CPI has announced the start of a new project to address the manufacturing challenges and commercial opportunities offered to industry by the Internet of Things , a market predicted to be worth an estimated $253 billion by 2021.
 
The European Regional Development Fund has announced £2.6 million of funding for CPI to establish and run a new national technology center in County Durham.
 
The Emerging Electronics Manufacturing Centre will provide state-of-the-art equipment for the integration of electronic devices, including a reel-to-reel RFID inlay production line, producing reels of RFID labels at high volumes and smart label converting line, which then coverts the RFID inlay’s into SMART labels , at a rate of 60 meters per minute.
 
IoT describes a world in which everyday physical objects are able to communicate and exchange data with one another wirelessly over the Internet. This is made possible by using printable electronics, which are low-cost, flexible electronic circuits that are thinner than a human hair.
 
An example of potential products would be a printed electronic biosensor worn on or inside the body of a patient that allows doctors to monitor the condition of the patient remotely via the Internet