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Government invests just £1 million in IoT hardware development

From V3.co.uk

"The UK government's Innovation UK agency is investing almost £1 million in two new programmes to help 20 UK companies begin developing hardware to take advantage of the Internet of Things (IoT).

Two named companies spearheading the initiative, and presumably receiving a goodly amount of the bounty, are Startupbootcamp, which oversees accelerator programmes globally, and advertising company R/GA Media Group.

The programme as a whole is being called IoTUK and aims to boost economic growth, according to a Gov.uk news post.

‘IoTUK aims to help business and the public sector develop IoT capability, particularly in areas such as security and trust, data interoperability, investment justification and design development,’ said the post.”

Read more at V3.co.uk


NCC Weekly News Update 6 September 2016 

 

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