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A Pinch of $15 Million in Cisco's Pocket for Internet of Things Innovation Centre in Australia

Tuesday, May 12, 2015

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Cisco, the pioneer in Information Technology, has made an affirmation that this year they will open an Internet of Everything (IoE) Innovation Center in Australia by investing $15 million over the next five years. As per the company’s words, CISO will harbor experts in the Internet of Things (IoT) and will help in catalyzing the Internet of Things (IOT) Innovation in the country. This is going to be the company’s eighth global center around the world and according to CISCO’s words; the company will “serve as a hub for open innovation… And accelerate innovation and the adoption of IoE in Australia.”

The eight global centers of Cisco include Internet of Things platforms, and are being pitched as areas where customers, startups and researchers can come together to prototype and test out their ideas.   Distinguishing Internet of Everything from Internet of Things, Cisco said, “The Internet of Everything is built on the connections among people, processes, data and things. However, it is not about these four dimensions in isolation. Each amplifies the capabilities of the other three. It is in the intersection of all of these elements that the true power of IoE is realized.”

According to the words of Irving Tan, Cisco’s senior Vice President Asia Pacific and Japan, the company’s aim is to help Australia and its ecosystem of partners gather up speed in innovation and the adoption of the Internet of Everything in Australia. Cisco, the multinational company dealing in networking equipments, will be located in the Curtin University at Perth in Australia and in a commercial organization, Sirca. Sirca is an online provider of services owned by forty universities from New Zealand and Australia, which provides support to finance and other data-intensive research in the universities, Government and financial market participant.

About setting up the Internet of Things Centre in Australia, Irving Tan said, “Australia is a sophisticated market with a high level of innovation and an early adopter of new technology. Australia is already highly regarded globally for its resources and agriculture sectors and is well-places to serve the rapidly growing Asian markets, and the Australian government has prioritized these sectors accordingly.”

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