精品无码素人福利| 777四色米奇欧美影院| 国内精品区一区二区三| 久久人人爽人人爽人人片av高请| 最近免费中文字幕大全高清大全1| 亚洲午夜一区二区三区| 欧美日韩亚洲成色二本道三区| 亚洲毛片免费看| 欧美高清在线精品一区| 啊轻点灬大ji巴黑人太粗| 色综合久久精品中文字幕首页| 国产偷国产偷亚洲高清日韩| 隔壁女邻居在线观看| 国产午夜精品一区二区| 风间由美一区二区播放合集|