Cisco backs IoT development in Australia, opens new research center, and pledges $15m to drive innovation

Andy Boxall

In iot, news

February 18, 2016


IT company Cisco has opened its second innovation center in Australia, where it will concentrate on developing new ideas and technology based on using the Internet of Things in the agricultural industry. In late 2015, Cisco opened an innovation center in Perth, and has now opened the second center — this time called Innovation Central — in Sydney.

Cisco has opened its second IoT Innovation Center in Australia, this time in Sydney

Cisco Australia

The company has pledged to invest $15m over the coming five years, and will work with the agricultural industry and startups to develop proof-of-concept designs, then push them into rapid prototyping.

Ken Boal, VP of Cisco Australia and New Zealand, said:


“Australia is highly regarded globally for its resources and agriculture sectors, ensuring the nation is well-placed to serve the rapidly growing markets within Asia and the government has prioritized these sectors accordingly. We are confident that our investment, as well as that of our partners, will help to accelerate the government’s recently announced National Innovation and Science Agenda – an impressive agenda that requires industry to support collaborative innovation initiatives. The aim  of Innovation Central Sydney is to turn innovation into real commercial solutions based on IoT in agriculture, smart cities and transportation in Australia.”

Cisco is committed to developing IoT strategies for businesses, and already has eight other innovation centers around the world, including in London, Tokyo, Berlin, and Paris. Visit the Innovation Center website here for more information.