Cisco Systems, which sells telecom equipment and video conferencing hardware to top firms globally, is in talks with several state governments for smart city projects, at a time when it is undertaking similar projects in states such as Rajasthan.
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In its first phase, Jaipur has created digital infrastructure to offer citizens amenities including intelligent kiosks, wireless broadband, safety and security services, traffic management and environmental updates.
Earlier this year, Cisco’s investment and venture capital arm set aside $40 million to invest in early stage Indian startups focused primarily on three verticals — connected mobility, big data and Internet of things. In India, over the past 5-10 years, Cisco has invested in more than two dozen startups, with nearly a dozen of those investments coming over the past 12-18 months.
My 2 cents:Cisco currently enables 80% of the world’s connectivity through its wireless, routing and switching devices and boasts one of the most successful (and tangible) Internet of Things practices to date, so it is safe to say that when it comes to IoT, Cisco will be a major driver. The Smart City project is emblematic of how Cisco structures its priorities: focus on long term tech and sustainable delivery and keep an eye/acquire current disruptive forces.