01 August 2006
Qatar-based Gulf Energy, a global consortium of energy consultants and investors, has recently signed a memorandum of understanding (MOU) with California-based Cisco Systems for the development of a master plan for advanced technology solutions that will form part of the technological infrastructure required for the $2.6 billion Energy City Qatar project.
Under the MoU, Cisco Systems will be a key participant in the development of a holistic technology project master plan for Energy City Qatar, working with other technology leaders as well as Cisco channel partners and service providers. In addition, the MoU envisions that Cisco Systems will provide specialist services for internet-related projects, including the design and creation of a connected real estate framework, data-centre and an energy-trading platform.
“We look forward to working with Gulf Energy to help them realize their vision of Energy City Qatar, and to contributing to this important element of Qatar’s drive to become a world-class hub for the energy industry,” says Mark De Simone, vice president for Cisco Systems Middle East and Africa. “We plan to provide companies and individuals working and residing in Energy City Qatar with advanced solutions that will help them increase productivity, improve customer satisfaction and strengthen competitive advantage,” he adds.
Acting as technology adviser and a co-signatory to the MoU is the Accelerator Technology Holdings company, specialised in helping organisations identify, invest in and build best-in-class ventures in the information and communications technology value chain in the Gulf regions.
The MoU with Cisco Systems – the world leader in networking for the internet – forms part of the strategy of Energy City Qatar to enter into global partnerships with specialist providers and follows a similar MoU recently signed with Microsoft.