Got a question about IoTUK, here are our frequently asked questions
Powered by the Digital Catapult and the Future Cities Catapult, IoTUK is a programme of activities that seek to advance the UK’s global leadership in the Internet of Things (IoT) and increase the adoption of high quality IoT technologies and services throughout businesses and the public sector.
IoTUK will maximise the impact of the Government’s IoT investment programme, by coordinating and engaging with the organisations which will be appointed to deliver the recently announced public funding for a city demonstrator, a research hub focussed on security and trust, as well as health and care test beds.
IoTUK has been launched to drive IoT adoption and capabilities across the UK, and to advance the UK’s global leadership in the IoT space.
IoTUK is part of the Government’s £40million investment into IoT; as part of this, IoTUK will engage across the UK landscape to ensure we remain a global player in technology – and are seen as a leader of IoT markets.
The IoTUK programme is an overarching and collaborative three year programme, as part of the Government’s £40m investment to maximise the UK’s capabilities in the Internet of Things.
IoTUK is part of the Government’s £32m investment in IoT, powered by the Digital Catapult and the Future Cities Catapult. IoTUK is looking to advance the UK’s global leadership in IoT and increase the adoption of high quality IoT technologies and services throughout businesses and the public sector.
IoTUK is funded as part of an integrated £32m, three year programme, which has been laid out by the UK Government. The Government fund in IoTUK stands at £4m; this will fund all the different components of the programme over the course of the three years. £1.2m of the fund has been granted until March 2016.
IoTUK is for business, academia and innovators who are already advancing IoT in their fields, or have a desire to know more about it.
IoTUK will also work with a number of local partners across the nation to enable everyone to participate through a number of projects and activities.
Powered by the Digital Catapult and the Future Cities Catapult, IoTUK will maximise the impact of the Government’s IoT investment programme, by coordinating and engaging with the organisations which will be appointed to deliver the recently announced public funding.
The successful organisations will include a city demonstrator, a research hub focussed on security and trust, a hardware accelerator, as well as a health and care test bed. These competitions are ongoing and led by Innovate UK, Digital Economy Unit (in DCMS), NHS England and the Engineering and Physical Sciences Research Council (EPSRC).
As part of the three year programme, IoTUK will host a number of clinics and events across the UK. We have initially launched three ways for organisations in the IoT sector to get involved. This includes an IoTUK case study open call, a IoTUK Boost open call and a Showcase open call.
There are a number of ways IoT business, academia and innovators can work with us. Over the coming months, IoTUK will host a number of engagements and local activities across the UK, these include:
IoTUK is currently a three-year programme, and will run until 2018; however, our aim is to maintain the programme for a longer period, driving funds through corporate partnerships and research grants.
The IoTUK programme aims to:
We didn’t choose these focus areas alone; they were decided as part of the wider Government investment in IoT. By focusing on these core areas we will be able to increase the UK’s visibility as an IoT leader on the global stage, driving inward investment and future growth.
No, we are not an incubator, funder nor an investor. IoTUK is a not-for-profit programme; our work with corporations, Universities, public sector and entrepreneurs is solely in a coordinating and management capacity, designed to aid the UK’s overall IoT growth.
Whilst IoTUK partners will have investment opportunities with the projects participating in the programme, the function of IoTUK is to help foster relationships and connections, not to provide funding directly.
There is a lot of hype around IoT at the moment; however, the figures around the uptake speak for themselves here. According to Gartner by 2020 there will be 25 billion connected things in use , compare this to the forecasted 4.9billion that are expected to be in use this year and the opportunity for the UK becomes clear.
The same Gartner report suggests this rise in IoT devices will significantly bolster the global economy, with expected spending reaching $263billion by 2020. By focusing on the IoT sector, UK Plc can ensure it is responsible for a significant amount of this spending, driving continued innovation and building on the UK’s status as a leader in the digital economy.
The economic, environmental and social impact of the IoT for the nation at large is immense, impacting businesses in all industries, from manufacturing and energy to retail and healthcare. Streamlined processes, rich actionable insight into customer and end-user needs, productivity gains, and increased safety and security are just some of the benefits to be gained from IoT.
Both the economic value and the scale of use – and indeed the changes in the way we live – both represent a huge societal impact.