September 30, 2011

Technology Strategy Board to invest £6 million in digital infrastructure projects

by Kerry Butters

The Technology Strategy Board is to invest almost £6 million in government funding for nine research and development projects in the UK.

Trials are expected to show how “co-operation between digital infrastructure providers, content producers, users and software developers can be improved to earn revenue.”

The projects and trials are expected to cover areas across a number of fields, such as the integration of digital technology “from original equipment manufacturers through the supply chain in the automotive sector.”

It is also intended to develop a “prototype local TV platform providing low-cost access to locally-produced content.”

Other plans include micropayment technologies which will enable people to use virtual currency to make purchases online.

It is also planned that an open, web-based community will be created alongside a cloud-based IT platform which will produce a “wide range of tailored software tools and products to help deliver effective healthcare commissioning.”

Iain Gray, the Technology Strategy Board’s Chief Executive, said: “Creating and distributing digital information, content or services to customers requires the building of new, digital, value chains.”

“The British companies behind these cutting-edge development projects will show how they can improve or create such new digital value chains and networks, and will demonstrate how value can be created, and revenue earned, from information, content and services.”

A variety of companies are involved with the project, including American Express Services Europe Ltd and Jaguar Land Rover, amongst others.

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