Cisco engineers will get $3 million to develop and test a prototype optimization engine to speed up internet and other services.
The Cisco Innovation Lab at the company announced Wednesday that it will receive $1 million from the U.S. Department of Commerce to support the development and testing of a software platform that will improve the speed of internet, cloud and mobile apps.
The innovation lab is part of Cisco’s Innovation Initiative.
The initiative provides $2.4 billion to help businesses build, develop and deploy innovative products and services.
The institute also helps companies accelerate their adoption of technology to support economic growth and innovation.
Cisco engineers will build the tool in collaboration with the Google Cloud, Facebook and Google X teams.
The project is part in Cisco’s efforts to increase the speed and efficiency of internet services and reduce the cost of deploying them.
The goal is to reduce the amount of data that is transmitted over the internet and boost the speed.
The institute will also use the money to create software and hardware that can improve the performance of a number of internet applications, including social media, search, web video and analytics.
The technology will also help the Cisco Innovation Group identify new technologies that can speed up websites and other web services.
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