On the third day of their US visit, the FrankfurtRheinMain delegation met with US entrepreneurs and start-ups in Silicon Valley. The program included company visits and an event on cyber security.
Horst Schneider, Lord Mayor of the City of Offenbach and member of the supervisory board of FrankfurtRheinMain GmbH International Marketing of the Region (FRM GmbH): "Our region is one of the leading locations in the field of information technology. Companies based here, such as SAP or Software AG, and scientific institutions such as the Fraunhofer Institute, are in the first league world-wide. Companies operating in the IT sector have a unique network of innovations, excellent technical colleges and universities and highly qualified workforce."
Silicon Valley is one of the most important locations in the IT and high-tech industry worldwide. The foundation of the Stanford Industrial Park, a research and industrial area adjacent to Stanford University, was essential for the economic development of the region. Former employees of electronic companies and university graduates founded companies and developed new ideas. In the 1970s, companies from high technology increasingly settled here. IT-giants, such as Apple, Intel, Google, AMD Adobe, Symantec, Yahoo, eBay, Hewlett-Packard, Oracle, Cisco, Facebook, Tesla, Amazon and Dell laid the foundation for their triumphant journey around the world as a start-up in Silicon Valley.
FrankfurtRheinMain meets Silicon Valley
Under the title "FrankfurtRheinMain meets Silicon Valley - Two Powerhouses joining Forces", FrankfurtRheinMain GmbH International Marketing of the Region invited numerous representatives of start-ups from Silicon Valley. The conference focused on cyber security.
"Of course Silicon Valley is the measure of all things concerning the Internet. Yet, we have many similarities. We also generate an above-average share of value added in the field of information technology. The world's largest Internet exchange is in Frankfurt. The number of data centers in the region is growing rapidly. In addition, FrankfurtRheinMain is the financial center of the European mainland and has an incredibly strong industrial base.
Ten percent of Germany's total economic output is generated in our region," said Eric Menges, President and CEO of FrankfurtRheinMain GmbH International Marketing of the Region.
Among the numerous representatives from companies from Silicon Valley followed the invitation of FRM GmbH. Prof. Dr. Kristina Sinemus, President of the IHK Darmstadt Rhein Main Neckar and Member of the Supervisory Board of FrankfurtRheinMain GmbH International Marketing of the Region spoke about the advantages that FrankfurtRheinMain offers companies from the high technology sector: "Last week, Darmstadt won the "Digital City" competition in Germany, so we are one step closer to our vision of becoming the "pilgrimage site for the digitalization of Europe". Not only our proven excellence in cybersecurity, but also the SME-driven industrial strength and the technology competence of the entire region have contributed to the winning of the title. We will rely on these strengths in the implementation of new technologies and telecommunication infrastructures in transport, energy supply, schools, health care, commerce and administration, so we want to provide them with the best possible support. "
After the event, the FrankfurtRheinMain delegation visited the Flex Silicon Valley Innovation Center, which sponsored start-ups from the IT sector for the introduction of new products and the implementation of innovative technologies for more than 15 years. Subsequently, the FRM delegation moved further to New York. There will be events on the subject of Brexit and FrankfurtRheinMain’s Fintech site.