Expect the Internet of Everything to have a definite Ontario flavour.
Barely three months after signing a 10-year agreement with the Ontario government that promised 1,700 research-and-development jobs and up to C$4 billion in investment, Cisco yesterday announced it had selected Toronto as the location of one of its four global Internet of Everything Innovation Centres.
Cisco says the $100 million facility will foster collaboration between a broad range of stakeholders, including startups, established companies, colleges, universities and customers, to identify and monetize business opportunities in the burgeoning Internet of Everything (IoE) space.
Revolution in the making
The Toronto Innovation Centre joins similar facilities planned for Songdo, South Korea, Rio de Janeiro, Brazil, and Germany as the global networking leader doubles down on IoE. Rapidly falling prices for chips, memory and wireless capability, coupled with accelerating capabilities of these technologies, allowsRead More »from Cisco, the Internet of Everything, and Canada’s innovation economy