Got a question about the IoTUK programme? Here are our frequently asked questions:
IoTUK was a programme of activities led by Digital Catapult and Future Cities Catapult. Our aim was to advance the UK’s global leadership in the Internet of Things (IoT), working to increase adoption of high quality IoT technologies and services with the ability to transform businesses and the public sector.
IoTUK worked to maximise the impact of the Government’s IoT investment programme by coordinating and engaging with the organisations appointed to deliver public funding for Manchester’s smart city demonstrator CityVerve; PETRAS, a research hub focused on security and trust; as well as health and care test beds for the NHS.
Digital Catapult launched IoTUK to drive IoT adoption and capabilities across the country and to advance the UK’s global leadership in the IoT space.
IoTUK was part of the Government’s £40million investment into IoT; as part of this, we worked across the UK landscape to ensure Britain is seen a global player in technology and a leader of IoT markets.
The IoTUK programme was 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 was part of the Government’s £32m investment in IoT, powered by Digital Catapult and Future Cities Catapult. IoTUK sought 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 was funded as part of an integrated £32m, three year programme, which was laid out by the UK Government. The Government fund in IoTUK was £4.6m; this funded all the different components of the programme over the course of the three and a half years.
IoTUK worked with business, academia and innovators advancing IoT in their fields, or those that had a desire to know more about it.
IoTUK also worked with a number of local partners across the nation to enable everyone to participate through a number of projects and activities.
IoTUK worked with a range of programmes, coordinating and engaging with the organisations which were appointed to deliver the public funding.
The programme included a city demonstrator, CityVerve in Manchester; PETRAS, a research hub focused on security and trust; two hardware accelerators, Startupbootcamp and R/GA Ventures; and two health and care test beds. These were led by Innovate UK, Digital Economy Unit (in DCMS), NHS England and the Engineering and Physical Sciences Research Council (EPSRC). The IoT Nation Database project was created with ODI Leeds and Bloom.
The IoTUK programme aimed to:
Co-ordinate and promote work on IoT in the UK to increase adoption of high quality IoT technologies throughout businesses and the public sector.
Advance the UK’s global leadership in IoT to ensure that foreign companies and investors understand the investable work being done in the UK.
Manage and work with a number of partners to develop a city demonstrator, a research hub focused on security and trust, as well as health and care test beds.
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 were able to increase the UK’s visibility as an IoT leader on the global stage, driving inward investment and future growth.
No, we were not an incubator, funder nor an investor. IoTUK was a not-for-profit programme; our work with corporations, Universities, public sector and entrepreneurs was solely in a coordinating and management capacity, designed to aid the UK’s overall IoT growth.
Whilst IoTUK partners had investment opportunities with the projects participating in the programme, the function of IoTUK was 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.