|By Business Wire||
|January 11, 2013 09:30 AM EST||
The Tianjin Economic-Technological Development Area (TEDA) claimed the top ranking among the country's scores of industrial parks for the fifteenth year in a row. However, as China's oldest industrial development zone, TEDA did not finish first again by mere chance.
"Championship is more than just being the best right now, it's about investing to be the best tomorrow as well," TEDA Director He Shushan noted, adding that ever since its creation in 1984, the park has never rested on its laurels.
"For example, TEDA has built itself into one of the most technologically advanced pieces of real estate in the world, offering out-of-the-box solutions and blueprints for the next generation of investors," Shushan said.
TEDA beat about 90 rivals to top the rankings, which were published in December. Awarded the top mark in the all important indicator of economic soundness, TEDA was also ranked first for all sub-indicators, including gross productivity, total industrial value, fiscal income and actual use of foreign direct investment. The rankings were based on five pillar categories: economic soundness; mechanism innovation; tech innovation; social development; and eco-environment. TEDA was also ranked first for mechanism innovation and placed among the top 5 in the other three categories.
Since 2000 TEDA has officially made technology investment a priority. Subsidies amounting to five percent of the zone's revenues have been reinvested in tech infrastructure, a move that has produced over 2,500 patents.
Meantime, TEDA has offered grants worth millions of renminbi to incubate a wide range of companies, including startups, growing companies and developed-companies, respectively.
And all that investment will pay off. By 2015 TEDA expects the value of its electronics information industry to reach about 250 billion renminbi.
TEDA's innovations on behalf of its tenants also extend to pioneering funding options. Under a new pilot program TEDA supports and boosts new- and high-technology companies to use their patents, trademarks, authorship rights and other intellectual property as collateral to apply for what might be elusive bank-funding. Occasionally TEDA offers matching grants as well.
One such beneficiary is Bonna-Agela Technologies Inc., a company that serves chemists and biochemists in the fields of drug discovery, food analysis, pharmaceutical testing, environmental analysis and chemical research. The company received a loan of 10 million renminbi from the Dalian Bank in 2010 through a patent-as-collateral lending arrangement.
In the first 11 months of 2012 alone, TEDA's pilot funding program has attracted hundreds of financial institutions as partners and 38 companies have directly benefited from loans amounting to more than 293 million renminbi.
Binhai Cloud Computing Park, with 500,000-server capacity, is another flagship incubator and accelerator behind the zone's tremendous initiatives to develop the cloud computing sector.
"During China's 12th five-year-plan period, Binhai aims to invest five billion renminbi into cloud computing services and infrastructure," said Zou Fang, Deputy Director of the TEDA Investment Promotion Bureau. "These investments include details like the 890,000-square-kilometer park's ample and redundant fiber, reliable power to support the data centers and other mission critical facility."
TEDA has also arranged for its could computing park partners to enjoy negotiated discounted rates from China's telecom suppliers, a benefit that allows even larger efficiencies of scale, she added.
The focus led innovative groups to call TEDA home, including a shining portfolio of corporate, governmental and institutional tenants – such as Tianjin International Joint Academy of Biotechnology and Medicine (TJAB), the National Research Center of Nanotechnology and Engineering, as well as Binhai Software and Service Outsourcing Alliance (BOSA).
Ranked the world's fastest supercomputer in 2010, TEDA's Tianhe-1A Computer has developed a cloud computing platform that supports demands for 3D animation, oil exploration, industrial machinery and pharmaceutical R&D, simulative analytics, system forecasting, data mining and financial risk modeling. Both Tianjin Meteorological Bureau and the National Offshore Oil Corporation have started trials with the Tianhe-1A supercomputer, which, according to a listing maintained by the University of Tennessee, was 40% faster than the world's No.2 supercomputer.
TEDA offers such a robust and high-tech eco-system that IBM partnered with TEDA in 2003 to set up its SaaS and laaS data service joint venture called [email protected] Under the partnership TEDA frequently organizes symposiums where its corporate clients, including IBM cloud computing experts, can gather and exchange notes. And as Tianjin evolves into one of northern China's financial service centers, [email protected] will be perfectly positioned to service the banking industry, which requires above-average data security and greater systems customization.
The partnership is a win-win, said Liu Yang, the joint-venture's head of marketing. "We were able to be actively engaged in planning the blueprint for cloud computing for the zone," he said. "So it's really about two-way communication and service offerings that cater to real-world demand."
