Tyco Innovation Centers to Advance Security, Fire/Life-Safety and Smart Connected Technologies

New centers in the Silicon Valley and Tel Aviv will leverage the manufacturer’s technology, expertise, and global services business.

CORK, Ireland – Tyco (NYSE: TYC) has opened innovation centers in the Silicon Valley and Tel Aviv, which the company said are aimed at “solving broader customer problems while championing startups in security, fire protection and smart connected technologies.” More centers are planned to open in other locations later in the year.

“We’re constantly looking for smarter solutions to customers’ challenges, and increasingly those solutions go beyond a fire protection or security purpose to improve their overall operations and advance their core mission,” says Tyco CTO Daryll Fogal. “Tyco’s innovation centers will be at the heart of this drive, combining local vibrant startup cultures with Tyco’s expertise and global business to spur growth through innovation.

The commercialization program at the Tyco Innovation Tel Aviv center provides entrepreneurs with an accelerated go-to-market platform, an opportunity to collaborate with Tyco’s business units and access to the company’s vast network of installed systems and devices, spanning diverse markets and customers in over 200 countries.

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Tyco is sponsoring startups with innovative applications in the areas of smart cities, buildings and homes, retail, and commercial properties. Specific areas of interest include Internet of Things (IoT); retail/store solutions; sensing and detection; image processing, tracking and location; machine intelligence; and Big Data.

The six-month acceleration program comprises a Tyco-funded roadshow and introduction to relevant Tyco business units, collaboration with Tyco’s industry experts and/or customers, co-specification of project scope and pilot program, and implementation of the pilot for several months with Tyco’s guidance and mentoring.

“This program is a great opportunity for startups in the right spaces to work with the global market leader in fire and security, leverage our know-how and customer insights, and scale up on a global stage,” says Eli Gorovici, general manager of the Innovation Center in Tel Aviv.

The company has also launched Tyco Innovation Garage facilities in Silicon Valley and Tel Aviv. These centers team Tyco’s internal R&D capabilities with partners and stakeholders inside and outside the company to focus on solving complex customer problems by applying advanced technologies and sensor-based analytics.

“We plan to bring digital experience to the physical environment,” says Anurag Maunder, vice president, Tyco Innovation Garage.  “When combined with our expertise in sensors for security and safety, new generation technologies such as deep learning and 3D vision will fundamentally transform people’s daily experience.”

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