The Wuxi Inspur big data industrial park opens in Wuxi on Aug 15. [Photo/wxrb.com]

The Inspur big data industrial park opened in Wuxi on Aug 15, the first achievement resulting from a cooperation agreement signed last year between Wuxi and Inspur Group, China's leading cloud computing total solution provider. 

Built at a cost of 5 billion yuan ($747.9 million), it is predicted that the big data industrial park will have annual output worth 50 billion yuan and bring about 10,000 jobs in the next three to five years. 

The Inspur big data industrial park will create a world class development environment for big data companies investing in the city. It aims to form maker spaces and incubators to attract more medium and small-sized internet technology and software companies settling in Wuxi.

The Tianyuan big data network monitors the big data exchange. [Photo/chinadaily.com.cn]

Inspur has developed a data exchange platform - Tianyuan big data network - and the mode of "company plus makers", supporting the innovation and startup of makers who work on big data application development or big data collection. 

So far, Inspur has built big data platforms for 27 provincial and city governments for data sharing, as well as established big data centers for makers in 33 cities. In 2016, it revenue reached 71 billion yuan, ranking 218 in 2016 China's Top 500 companies. It has provided products and services to 108 countries and regions all over the world.