On April 27, 2019, Silicon Valley Objectivity signed an agreement with Qingdao Innovation Institute, and Objectivity exclusively authorized Qingdao Innovation Institute to establish Objectivity China: a sign of another substantial progress in the landing of Objectivity in China.
Silicon Valley Objectivity is an international leader in graph structure big data processing. The technology developed over the past three decades has the characteristics of high concurrency, high scalability, high efficiency and flexible deployment. Objectivity's customers are in telecommunications, finance, manufacturing, Internet, medical and health industries, including many Fortune 500 companies, and have achieved good application results and economic benefits. In the field of ocean exploration, Objectivity has been providing core mass data processing technologies for multinational companies such as Schlumberger and CGG.
The Qingdao Innovation Institute is jointly established by the Stanford International Research Institute and Qingdao Oceantec Valley Authority to promote innovation, exchange and cooperation between the "Silicon Valley of China-Oceantec Valley of China". Promote the concept and model of Silicon Valley innovation management, and focus on the innovation principles and methodologies of Stanford International Research Institute, and carry out nationwide innovation training for market entities and government departments in the innovation ecosystem; relying on Stanford International Research Institute's technology, resources, channels and other advantages to advance The international technology transfer in the United States, Europe and other regions has become a powerful supporting force for Oceantec Valley to carry out international double-stroke and double-introduction.
Large-scale graph structure data processing technology is still blank in the country. The introduction of mature technology in Silicon Valley, and then digestion and absorption and localization, is an effective way to serve the growing needs of various domestic customers. Objectivity exclusively authorized Qingdao Innovation Institute to establish Objectivity China based on its full trust in the latter's rich technical reserves and extensive market resources.
At present, several listed companies have expressed interest in participating in investment and providing market resources; Qingdao Innovation Institute will steadily advance the establishment of Objectivity China based on the principle of complementary resource advantages.