The Foundry is an advanced training, research and development organization based in Sarasota, Florida. A new European headquarters in Paris has recently been established to develop retraining programs, promote technology research and launch new ventures as part of a major job creation initiative that the Foundry is undertaking on behalf of its client, SigEx, Inc., pioneer of the new Enhanced Communications industry. SigEx has mandated the Foundry to oversee an initiative to re-train and re-deploy three thousand communications professionals over the next three years to participate in this emerging industry. The new Enhanced Communications industry will require a minimum critical mass of newly trained engineers to deliver and install enhanced telecommunications products and services on a global basis.
This job creation initiative is driven in part by current circumstances in the telecommunications industry and opportunities to improve upon available services. After exceptional growth for several years, the telecom industry is facing a major downturn amid drops in equipment purchase, massive layoffs, dried-up venture capital investments and the failure of the incubator model. As a consequence, the industry needs to reinvent itself to create the high-value services and products of the Enhanced Communications industry (see article at http://www.sigex.com/foundry/EU_Article.pdf).
