City of Dresden: Billions Invested in IoT Technologies in Dresden

City of Dresden IoT

Dresden is consistently strengthening its position as the leading centre for Internet of Things (“IoT”) solutions. Over the next several years, international technology groups and research institutions such as Globalfoundries, Infineon, Bosch, the Fraunhofer-Gesellschaft and the German Aerospace Center (“DLR”) will be investing some EUR 4.5 billion Euro in Europe’s leading address for semiconductors. The funds will be used to promote the development and production of modern processors, sensors, 5G mobile communication modules and to develop new software tools and IoT platforms. The investments are the result of the systematic growth in the “Silicon Saxony” ecosystem.

“This will make Dresden a leading location world-wide for IoT enabling technologies. Technologies and products that are used in IoT applications in industrial production, in new mobility solutions, in intelligent power grids or in the health-care sector, all come from Dresden,” notes Dresden Mayor Dirk Hilbert. Examples of these trend-setting technologies include IoT optimised processors, microelectronic mechanical systems (“MEMS”) including sensors and actuators, embedded systems-on-chip, specialised micro-controllers and high-tech memory, power electronics, data transmission communications modules, technologies for energy harvesting, IT security and high-performance cloud computing or integration to create smart systems.

read more at prnewswire.com

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