Information technology firm Cisco is on a mission to increase global digitalization, and they pay special attention to Southeast Asia.
According to CNBC, the US multinational is taking the initiative of the National Digital Acceleration strategy to help countries around the world effectively use big data, internet of things (IoT) and intelligent connectivity. Cisco hopes to enhance competitiveness, economic growth, create more jobs and support innovation through investment in startups, education, infrastructure and health care.
Southeast Asia is the “nail” area of the program, said vice president and global innovation member Guy Diedrich of Cisco. According to Mr. Diedrich, Southeast Asia is not only a “very business” area but also has a highly educated population and outstanding GDP growth.
Speaking at the East Tech West conference in China, Mr. Tech Diedrich said the program basically creates digital architecture for the government, then develops an implementation plan for stakeholders. according to the. The goal is to help countries transition to knowledge economies.
Indonesia was the first Southeast Asian country to join Cisco’s joint venture in September. Other partner countries include India, the Netherlands and Portugal. When partnering with countries, Cisco first looks for “visionary leaders” because it wants to do it at a fast pace.
The entire operation is a long-term growth strategy for Cisco and the wider IT industry, but it is also beneficial for smart cities. “Technology is only a facilitator, we want to ensure that concentration is the result: GDP growth, new jobs and sustainable ecosystem innovation.”
The major concern behind the rise of automation and intelligent connectivity, the two main components of digitization, is the impact on the labor market. The World Economic Forum believes that 75 million jobs will disappear as technology develops.
To ensure countries avoid losing jobs, the Cisco program focuses heavily on training and educating workers. “There will be some jobs that are no longer needed and those jobs should be. Governments and industries must work together to retrain those workers to do those jobs, ”said Diedrich.
* Source: Youth