Home Cisco incubating IoT Smart City startup in Manchester

Cisco incubating IoT Smart City startup in Manchester

Cisco is working on creating a new incubator with smart cities, the Internet of Things, and healthcare as its primary points of focus. This new innovation center, based in Manchester and founded in coordination with the Manchester Science Partnerships (MSP), will be called Mi-IDEA (Manchester Inspired-Innovation Digital Enterprise Alliance).

If there were a list of the most likely vendors to fulfill the technology needs of a smart city, Cisco would be near the top of that list. It is arguably the largest networking company in the world, and when it comes to the Internet of Things, networking is the lifeforce that drives it.

So, it makes perfect sense for Cisco to partner with MSP to create an innovation center that will incubate startups and projects focused on creating and launching IoT technologies that will pave the way for smart cities of the future.

Manchester is an interesting choice for the center’s location. It is a hotbed for growth in the tech scene, second only to London. In a 2016 survey by KPMG, Manchester was ranked number 1 among European cities for cost of doing business.

Cisco will add Manchester to its incubator network

Cisco will also be able to add Manchester to its growing National Virtual Incubator (NVI) network, a system linking incubators and research/academic centers through video conferencing. Its network, which spans the UK and Ireland, already includes several key incubators – including Idea London.

In addition to smart cities, there is an increasing interest in IoT technologies for both consumer and commercial applications. The healthcare sector is also a ripe industry that these technologies can improve. As more sensors and networking solutions are developed, the potential for new solutions in these areas is virtually unlimited.

Smart cities are being actively developed and budgeted around the world and thus far, there is a noticeable gap in the market for telecoms and networking providers…a gap that Cisco wants to fill.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest iGaming headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Gambling News

    Explore the latest in online gambling with our curated updates. We cut through the noise to deliver concise, relevant insights, keeping you informed about the ever-changing world of iGaming and its most important trends.

    In-Depth Strategy Guides

    Elevate your game with tailored strategies for sports betting, table games, slots, and poker. Learn how to maximize bonuses, refine your tactics, and boost your chances to beat the house.

    Unbiased Expert Reviews

    Honest and transparent reviews of sportsbooks, casinos and poker rooms crafted through industry expertise and in-depth analysis. Delve into intricacies, get the best bonus deals, and stay ahead with our trustworthy guides.