UK companies get £500k to research internet of things
A government-funded agency is to give 10 UK companies cash to start figuring out how to make money from the rapid proliferation of internet-connected items.The Technology Strategy Board said on Wednesday that the companies, including BT, would each get up to £50,000 to "undertake preparatory studies to better understand how to move towards an application and services marketplace in the 'internet of things'".