|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."
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 2, 2016 06:45 PM EST Reads: 3,962
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 2, 2016 06:30 PM EST Reads: 1,453
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Dec. 2, 2016 05:00 PM EST Reads: 4,064
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Dec. 2, 2016 04:45 PM EST Reads: 1,960
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Dec. 2, 2016 04:45 PM EST Reads: 2,090
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
Dec. 2, 2016 04:15 PM EST Reads: 328
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Dec. 2, 2016 04:15 PM EST Reads: 306
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Dec. 2, 2016 04:00 PM EST Reads: 1,857
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Dec. 2, 2016 03:30 PM EST Reads: 3,185
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Dec. 2, 2016 01:30 PM EST Reads: 1,805
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 2, 2016 01:15 PM EST Reads: 2,073
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
Dec. 2, 2016 12:00 PM EST Reads: 1,829
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 2, 2016 12:00 PM EST Reads: 218
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 2, 2016 11:45 AM EST Reads: 1,464
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...
Dec. 2, 2016 11:00 AM EST Reads: 415
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Dec. 2, 2016 10:45 AM EST Reads: 1,600
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Dec. 2, 2016 10:30 AM EST Reads: 1,911
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Dec. 2, 2016 10:15 AM EST Reads: 2,040
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Dec. 2, 2016 10:00 AM EST Reads: 523
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, discussed key challenges and solutions to powering a ride sharing and/or multimodal model in the age ...
Dec. 2, 2016 10:00 AM EST Reads: 1,077