A new allianace for the Internet of Things

Network supplier Cisco, German telco Deutsche Telekom and chipmaker Intel have teamed up at Mobile World Congress in Barcelona to launch a joint internet of things (IoT) startup accelerator.

Dubbed Challenge Up!, the programme is pitched at startups from across Europe and aims to help IoT developers bring products and systems to market faster through a mix of joint project work, mentoring, networking opportunities and corporate assets.

The trio hinted that particularly intriguing ideas might also receive strategic investment and support in commercialising their products.

The incubator will combine know-how and resources from independent startup schemes the three suppliers already run. These are Cisco’s Entrepreneurs in ResidenceIntel’s Business Challenge Europe and Deutsche Telekom’s hub:raum.

The scheme will cover early-stage startups innovating around connected and smart home and city systems, energy, connected vehicles, wearables, information security, big data, analytics, connectivity and cloud.

read more

Source: Computer Weekly

Related posts

Blockchain – How it helps IoT?

Technology is changing at an incredible pace and the advent of nascent technologies will radically shape the future. Technological innovations that...

IoT finally grows up and gets real

The word on the show floor at MWC 2017 is that tech megatrend IoT is finally moving on from the years of hype and is delivering commercially....