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Cisco, Gale International to jointly develop Songdo IBD
As this significant global market transition continues, driven and enabled
by the network, Cisco is well positioned to help cities bring sustainability,
economic development, and a better quality of life for their citizens. In this
endeavor, Cisco with its Smart+Connected Communities initiative has partnered
with Gale International bringing together complementary skills, capabilities
and solutions to create smart, sustainable cities of the future.
Cisco is building on its collaboration with Gale International in Sondgo International
Business District (IBD) in South Korea and intends to jointly develop and deliver
a robust, repeatable platform and transformational solution set that will help
customers deploy Smart+Connected Communities solutions globally.
The company has signed a framework agreement with Gale International to establish
the Cisco Global Center for Smart+Connected Communities in Songdo
IBD, a 1,500-acre new city being developed off the coast of Incheon by Gale
International and POSCO E&C under the auspices of the Incheon Free Economic
Authority. Cisco has also announced it would work closely with Incheon Metropolitan
City to develop network-enabled innovation and to support sustainable economic
development in the Incheon Free Economic Zone (IFEZ).
Wim Elfrink, Chief Globalization Officer and Executive VP Cisco Services,
commented, The vision for this new city is truly transformational, giving
residents, businesses and government leaders within Songdo the opportunity to
experience the city of the futuretoday. Our collaboration on Songdo IBD
with Gale International is a living example of the globally replicable model
we are building for Smart+Connected Communities. We are thrilled to be part
of such a groundbreaking initiative, working closely with Gale International
to develop new business models for managing and delivering urban services using
the network as the platform for transforming cities and countries.
Ciscos products, solutions, services, and a wide ecosystem of partners,
leveraging the Urban Services Platform, will help the customer throughout the
entire lifecycle of building an urbanized center from planning to execution.
The solutions across different tracks such as real estate, utility distribution
and management, transportation, safety and security, education, health and government
ensure that all the needs of an urban or rural citizen as well as the infrastructure
are addressed. Ciscos proven experience of working with governments and
industries are demonstrated in the maturity of its solutions and services,
added Elfrink.
The collaboration combines the Cisco Smart+Connected vision with Gale Internationals
experience as a smart-city builder to provide a connected and sustainable living
and working experience to communities worldwide. Cisco shares a common vision
with Gale International that in cities of the future urban services will be
delivered more innovatively, and cities will be managed more efficiently using
technology that enables newer models of managed and hosted services within public-private
partnerships.
Stan Gale, Chairman and Managing Partner of Gale International, pointed out,
We are globalizing the real estate industry by identifying and deploying
integrated solutions in a unique replicable model. City-scale development
must fit the needs of the visionary communities daring to undertake them. The
city of Incheon is to be commended for their vision. More than a decade ago,
they believed that Songdo IBD could deliver a better quality of life and deliver
economic benefit to the people of Korea.
We are excited about this vision and look forward to working closely with
IFEZ, Cisco, and other partners to make Songdo IBD and IFEZ the successful model
for sustainable cities of the future, asserted Gale.
The two companies intend to partner to help accelerate the development of such
smart and connected cities, which will be designed to improve economic development,
environmental sustainability, and the quality of life for citizens. They will
also assemble a broad ecosystem of strategic design, development and technology
partners to enable and drive network-enabled city-scale innovation.
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