Ukrainian universities win EUR817,000 EU grant for 'Internet of Things' project

According to the press service of SmartMe University, with reference to its managing partner Oksana Bila, the coordinator of the project is Newcastle University (Britain). In addition, universities from Portugal, the UK, Sweden and Italy participate in the project. The works will start on October 15, 2016 and will last three years. "According to analysts, the financial potential of the "Internet of Things" is $8.9 trillion. Therefore research in this direction is important not only for the IT industry: the detailed study of the IoT [Internet of Things] will allow providing students with knowledge and skills to improve their competitiveness in a rapidly changing labor market," she said. SmartMe University is an educational online platform, specializing in training IT professionals since 2010. Erasmus is a non-profit program of the European Union launched in 1987.