CII announces collaboration with Tata Communications and Cisco to set up
TelePresence for CII offices in India
New Delhi, April 29, 2008 - Confederation of Indian Industry (CII), Tata Communications and Cisco today announced a mutual collaboration to set up Telepresence rooms at four CII offices in India. An agreement was signed at CII’s National Conference and Annual Session 2008, in the presence of the Honorable Finance Minister, Mr. P.Chidambaram, Mr.Sunil Bharti Mittal, President, CII, Mr KV Kamath, Vice President CII, apart from other dignitaries in CII’s IVth Plenary Session with the Finance Minister.
CII, CISCO and TATA Communications signed an MoU for Telepresence Facility for CII Members at CIIs National Conference and Annual Session 2008. Signing are Mr. Naresh Wadhwa, President & Country Manager, Cisco Systems ( India ) Pvt. Ltd, General ( Retd.) S.S.Mehta, Director General, CII, and Mr.Subodh Bhargava, Chairman, Tata Communications, Witnessing the signing are Mr Wim Elfrink, Chief Globalisation
Officer, Cisco, Mr. P.Chidambaram, Finance Minister, Mr.Sunil Bharti Mittal, President, CII, and Mr KV Kamath, Vice President CII.
The agreement was signed by Mr.Subodh Bhargava, Chairman, Tata Communications, General ( Rtd.) S.S.Mehta, Director General, CII & Mr. Naresh Wadhwa, President & Country Manager, Cisco Systems ( India ) Pvt. Ltd.
CII will collaborate with Tata Communications and Cisco to set up the TelePresence rooms for CII, at four of its key offices in New Delhi, Chennai, Bangalore and CII Sohrabji Godrej Green Business Centre, Hyderabad. A first of its kind initiative in India. Cisco will provide the TelePresence equipment, while Tata Communications’ will provide the connectivity services that will link the four CII sites. This will be a major facility for CII members which will be made available on a ‘pay-per-use’ basis.
“Enhanced networking allows a country to move on a much faster pace than ever before. TelePresence will transform the way geographically-dispersed teams work, by offering a viable and effective virtual meeting solution for our members and corporate India at large. Employee productivity and responsiveness is enhanced without impacting quality of life,” said Mr Ashok Soota, Past President CII and Chairman and Managing Director , MindTree Ltd..
The Cisco TelePresence rooms at the CII facilities will be connected to Tata Communications’ planned international network of rooms in premier locations worldwide, enabling cost-effective and high definition video conference meetings for Indian enterprises with their partners in India and overseas, seamlessly.
“Cisco TelePresence provides professionals the ability to reduce travel while attending more meetings at the same time. This demonstrates Tata Communications’ ability to support mission critical applications that deliver performance reliability, scalability and flexible cost efficiency to enterprises. This facility is being provided to CII and its membership on a new public room model. We visualize it will add considerable convenience to the industry members since it provides global reach into India.” said Mr. Vinod Kumar, President, Global Enterprise Solutions, Tata Communications.
TelePresence is an innovative realistic virtual meeting solution that creates unique, "in-person" experiences allowing real-time, face-to-face communication over a converged IP network. It delivers life-size images, ultra-high-definition video, spatial audio and a specially designed environment to create a "room within a room" meeting space, thereby enabling effective global business and increased productivity while allowing for significant savings in travel time and costs.
“Cisco TelePresence is a platform for supporting the emergence of transformational business models at a global scale. We expect these new facilities at the CII offices to spark creative ideas for new business models amongst its members. Our hope is that Indian executives will come away with transformational ideas that take advantage of rural connectivity, such as distance learning, remote healthcare management and virtual business models overall, which will be a catalyst for inclusive growth. Cisco TelePresence will help transform the way CII will do business and communicate with its customers, partners and colleagues.” said Mr. Wim Elfrink, Chief Globalisation Officer for Cisco.
CII , Cisco and Tata Communications are committed to a high level of environmental responsibility in all their activities. Cisco TelePresence is a technology which provides an intensely immersive experience that has the potential to help businesses reduce the carbon footprint currently generated by travelling to face to face meetings across the world.
About Tata Communications
Tata Communications Limited along with its global subsidiaries (Tata Communications) is a leading global provider of the new world of communications. The company leverages its Tata Global Network, vertical intelligence and leadership in emerging markets, to deliver value-driven, globally managed solutions to the Fortune 1000 and mid-sized enterprises, service providers and consumers.
The Tata Communications portfolio includes transmission, IP, converged voice, mobility, managed network connectivity, hosted data center, communications solutions and business transformation services to global and Indian enterprises & service providers as well as, broadband and content services to Indian consumers. The Tata Global Network encompasses one of the most advanced and largest submarine cable networks, a Tier-1 IP network, connectivity to more than 200 countries across 300 PoPs and more than one million square feet data center space. Tata Communications serves its customers from its offices in 80 cities in 40 countries worldwide. Tata Communications has a strategic investment in South African operator Neotel, providing the company with a strong anchor to build an African footprint.
The number one global international wholesale voice operator and number one provider of International Long Distance, Enterprise Data and Internet Services in India, the company was named "Best Wholesale Carrier" at the World Communications Awards in 2006 and was named the "Best Pan-Asian Wholesale Provider" at the 2007 Capacity Magazine Global Wholesale Telecommunications Awards for the second consecutive year.
Becoming the leading integrated provider to drive and deliver a new world of communications, Tata Communications became the unified global brand for VSNL, VSNL International, Teleglobe, Tata Indicom Enterprise Business Unit and CIPRIS on February 13, 2008.
Tata Communications Ltd. is a part of the $29 billion Tata Group; it is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange (NYSE: TCL).
CII is a non-government, not-for-profit, industry led and industry managed organisation, playing a proactive role in India's development process. It works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.
About Cisco Systems:
Cisco, (NASDAQ: CSCO), is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at www.cisco.com. For ongoing news, please go to newsroom.cisco.com. Cisco products in India are supplied by Cisco Systems International BV, a wholly owned subsidiary of Cisco Systems, Inc.
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Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications’ various filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
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