The IOT accelerator program in Wales stimulates the tech investment

So far, 2017 was an exciting year for the growing Welsh technology and September was something big. The digital festival which was held in Cardiff the last month saw around 2,000 innovators investors, and industry leading experts in technology engage in a dynamic mix of interactive workshops. The program was held with an aim to bring digital innovation in the field of IOT and was organized by David Warrender, Chief Executive of Innovation Point, the digital innovation company on behalf of the Welsh government.

The digital transformation is noticeable as the e-commerce platform received £500,000 from the Welsh Government to accelerate business growth. The country’s first Internet of Things (IOT) accelerator program has been launched in a bid to turn the nation into a catalyst for connected technology. The joint collaboration between Innovation Point, The Accelerator Network (TAN), Barclays Eagle Labs, Inspire Wales and the Development Bank of Wales will run for twelve weeks. The program is focused on mainly the core areas of the tech industry like cyber security, energy, manufacturing, education and agriculture. The program is applicable for everyone from UK and applications are invited.  The last day for submission of application is on December 9. Secretary of State for Wales Alun Cairns said: "Wales is a dynamic nation that is home to some of the most innovative companies in the world.” With the globally proven network of business mentors, the launch of country’s first IOT accelerator program will be the beginning of a digital revolution.