Cisco to invest up to USD 1.35 bln in Mexico this year

News General Mexico 24 JAN 2014
Cisco to invest up to USD 1.35 bln in Mexico this year

Mexican President Enrique Pena Nieto and Cisco CEO John Chambers have met in Davos during the World Economic Forum to discuss the expansion of Cisco's presence in Mexico, including the recently announced Cisco Support Center, the expansion of manufacturing of advanced technology products, and the expansion of the Cisco Networking Academy program. Plans for direct and indirect investment are estimated to reach up to USD 1.35 billion during 2014.

The expansion of manufacturing of advanced technology products in Mexico through contract manufacturers will deliver products for the IT market worldwide. These lines of products are exported from Mexico to more than 90 countries, expanding Mexico as a global hub for advanced technology manufacturing.

Additionally, the investment will cover the recently announced Cisco Support Center (CSC) in Mexico City, which will support local and regional operations and create the capacity to service customers in the Spanish language.

Cisco also plans to expand its Networking Academy program to help Mexico increase the pool of high skills workers required to support Mexico's growing technology sector. The Networking Academy is a cloud-delivered program designed to help students develop the practical skills needed to design, build, secure and maintain computer networks.

Cisco currently has around 600 employees in Mexico, working on sales, services and support in offices in Mexico City, Guadalajara, and Monterrey, and in Ciudad Juarez focused on Cisco manufacturing operations. Business partners employ over 5,800 Mexicans dedicated to Cisco production.    

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General

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Cisco

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Mexico

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Production planning & operations, Financial figures, IT - applications, Corporate strategy

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