ChinaCache Co Ltd, China’s bellwether in providing network application infrastructure services worldwide, is teaming up with a leading Beijing university Friday on its first Content Aware & Intelligent Services Lab (CAIS), a move to echo the "Broadband China" strategy brought up in the 12th Five-Year Plan (2011-15).
The lab, established in Beijing University of Posts and Telecommunications (BUPT), has embarked on its infant research project to develop the client-based system of Internet awareness and network acceleration, in an effort to ease the pain felt by Internet users in the country's lackluster Internet connection speed.
This is the third time the Nasdaq-listed company has cooperated with Chinese mainland universities bestowed with a large talent pool in research and development, after Huazhong University of Science and Technology as well as Tsinghua University.
China is expected to have 20 million new broadband Internet subscribers this year and a total of 250 million by the end of 2015. The broadband development is a part of the nation's 12th Five-Year Plan endeavoring to lift its broadband speed to 20 megabytes per second by 2015.
ChinaCache, the nation's largest Content Distribution Network (CDN) provider born in 1998, has extended its clout to more than a hundred cities worldwide vying for global market shares, with its US branch set up in 2007 as a stronghold to tap into the CDN services market.