The second batch of twelve companies has joined the Cognicity project aiming to turn Canary Wharf into London’s smartest district.
Focusing on development of automated building and integrated resource management technologies, the twelve entrants will work together with expert mentors over a three-month period to win the chance to implement their ideas at the Canary Wharf Estate.
They will join the twelve competitors from the integrated transport and sustainable buildings streams of the challenge, selected on 26 January, which are already busy working on their projects.
Finalist of the final two streams, tackling connected home and virtual design and construction, will be announced in April, after the first group of start-ups completes their projects.
“The Cognicity Challenge aims to move beyond stand-alone solutions, with the technologies developed and piloted during the accelerator creating a fully integrated and interoperable suite of innovations,” said Mikele Brack, head of smart city programmes for Cognicity.
The Cognicity Challenge is the first phase in Canary Wharf Group’s smart city initiative, which hopes to see the neighbourhood turning into one of the smartest districts in the world, making everyday life simple and reducing cost of living.
The integrated resource management competition will see companies developing ideas focused on smart grids, balancing energy consumption and supply and waste management.
The six competitors include smart grid developers KiWi Power and Open Energi, maker of anaerobic digestion plants transforming waste into renewable power SEaB Energy, Power Drive Efficiency, focusing on adjusting motor performance to load requirements, Strawberry Energy, proposing solar-powered Wi-Fi enabled charging stations, and real-time traffic and crowd monitoring developer Stinex.
Fighting for the crown in the automated building management stream will be Internet of Things start-up Boldmind, a building automation and monitoring company Converge, Demand Logic, using big data to optimise energy performance of large buildings, Exa-Informatics, focusing on integration of data from different devices and protection against unauthorised data exploitation, data mining expert Future and OrbiFire – a smart cities fire application developer.
Winner of each of the six categories will be awarded £50,000 of funding and the opportunity to implement the technology at Canary Wharf.
The project was launched in October last year. Companies from all over the world could submit their ideas.