Smart Systems

SMWA: Saxony funds IoT network “Smart Systems Hub Dresden” with up to 4.2 million euros

November 10, 2023 The Smart Systems Hub innovation center has been networking and supporting digital industry players in the Dresden region for five years. The Free State of Saxony has supported the hub since its foundation in 2018, including with funding via the program for the promotion of clusters and networks in the economy (Cluster Promotion Directive). Today, Saxony’s State Secretary for Economic Affairs, Thomas Kralinski, presented a further funding decision. This includes a commitment for funds of up to 4.2 million euros until 2028. Michael Kaiser, Managing Director of Smart Systems Hub GmbH, accepted the notification at the HUB:DISRUPT 2023 technology event at Volkswagen’s Transparent Factory in Dresden.

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On 10.11.23, Saxony's State Secretary for Economic Affairs Thomas Kralinski (pictured right) presented Smart Systems Hub GmbH with a funding decision. This includes a commitment for funds of up to 4.2 million euros until 2028. Managing Director Michael Kaiser accepted the notification at the HUB:DISRUPT 2023 technology event at Volkswagen's Transparent Factory in Dresden. Photo: Timm Ziegenthaler

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The Smart Systems Hub Dresden specializes in the development of easily integrated Internet of Things (IoT) system solutions. It aims to facilitate access to technologies, support innovation processes and network relevant players from the digital ecosystem. To this end, the hub offers a wide range of services, including innovation formats, the provision of tech infrastructure, technology testing and networking at national and international level. Over 650 partners are active in the hub’s network. The Smart Systems Hub Dresden is one of twelve locations of the federal government’s national Digital Hub Initiative.

Thomas Kralinski congratulated the hub on five years of successful networking and said today in Dresden: “The Smart Systems Hub plays a decisive role in making even better use of the enormous innovation potential of our region. It brings companies and players from science and research together so that they can form innovation partnerships and join forces. In this way, the hub makes a decisive contribution to establishing Saxony as a leading digital location in Europe. This is why the Free State of Saxony is supporting the network’s further work with funds from the federal-state program GRW – Joint Task for the Improvement of Regional Economic Structures. The fact that this funding will pay for itself many times over is no small feat of mathematics.”

Managing Director Michael Kaiser emphasizes: “I am just as convinced that the Dresden and Saxony region has immense potential as I am of the fact that innovation is a team sport. This is exactly where our work in the Smart Systems Hub comes in, bringing together players from different areas to actively develop new solutions. I am delighted that we are able to expand this commitment even further with the support of the Free State of Saxony and continue to actively shape the breathtaking development in the region’s technology sector.”

The HUB:DISRUPT 2023 event, organized by the Smart Systems Hub Dresden, is the meeting place for the players in the digital ecosystem of the Dresden region and beyond. Around 200 decision-makers and experts from international corporations, SMEs, start-ups, science and research as well as politics will be taking part. Specifically, HUB:DISRUPT will provide insights into the latest trends in automation, digitalization and industrial IoT.

In the Free State of Saxony, over 76,000 people are employed in the microelectronics and information and communication technology (ICT) sector. Around 35,000 of these people work in the software industry. According to the industry association Silicon Saxony, the number of people employed in microelectronics and ICT in Saxony is expected to rise to up to 100,000 by 2030.

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