In partnership with private developers Gale International, South Korea is nearing the end of an ambitious $35 Billion project. They have set themselves the task of building a city from scratch with all the essential infrastructure homes, School, offices, hospitals and shopping centres and hotels. Unlike any of the other Korean cities, ‘Songdo’ will be smart, connected and almost self sufficient.
The Challenging market condition at the moment represents different things to different businesses. For Cisco it could be coincidental or deliberate that they seem to be refocusing on customer’s homes rather than their business network equipment. According to The Mercury News website Cisco is working with phone and cable carriers on products and services that let consumers hold video conferences through their televisions, see Cisco to use Medianet to Deliver Next Generation Connected Life at Home Solution.