US networking giant Cisco Systems has announced plans to build an innovation center in Puerto Rico for developing advanced technology solutions for the telecom sector.
The US overseas territory will be one of the three countries in the Americas Cisco has chosen as part of its program called ‘technological acceleration in telecommunications’, according to local news portal El Vocero.
The innovation center will position the island as a Latin American laboratory for telecom innovation, Cisco stated at the Mobile World Congress in Barcelona last week. The American company has set aside US$130 million for Puerto Rico, saying it will begin working on the project in the next 60 days.
Sandra Torres López, President of the Bureau of Telecommunications in Puerto Rico, said Cisco’s investment will ‘foster an era of digital transformation’. “The democratization of technology and access to information is vital to achieve the economic development and prosperity of the people and Puerto Rico.”
The telecom bureau will set up a team of experts, who will work alongside Cisco. The American firm is one of a few global networking companies working hard to restore telecom services in the country after hurricane Irma and María left a long trail of destruction.
“We know of the commitment of the company Cisco Systems for the Island. In fact, it was one of the companies of information technology and networks that worked intensely in the recovery of Puerto Rico,” López added.