Sydney a hub for the ‘Internet of Everything’
02 Mar 2016
Innovation Central, a new R&D hub dedicated to developing technologies for the ‘Internet of Everything’ (IoE), has been opened at Sydney’s Australian Technology Park.
Launched by the US network and connectivity giant, Cisco, the Innovation Central hub will focus on four key areas: agriculture, astronomy, resources and smart cities.
The hub will provide an environment where researchers, academics, entrepreneurs, start-ups, and local and global industry experts can work together on new concepts and technologies.
Cisco is investing US$15 million over five years on innovation hubs in Australia, and in Sydney is working in collaboration with partners including the CSIRO, the University of New South Wales, the NSW Department of Primary Industries, and the National Farmers Federation.
The ‘Internet of Things’
While the ‘Internet of Things’ (IoT) is the wording most commonly used at the moment to describe the massive connectivity taking place across the globe, Cisco builds on concept of the ‘Internet of Things’ by using the words – the ‘Internet of Everything’ – to describe how connectivity brings together people, process, data and things.
The capturing and translating of data from connected devices around the world is accelerating at an astonishing rate. In 2000, the number of connected objects was put at 200 million. By 2020 – in just four years’ time – it is projected that there will be 50 billion connected devices across the globe.
Launch of Innovation Central
At the recent launch of Cisco’s Innovation Central in Sydney, Australia’s Chief Scientist, Dr Alan Finkel, also stressed the importance of innovation in today’s world.
‘Innovation is a continuum that starts with research and invention, and continues through to translation for economic and societal benefits.’ he said.
The importance of innovation for Australia was underlined late last year when the Australian Prime Minister, Malcolm Turnbull, launched the Government’s National Innovation and Science Agenda initiative, with funding of A$1.1 billion over four years.