Cisco Expresses Wish to Invest in Azerbaijan’s IT Sector
Azerbaijan, Baku /corr. Trend S.Babayeva / On 13 July, the Minister of Communications and Information Technologies of Azerbaijan, Ali Abbasov, met with the delegation of Cisco Systems Company, the Communications Ministry informs. The delegation expressed its wish to invest in the IT sphere of Azerbaijan. The parties highlighted the significance of the meeting between Azerbaijan President Ilham Aliyev and President and also Executive Director of Cisco Systems, John Chambers, from the point of view of expansion between Azerbaijan and the US, Cisco's home-base.
In addition, the meeting covered the possibility to establish Cisco NGN (Next Generation Network) in Azerbaijan and the realization of joint projects on E-Government.
Cisco Systems, created in 1984, is a leading supplier of equipment and complex solutions for Internet networking. Cisco's network solutions ensure effective information exchange resulting in the reduction of expenses, and allow enterprises to establish closer relations with clients, providers, and partners. Cisco's solutions are formed on a base of networks of thousands of companies, providers, network services, universities, and state institutions all over the world. More than 80% of Internet networks have been established on the basis of Cisco equipment. The Head Office of Cisco Systems in located in San Jose ( California). The company is headed by John Chambers, President and Executive Director General of Cisco Systems.