San Diego, June 10, 2020: Qualcomm Technologies, Inc., JLC Infrastructure and IGNITE Cities have announced a strategic collaboration to develop and deliver a suite of smart and connected technology solutions to help meet the needs of customers in the commercial, industrial and municipal sectors.
A press release put out by Qualcomm said the tie-up will try to further advance the Qualcomm Smart Cities Accelerator Program in the key municipal, university, school and hospital segments, as well as the infrastructure construction industry.
In order to make the collaboration a commercial reality, Qualcomm Technologies intends to bring its technology innovation and leadership, JLC intends to leverage its vast network of essential municipal and construction relationships, and IGNITE intends to provide its expertise in building municipal partnerships and successfully resolving complex city issues.
In conjunction with its participation in the Qualcomm Smart Cities Accelerator Program, JLC also announced it plans to allocate an initial US $75 million in capital for investment in projects developed in collaboration with Qualcomm Technologies and IGNITE, with the goal of driving transformational initiatives in cities worldwide alongside a diverse community of companies.
Image credit: Qualcomm