|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."
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
May. 6, 2016 06:15 PM EDT Reads: 1,419
As enterprises around the world struggle with their digital transformation efforts, many are finding that innovative digital teams are moving much faster than their hidebound IT organizations. Rather than struggling to convince traditional IT to get with the digital program, executives are taking advice from IT research firm Gartner, and encouraging existing IT to continue in their desultory ways. However, many CIOs are realizing the dangers of following Gartner’s advice. The central challenge ...
May. 6, 2016 06:00 PM EDT Reads: 292
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
May. 6, 2016 06:00 PM EDT Reads: 1,251
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
May. 6, 2016 06:00 PM EDT Reads: 856
Cloud Object Storage is effectively infinitely scalable and boasts the lowest total costs. But cloud SLAs and T&Cs are traditionally optimized for huge customers like Netflix, so applications demanding better confidentiality or higher availability typically can’t reap the benefits of public cloud storage. In his session at 18th Cloud Expo, Don Martin, CTO of Security First Corp, will provide an overview of innovative technologies available today – secret sharing and information dispersal algori...
May. 6, 2016 05:00 PM EDT Reads: 309
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, will discuss how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He will discuss how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors...
May. 6, 2016 05:00 PM EDT Reads: 321
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT's direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
May. 6, 2016 03:15 PM EDT Reads: 263
Cloud-based NCLC (No-code/low code) application builder platforms empower everyone in the organization to quickly build applications and executable processes that broaden access, deepen collaboration, and enhance transparency for all team members. Line of business owners (LOBO) and operations managers know best their part of the business and their processes. IT departments are beginning to leverage NCLC platforms to empower and enable LOBOs to lead the innovation, transform the organization, an...
May. 6, 2016 03:00 PM EDT Reads: 299
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
May. 6, 2016 01:45 PM EDT Reads: 1,375
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
May. 6, 2016 12:45 PM EDT Reads: 1,190
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
May. 6, 2016 12:30 PM EDT Reads: 1,222
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
May. 6, 2016 10:30 AM EDT Reads: 1,599
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
May. 6, 2016 10:00 AM EDT Reads: 1,325
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
May. 6, 2016 10:00 AM EDT Reads: 1,534
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
May. 6, 2016 09:15 AM EDT Reads: 1,452
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
May. 6, 2016 08:45 AM EDT Reads: 693
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
May. 6, 2016 08:00 AM EDT Reads: 1,400
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 6, 2016 07:00 AM EDT Reads: 1,101
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
May. 6, 2016 06:00 AM EDT Reads: 1,541
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
May. 6, 2016 02:45 AM EDT Reads: 1,338