Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
Cisco commissions innovation center Istanbul at ITU ARI Teknokent 
20.04.2018

US tech giant Cisco has inaugurated Innovation Center Istanbul – the company’s 10th innovation hub globally – in İTÜ Arı Teknokent, a technology park affiliated with Istanbul Technical University, one of the world’s oldest technical universities.

 

Located on a 4,500-square-foot area, the center will serve as part of a network of Cisco Innovation Centers worldwide. Innovation Center Istanbul is set to tackle the most pressing challenges with innovative and high-tech solutions, while taking into account Turkey's priorities. The center will act as a platform of collaboration, bringing government organizations, customers, and partners together with start-ups, accelerators, universities, research communities, and industry collaborators.

 

Speaking at the inauguration ceremony, Cisco Turkey General Manager Cenk Kıvılcım said, “We believe in Turkey’s young population, creative brain power, and entrepreneurial potential. Our center will bring innovative and enterprising minds together to create ground-breaking solutions for the future. We aim to support Turkey's PPP and logistics, transportation, and manufacturing investments, while also looking to co-develop applications such as paperless warehousing, hyper-location, and virtual wearables. This facility will enrich our ecosystem, making it an even more attractive environment for start-ups and businesses.”

 

During his keynote speech at the ceremony, ISPAT President Arda Ermut added, “R&D is a long-term process and might be one of the first areas to be abandoned during tough times. Yet, for every Lira invested in Turkey’s R&D, one can expect twice the amount returned in terms of incentives. The companies are incentivized by the government in numerous ways, including support for the wages of R&D staff. This is an area that the Turkish government places utmost importance on. R&D spending in Turkey has more than doubled over the past decade, yet we still see ample room for further innovative investments.

24.07.2018 China’s Alibaba Invests in Turkish E-Commerce Company
10.07.2018 President Erdoğan Sworn in as Turkey’s First Executive President
25.06.2018 Turkey Chooses Stability in Historic Elections
22.06.2018 President Erdoğan Makes First-Ever Landing at Istanbul New Airport
21.06.2018 Turkey’s Investment Opportunities Showcased in Germany
13.06.2018 Turkey One Step Closer to Becoming a Regional Energy Hub
11.06.2018 Robust Growth Continues in Turkey in Q1 2018
17.05.2018 President Erdoğan’s UK visit cements Turkey as top strategic partner
10.05.2018 Germany’s Thyssenkrupp opens escalator factory in Kocaeli
02.05.2018 Denmark’s DFDS takes over Turkish ocean forwarder U.N. RO-RO for EUR 950 million
<<
1 2 3 4 5 6 7 8 9 10
>>