Not all the money is getting to the IO, but this is one of the Main Topics in the Thematic Funding From Cisco. Overall, Cisco has invested $ 250 million invested in emerging companies in areas such as the Internet of Things. In January, the company spent $ 100 million to finance new businesses in the IO. Last month, Cisco, IBM, GE and AT & T launched an Internet consortium, opened a group of members with the goal of breaking the barriers of silo technology and access to the largest data drive things with better integration between the digital and physical worlds.
Projections
Decision by Cisco to increase their risk capital funds for the IO seems prudent, especially given the recent forecast of the industry, the company would be worth 14400000000000 $ per 2022. Many of the devices currently being published in the market of consumer electronics are capable of in the Internet of things, which means that the industry to be profitable in the future.Already, large technology companies releasing devices and other electronics, and to talk to the Internet. Ordinary companies still release their own IO devices, at least the money in the industry somehow. This includes multi-million dollar acquisitions, including the purchase of Google Nest, a manufacturer of thermostats connected.
Rob Lloyd, president of sales and development of Cisco, the view of the Internet of Things Company in March, during the Conference of Editors of Cisco. Lloyd said that 99 percent of the electronics is still not connected to the Internet, and to change that funding should focus on consumer-oriented companies.
During the same conference, the development director Pankaj Patel Cisco touts progress in the business industry. Patel said that Cisco had already billion on research in 2012, and much of that money was devoted to the IO.
Stay Ahead
For a company like Cisco, which puts devices in
selling connectivity to keep pace
with innovations in
the industry are crucial IO. Because it is easier to invest in the industry and residence of non-intervention, Cisco has provided funding for three accelerators and
startups IO. Alchemist Accelerator, Ayla Networks
Evrythng all have
received Cisco minority
interests.
Our investment in Alchemist Accelerator, Ayla Networks Evrythng aligns with our focus on innovation and start-ups focusing on Internet companies of things,said Hilton Romanski, vice president of corporate development at Cisco. Cisco top priority to smaller businesses is IO to achieve them provide you with additional resources and contacts in the industry. A new focus investment Cisco will accelerate the development of its portfolio companies by connecting to the experience and resources, such as Cisco IT, business leaders,Cisco and Cisco network of partners and customers by big industry events such as the annual Cisco Live,said Cisco.
