The 5G Open Innovation Lab (5G OI Lab), a startup program funded by T-Mobile, Intel, and NASA, revealed its second cohort of companies last week and Vancouver’s Mimik Technology was selected.
Based in Bellevue, WA, the 5G OI Lab is a global ecosystem of developers, startups, enterprises, academia, and government institutions, focused on helping start-ups utilize 5G to develop new capabilities, use cases, and market categories.
mimik will work closely with the Lab’s founding partners to offer its patented Hybrid Edge Cloud platform across all industry verticals to develop applications utilizing the resources of edge devices in combination with existing cloud infrastructure.
The collaboration will empower developers and enterprises to leverage the computing resources of edge devices such as smartphones, tablets, and IoT devices as a seamless extension of cloud resources. As a result, only essential data will be sent to the central cloud, and the rest will be processed and communicated by edge devices.
“With the emergence of the 5G networks and the exponential growth of smart devices, there is a growing need to process data on edge devices such as smartphones or IoT devices to reduce latency, improve data privacy and unlock new business opportunities with sustainable business models and operational costs.”, said Sam Armani, Vice President of Business Development at mimik.
“We are excited to partner with 5G Open Innovation Lab and make our Hybrid Edge Cloud Platform available to its founding partners, enterprises and developers to build a socially and economically sustainable applications ecosystem for the new hyper-connected world.”