American multinational technology conglomerate Cisco has expressed willingness to work with the Andhra Pradesh government to make ‘small business easy’.
In response to Chief Minister N. Chandrababu Naidu’s invitation to visit Andhra Pradesh and set up an industry there, Executive Chairman and former CEO of Cisco Systems John Chambers said: “Let’s work on ways to make small business easy and also on how to make knowledge-sharing easy.” Mr. Naidu visited the office of Cisco, a world leader in IT and networking, helping companies of all sizes transform how people connect, communicate and collaborate, at San Jose, California, on the fifth day of his U.S. visit.
Reflecting on the observations made by Mr. Chambers at the meeting, Mr. Naidu said Andhra Pradesh was in the forefront in integrating technology in governance and the government was keen on strengthening the ecosystem. “We need to explore the possible areas of collaboration with you,” he insisted.
He said A.P. could be a suitable pilot place for all the practices emerging out of new trends. “We will create the necessary conditions and A.P. is ready to take off,” he affirmed.
Earlier, Mr. Chambers made a presentation on how modern communications could connect the world and as an example, demonstrated how he conducted meetings from his board room with his executives around the world.
He said the world was experiencing a revolution of digital innovations and IoT and cited examples to show how rapidly the world was changing. “It took 21 years for Amazon to overtake the Walmart. Similarly, Tesla took 14 years to overtake Ford and General Motors and for us, it took 7.5 years to overtake Tesla. Tomorrow a challenger might need only 3.5 years to overtake the existing leader,” he said.
Mr. Chambers said in the U.S. today, 20% of the jobs were created by companies which did not exist even a year ago.
He said 95% of the business and political leaders had a vision for digitisation but only 25% of them had a plan which highlighted the need for a plan, a workable plan in place. “There are going to be 500 billion devices worldwide and they all will communicate. That’s the world we are going to see soon,” he said.