[email protected] is not alone. TEDA is also home to Tencent's first-ever cloud computing center. The group operates the wildly popular instant-messaging platform called Tencent QQ, as well as one of the world's most active web portals, QQ.com. Tencent holds 29 patents directly related to cloud computing, all of which are in use in TEDA.
In addition, Hewlett-Packard has based its global cloud computing hub in TEDA, while Standard Chartered Bank has set up one of its three hubs there, from which it can service its global clients.
"TEDA will continue to engage in innovation to create a better investment environment for its partners — one that will move upward along the value chain and fulfill our promise of excellence," Shushan said.
The stakes could not be higher. Parks like TEDA will only become more important as China continues on its path away from low-cost manufacturing to an economy based on greater levels of automation and innovation.
"Many countries have been suffering from the 'middle-income trap' since World War II," noted Justin Yifu Lin, former chief economist and senior vice president of the World Bank. He was invited to deliver a world economic-outlook report at Peking University in October.
"Industrial upgrading including technological innovation has been the key factor helping emerging economies in Asia such as South Korea get around the middle-income trap and keep sustained economic growth," he further elaborated.
And as the cost of inputs rise and gradually erode China's low-cost competitive advantage in the global economy, the necessity of having innovative industrial parks like TEDA will only grow, said Trish Saywell, a former reporter covering China at Dow Jones' Far Eastern Economic Review and Asian Wall Street Journal. "Tech-innovation and production-networked incubators are primed for growth now in China," she noted. "This will give China an advantage even if foreign capital migrates to lower cost centers."
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
Jul. 1, 2016 11:00 AM EDT Reads: 1,038
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Jul. 1, 2016 10:45 AM EDT Reads: 515
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jul. 1, 2016 10:30 AM EDT Reads: 1,051
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
Jul. 1, 2016 10:00 AM EDT Reads: 612
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Jul. 1, 2016 09:49 AM EDT Reads: 167
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jul. 1, 2016 09:30 AM EDT Reads: 1,161
[session] Extending Intelligence to IoT By @BsquareCorp | @ThingsExpo #IoT #M2M #API #DigitalTransformation
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
Jul. 1, 2016 09:12 AM EDT Reads: 183
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Jul. 1, 2016 09:00 AM EDT Reads: 652
[session] The Factory of the Future, Today By @Cisco | @ThingsExpo #IoT #BigData #DigitalTransformation
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
Jul. 1, 2016 08:45 AM EDT Reads: 771
Edge Hosting has announced a partnership with and the availability of CloudFlare, a web application firewall, CDN and DDoS mitigation service. “This partnership enhances Edge Hosting’s world class, perimeter layer, application (layer 7) defensive mechanism,” said Mark Houpt, Edge Hosting CISO. “The goal was to enable a new layer of customer controlled defense and compliance through the application of DDoS filters and mitigations, the web application firewall (WAF) feature and the added benefit ...
Jul. 1, 2016 08:15 AM EDT Reads: 760
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
Jul. 1, 2016 08:00 AM EDT Reads: 537
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Jul. 1, 2016 08:00 AM EDT Reads: 557
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
Jul. 1, 2016 08:00 AM EDT Reads: 790
Dialogic has announced that ZVRS chose Dialogic® PowerMedia™ XMS software media server as part of its latest video relay and translation service offering. ZVRS uses Dialogic’s PowerMedia XMS technology to provide a robust solution that supports a broad range of legacy devices and any-to-any video capabilities with its flagship Z70 videophone. ZVRS selected Dialogic’s solution to facilitate a release of Z70 that met its stringent requirements for legacy device support (H.263 and H.264) with high...
Jul. 1, 2016 08:00 AM EDT Reads: 626
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 1, 2016 08:00 AM EDT Reads: 475
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Jul. 1, 2016 07:15 AM EDT Reads: 1,301
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 1, 2016 07:15 AM EDT Reads: 704
SaaS companies can greatly expand revenue potential by pushing beyond their own borders. The challenge is how to do this without degrading service quality. In his session at 18th Cloud Expo, Adam Rogers, Managing Director at Anexia, discussed how IaaS providers with a global presence and both virtual and dedicated infrastructure can help companies expand their service footprint with low “go-to-market” costs.
Jul. 1, 2016 06:00 AM EDT Reads: 1,208
"We work in the area of Big Data analytics and Big Data analytics is a very crowded space - you have Hadoop, ETL, warehousing, visualization and there's a lot of effort trying to get these tools to talk to each other," explained Mukund Deshpande, head of the Analytics practice at Accelerite, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 1, 2016 12:30 AM EDT Reads: 746
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2016' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited t...
Jul. 1, 2016 12:00 AM EDT Reads: 617