Cisco chooses CircuitMeter for Toronto Innovation Centre submetering
February 16, 2016 - Canadian company CircuitMeter has been selected by Cisco to collaborate on submetering technology at the Cisco Innovation Centre Toronto, one of nine Cisco Innovation Centres worldwide, created to “showcase and energize digital innovation and development”.
By Renée Francoeur
“We view CircuitMeter’s technology as a game changer in making the world more energy efficient,” said William MacGowan, director of Smart Connected Real Estate, Cisco Systems.
The Innovation Centre will create a forum for industry collaborators, such as CircuitMeter and other stakeholders, to work on initiatives related to smart cities, smart buildings, health care and financial services, according to Cisco. The company adds that Cisco Innovation Centre Toronto is the first of its kind in North America.
The Cisco Innovation Centre Toronto is located on the 29th floor of Cisco’s new Toronto offices in RBC WaterPark Place. Cisco says the centre will help companies and government agencies capitalize on the opportunities presented by the Internet of Everything—an opportunity that Cisco estimates will affect $19 trillion of GDP over the next decade.
CircuitMeter builds and markets electrical energy submetering systems and integrated Big Data, cloud based software designed to analyze real time and detailed energy usage.