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Korea Republic of : CISCO, LG CNS team up to foster markets for IOT

August 25, 2014

Entering a partnership to foster markets for Internet of Things (IoT) and cloud computing systems, Cisco has joined hands with LG CNS.

Cisco Korea said it has selected the LG associate as its first local business partner to co-develop business projects for cloud and IoT services.

Cisco Korea CEO Chung Kyung-won stated : "Cisco believes the cloud computing market has huge growth potential. We've been consistent in providing standardized and qualified cloud and managed services to our partner companies. We hope the partnership with LG CNS lays the groundwork for shared growth with more Korean partners in those segments."

LG CNS said the LG-Cisco partnership will help it move forward in the heated race for cloud computing and IoT businesses.

Senior executive at LG CNS, Won Deok-joo, added : "We hope the partnership with Cisco will produce substantial results."


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Source: TendersInfo (India)

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