UK and Germany Collaborate for 5G Network Project, Funding 'Internet of Things'
By Jenille Cristy Maido | March 10, 2014 5:48 PM EST
David Cameron, the Prime Minister of the United Kingdom announced in the CeBIT 2014 technology trade fair that the "Internet of things" will receive an additional £45 million funding to spearhead a new "industrial revolution."
David Cameron has been given a boost in the polls as more Britains back Tories over Labour on handling the economy (Reuters)
The prime minister firmly believes that the 'Internet of things' can bring another technological breakthrough. It can transform people's lives by creating a pattern of communication between objects like locks, refrigerators, or boilers-allowing them to send or receive data from one another or to the people who manipulates them.
"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." Cameron said in the Guardian report.
"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." Cameron added. He explained that the new technology would allow billions of objects communicating.
Cisco Systems estimates that "Internet of things" could amount to £8.7 billion when launched worldwide according to Telegraph UK. It is promising return of investments, and at the same time can bring a better "connected" generation.
Meanwhile the "Internet of things" is not only the project that both countries are working with. In his speech, the British Prime Minister also tells about the UK and Germany's endeavour to develop a 5G network, which will increase internet speed and usability for both countries by combining "British ingenuity" with "German engineering."
The 5G network reportedly could allow a download speed of an 800 megabyte movie in a second.
In 2013, the European Commission contributed $77 million for the development of a 5G network in 2020. Three leading universities are working collaboratively to bring the project into completion, namely, the University of Dresden in Germany, the Kings College of London, and the University of Surrey.
South Korea, on the other hand is quite aggressive to reach this technological achievement, investing $1.5 billion to be launched in 2020 and a pilot network to roll out in 2017.
CeBIT is one of the main technology trade exhibits in Europe and the event is held in Hanover, Germany this 2014 starting March 10 to March 14.
To contact the editor, e-mail:
Most Popular Slideshows
- Still The World Champions: Team USA Overpowers Serbia, 129-92 To Win 2014 FIBA World Cup [PHOTOS]
- Pope Francis: World War III Has Started On Piecemeal
- After Win Over Maidana, Mayweather Says He Is Prepared To Negotiate A Fight With Pacquiao
- From Fat To Fit: Celebrities Who Were Overweight Before They Became The Beauties That They Are
Join the Conversation
- Kate Middleton Pregnancy Sickness: Prince Harry Cancels His 30th Birthday Party, Opts For Simple Gathering
- ISIS Murder Videos 'Turning On' Foreign Jihadists To Fight US and Britain [VIDEO]
- 24-year-old Playboy Model Marries 81-year-old Construction Tycoon Richard Lugner
- Rare Blue Flawless Diamond, Costing $25.6 Million, Is The Newest Attraction At The Natural History Museum
- Auckland Gay Men Warned of Having Sex in Bushes of Public Park
- Google Release Roundup: Nexus 5 2014, Nexus 6, Nexus 8 and Android L Killer Features
- Samsung Attacks iPhone 6 Plus Through New Galaxy Note 4 Commercial: Apple Claims Imitating Galaxy Note Phablets
- Pregnant Kate Middleton May Call Off Malta Trip Due To Sickness: Royal Couple Will Move To Anmer Hall Residence
- iPhone 6 And IPhone 6 Plus Sold Out, New Stocks To Arrive In October
- Moto G (Gen 2) vs. Xiaomi Redmi 1S—Specifications, Features And Price Showdown
- Nexus 6, 8 Release Dates Imminent as Moto X Pre-Order Begins & Nexus 7 Deals Ramp Up
- iPhone 6 And iPhone 6 Plus Shipping Has Begun, Expected To Reach Customers’ Doorstep On Sept 19 Launch Date