Industrial Internet of Things
The Industrial Internet of Things industry is expected to grow at a CAGR of 26.56% over the next 4 years
ZigBee Alliance internet-of-things
Cisco's US$1bn investment follows a series of projects in the Internet of Things vein, including the launch of its British Innovation Gateway, through which it funded local digital start-up companies, to the tune of US$500m

Japanese mobile operator NTT Docomo and GE Energy Japan have signed a MoU in a bid to jointly develop Internet of Things solutions for industrial applications.

The combined solution created will use a wireless router (MDS Orbit Platform) for industrial equipment, provided by GE Digital Energy and NTT Docomo’s embedded communication module, which will enable remote access and monitoring capabilities.

Business Cloud News reports that the solution will be “capable of monitoring tightly regulated (and hazardous) infrastructure like bridges and electricity, water and gas power plants for fitness and operational productivity.”

It adds that data generated will be wirelessly sent to Docomo’s Toami cloud platform, created and designed for Internet of Things / Machine-to-Machine applications. Users of the solution will be able to manage and analyse the aggregated data through authenticated mobile platforms.

Cisco funds Internet of Things start-ups

Meanwhile, in the UK, networking solutions provider Cisco is reported to be investing US$1bn in funds toward growth in the development of Internet of Things solutions over several years.

The San-Francisco-based company said that it has allocated US$150m toward funding start-ups with innovative IoT solutions in the retail, healthcare and smart city sectors.

Says John Chambers, chairman and chief executive of Cisco, “We believe the UK is well on its way to becoming one of the top digitized countries in the world, and we’re proud to once again activate new programmes and continue our deep commitment to partnering with the UK government.

“Today, we are pleased to make our next series of strategic commitments, totalling over US$1bn, to support the next phase of the UK’s digitization plans,” he added.

Cisco noted that it plans to use revenue generated by local networking training efforts to fund technology centres of excellence in central London and create an additional 200 jobs to the company’s UK division.