Cisco to put in 15 million USD in IoT innovation centre in Australia

Cisco, known for its commitment to the Internet of Things (IoT), has announced it  will open a US$15 million ‘Internet of Everything’ innovation centre in Australia later this year.

A report by ComputerWorld, Australia, said the networking vendor made this announcement at its annual Cisco Live event in Melbourne. Cisco has chosen two locations for the IoE Centre, in Sydney at financial research firm Sirca and in Perth at Curtin University.

The Australian innovation centre will be Cisco’s eighth globally, joining other IoE hubs located in Rio de Janeiro, Toronto, Songdo, Berlin, Barcelona, Tokyo and London.

The centres aim will be to encourage IoT innovation by bringing together Cisco customers, industry partners, startups, application developers, accelerators, universities and government bodies and universities.

You may also want to read: Cisco’s US $1 bln investment in Cloud biz is for IoE

Image Credit: Cisco

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