CPI has announced the start of a new project to address the manufacturing challenges and exploit the commercial opportunities afforded by the ‘internet of things’ (IoT) - a market predicted to be worth an estimated $253billion by 2021. The European Regional Development Fund has announced £2.6 million of funding for CPI to establish and run a new national technology centre in County Durham.
John Cocker, director of printable electronics at CPI said: “Many challenges remain in being able to integrate conventional and/or novel components into the devices that will unlock the value of the ‘internet of things’. The Emerging Electronics Manufacturing Centre is focussed on addressing these challenges and helping its clients and partners to engage successfully in this exciting new opportunity”.