£45m boost for IoT research
Plans to make the UK a 'world leader' in digital technology were revealed by David Cameron last week. Speaking at the CeBIT trade fair in Hannover, the prime minister announced a £45million investment in the Internet of Things (IoT), as well as a 5G research partnership between the UK and Germany.
"I see the IoT as a huge transformative development - a way of boosting productivity, of keeping us healthier, making transport more efficient, reducing energy needs, tackling climate change," he commented.
Cameron also said the UK and Germany could find themselves on the forefront of a new 'industrial revolution'.
"Take British ingenuity in software, services and design, add German excellence in engineering and industrial manufacturing and together we can lead in this new revolution," he continued.
The extra investment announced at the Hannover event, of which the UK is the official 'partner country', will take the total being made available to £73m.
The government's chief scientific adviser will now carry out a review into how these new technologies can be best exploited.
