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
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 Systems International BV, a wholly
owned subsidiary of Cisco Systems, Inc.
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