Thursday 4 December 2014 – MEdia Release
Cognicity Challenge teams up with Intel to create first interconnected city
Today the Cognicity Challenge, a pioneering smart cities project created by Canary Wharf Group plc, will announce at the RE:WORK conference that it has teamed up with Intel Corporation (UK) Ltd. The Cognicity Challenge aims to identify and accelerate startups focused on smart cities innovations by providing technological expertise and the opportunity to develop their solutions in the ongoing development of Canary Wharf, translating smart cities thinking into practice.
Intel, a world leader in computing including Internet of Things (IOT) and smart cities, will provide access to its innovation teams for the Cognicity Challenge. This, along with opportunities for mentorship with Intel leaders, will help startups create the next generation of interoperable technologies to improve the lives of residents and tenants.
Also today, Cognicity has announced the launch of the final two challenge streams (Connected Home and Virtual Design & Construction). All six streams are now open for applications; please visit the Cognicity website for more information.
Sir George Iacobescu, Chairman and CEO of Canary Wharf Group plc, said, ‘This collaboration demonstrates Intel’s leadership in smart cities and the Internet of Things, and affirms their commitment to supporting the startups. The access Intel is providing to their technologies and expertise will help Cognicity create leading products that will be essential to building a truly smart and sentient city here at Canary Wharf.’
Rod O’Shea, General Manager of Intel Corporation (UK) Ltd, said: “London is one of the world’s leading cities and is perfectly positioned to become the flagship for smart cities everywhere. Initiatives like Cognicity with Canary Wharf Group are laying the foundations for London to unlock its potential for all its residents.”
The selected 36 finalists, six for each challenge stream, will go through a 12 week accelerator programme to develop their technology in the deployment phase. The final six winners will each receive a £50,000 cash prize and the opportunity to implement their solutions directly into the Canary Wharf estate.
Participants will develop their technologies and solutions with expert guidance from senior executives within Canary Wharf Group and leading technology companies, of which Intel is the first to announce its support. The Cognicity Challenge is being run by Pivotal Innovations, which designs and delivers innovation programmes to help companies accelerate growth.
For more information please contact:
FTI / Canary Wharf Group
Aleka Bhutiani, Director, FTI Consulting
T: 020 3727 1048
Notes to Editors
Intel designs and builds the essential technologies that serve as the foundation for the world’s computing devices and the applications of the Internet of Things. www.intel.co.uk
Canary Wharf Group plc is a fully integrated property development, investment, and management group. In two decades the Group has not only transformed Canary Wharf into 16 million square feet of superior office, retail and leisure space, but has also been called upon to spread its expertise in tall building design across London. www.canarywharf.com
Cognicity is the city of the future, realised today. This pioneering project will identify and accelerate the development of smart city technologies, transforming Canary Wharf into a sentient city.
This will be achieved through the Cognicity Challenge, which is divided into six streams and is currently open for applications. Partners and sponsors will provide guidance to the selected companies for 12 weeks and the winners will receive a £50,000 cash prize. They will also have the opportunity to pilot their solutions in the ongoing development of Canary Wharf.
The Cognicity Challenge is a Canary Wharf initiative and is run by Pivotal Innovations. www.cognicity.london
Pivotal Innovations designs and delivers customised innovation programmes to help businesses, large and small, accelerate growth. The same team behind Pivotal Innovations also heads Level39 technology accelerator, positioning the company has a leader in the creation of startup ecosystems. www.pivotalinnovations.com