(from left) Mr. Takayuki Morita, Executive Vice President, NEC; Mr. Luis Alberto Moreno, President, IDB(from left) Mr. Takayuki Morita, Executive Vice President, NEC; Mr. Luis Alberto Moreno, President, IDB

OREANDA-NEWS. NEC Corporation (NEC; TSE: 6701) announced today the signing of a Memorandum of Understanding (MOU) with the Inter-American Development Bank (IDB), the leading source of development financing for Latin America and the Caribbean (LAC), to collaborate on the development of data centers in LAC.

Under the agreement, NEC and the IDB aim to jointly produce a study on data centers and the importance of their use as a means for improving quality of life, security and governance. The joint study could cover a description and analysis of the necessity of data centers, the expected role of governments with respect to data centers and the required internet environments and technologies for their implementation.

Moreover, the partners aim to collaborate around the production of communications materials to disseminate the study, and the organization of joint seminars and workshops for individual LAC countries to promote its conclusions and recommendations. "NEC is committed to helping Latin American and Caribbean countries solve data center related challenges through innovative technologies, including Software-Defined Networking (SDN) and Network Functions Virtualization (NFV) that contribute to the strength and improvement of communities," said Takayuki Morita, Executive Vice President, NEC Corporation.