A group of representative staff members of Spanish Telefonica I+D lead by Mr. Fernando Fournon Gonzalez-Barcia, the Executive Chairman paid a visit to Saltlux Inc. on November 19th, 2007 and discuss on the business cooperation for the “Open Technology Observatory” project being planned by Telefonica.
Telefónica I+D, (or Telefónica Research and Development) is the innovation company of the Telefónica Group. Owned 100% by Telefónica, this subsidiary was formed it 1988, with the aim of strengthening the Group's competitiveness through technological innovation.
Telefónica I+D is the most important private R&D company in Spain, in terms of both activities and resources, and in terms of number of staff, and it is one of the most important companies on the continent as regards participation in European Research projects.
Saltlux Inc. (Tony Lee, the President and CEO) is one of the global leaders in semantic technology from Asia located in Seoul, Korea.
The representatives of Saltlux Inc. and Telefonica I+D introduced their company to each other and Dr. Richard Benjamins lead the discussion on the Open Technical Observatory project. The OTO project is to perform a continuous and systemic analysis of emerging technologies from the industry (competitors, start-ups, suppliers, etc.) and academic worlds (universities and technology centres, etc.)
Both companies verbally agreed to cooperate for the project and the written agreement will soon be contracted for the efficiency. When the project will be started, the cooperation results will be printed in report form and shared each other.
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