EU Announces €600M Euro Plan For ‘Internet Of The Future’

With the internet moving beyond connected computers to a new world of mobile-connected machines and objects, it is time to make the internet more capable of handling future data-streams, with increased accuracy, resiliency, and safety, the European Commission said today. In response, the Commission committed €300 million euros over 5 years, to be matched by European research, public sector and industry contributions, for innovation and helping European businesses and government find new internet solutions.

With the internet moving beyond connected computers to a new world of mobile-connected machines and objects, it is time to make the internet more capable of handling future data-streams, with increased accuracy, resiliency, and safety, the European Commission said today. In response, the Commission committed €300 million euros over 5 years, to be matched by European research, public sector and industry contributions, for innovation and helping European businesses and government find new internet solutions.

Commission press release here.

Commissioner Neelie Kroes speech here.

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