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Cypress Selected for the B.C. Ministry of Transportation IOT Challenge
Monday, March 12, 2018Company Profile | Follow Company
Burnaby, BC, March 10, 2018--(T-Net)--Cypress Solutions announced that itwasrecently selected as one of five finalists for the B.C. Ministry of Transportation IOT Challenge.
The Ministry of Transportation and Infrastructure and the BC Innovation Council have teamed up on an Internet of Things challenge, which invited local tech companies to develop innovative solutions to enhance public safety and transportation efficiency.
The ministry and the BC Innovation Council, a Crown agency driving innovation in British Columbia, presented a series of challenges to B.C.'s tech community at the 2017 #BCTECH Summit. This resulted in 40 proposals, reflecting a variety of solutions.
A total of $50,000 was awarded to five local finalist companies (including Cypress Solutions) to fund the development of their proofs of concept, in three challenge categories - Analytics, Highway Cameras and Smart Gateway.
The results will be showcased at the 2018 #BCTECH Summit in Vancouver, May 14-16.
"Every day, we rely on thousands of sensors and cameras throughout the province to provide real-time information, so people can plan their travel safely, no matter the conditions," said Claire Trevena, Minister of Transportation and Infrastructure. "It's exciting to engage with local tech talent to find out-of-the-box ideas that will improve traffic flow, relay road conditions and keep our highways well maintained. I'm looking forward to seeing the proofs of concept from the five finalists that could help the ministry provide better service to the driving public."
"Congratulations to the five finalists, all of which are local companies driving innovation to make life safer and easier for people," said Bruce Ralston, Minister of Jobs, Trade and Technology. "The Internet of Things challenge is one of the many ways we're growing B.C.'s local tech companies and providing them with opportunities to sell their solutions to government."
"With an estimated 24 billion devices expected to be connected to the internet by 2020, we have an incredible opportunity to mobilize all of that data and connectivity to make more informed decisions," said Carl Anderson, past president and CEO of the BC Innovation Council. "The success of the Internet of Things challenge shows that B.C. tech and innovation is at the forefront of this opportunity and continually pushing the boundaries of what's possible."
Analytics challenge
Highway Cameras challenge
Smart Gateway challenge
Learn More:
Follow the work of the Ministry of Transportation and Infrastructure online: https://www.tranbc.ca/