March 11, 2014
Britain PM Anounces £45M in funding for the Internet of Things
The U.K. and Germany are teaming up to make 5G Internet connections a reality in the two countries.
British Prime Minister David Cameron, while speaking at the CeBIT trade show in Hanover, Germany along with Chancellor Angela Merkel, announced a partnership between Germany’s University of Dresden, King’s College University in London and the University of Surrey to research 5G technology.
“Three world-leading universities working on 5G hand-in-hand — that is something to be truly excited about,” he said in a speech Monday. “With 4G, an 800 megabyte movie takes around 40 seconds to download; with 5G that would be cut to one second.”
The prime minister did not divulge many details about the partnership or plans for research, but that may be because 5G is still quite a ways off. The U.K., for instance, just last year began to roll out it 4G LTE technology.
5G technology is not the only area Britain and the U.K. will partner in — the countries are also working together to improve the telecoms single market in a bid to keep pace with mobile technology.
Cameron does not want the partnership to end there, however. He said the countries would be well-served to collaborate on furthering the Internet of Things (IoT).
To that end, Britain is pumping £45 million ($74.8 million) into IoT research. It will also institute a £1 million ‘European Internet of Things’ grant to support firms willing to explore new opportunities.
Cameron described IoT as having the “enormous potential to change our lives.”
“These are developments that could allow literally billions of everyday objects to talk to each other over the Internet – using low-cost, low-power chips,” he said. “Electricity meters that talk to the grid to get you the best deals. Health monitors that keep an eye on your heart rate. Water pipes that warn of a fall in pressure. And yes, even a fridge that can order you milk when it notices you are getting low.”
“I see the Internet of Things as a huge transformative development, a way of boosting productivity, of keeping us healthier, making transport more efficient, reducing energy needs, tackling climate change.”
Jennifer Cowan is the Managing Editor for SiteProNews.