Smart City Technologies Tested At Canary Wharf

Published on 5th Feb 2015

A new smart city initiative in London will give 12 start-up companies the opportunity to develop and test their technologies for sustainable buildings and integrated transport.

Businesses taking part in the Cognicity Challenge include a company that develops flooring technology which converts kinetic energy from footsteps into renewable electricity and a firm that seeks to prevent overheating in buildings, Canary Wharf Group reported last week.

The property company says that the start-ups will be pioneers in helping transform Canary Wharf into a smarter city.

The 12 companies will work on their developments in the newly opened High Growth Space:24 in One Canada Square, the distinctive skyscaper in Canary Wharf. During their 12-week residency, which starts in April, the start-ups will be able to access specialist mentoring and training from Canary Wharf Group.

A further 24 companies will also be chosen for the Cognicity Challenge in four other categories: automated building management; integrated resource management; connected home; and virtual design and construction.

The winner of each of the six categories will be awarded £50,000 and offered the opportunity to further develop and pilot their technologies at Canary Wharf.

Sir George Iacobescu, chairman and chief executive of Canary Wharf Group, said: “We launched the Cognicity Challenge in order to promote the development of smart cities technology and the interoperability of systems in future cities. Welcoming these chosen smart cities start-up companies to Canary Wharf is a natural continuation of the group’s original aim to create the cityscapes of and for the future.”

Share
Interested in hearing more from Osborne Clarke?

* This article is current as of the date of its publication and does not necessarily reflect the present state of the law or relevant regulation.

Interested in hearing more from Osborne Clarke?