Queensland University of Technology (QUT) says it is joining Cisco in a $3 million partnership so it can provide the retail and logistics sectors with technology to improve customer experience.
The university is also cooperating with the IT multinational to ensure the sectors can remain economically strong.
The pair will fund a Chair in Trusted Retail and Logistics Innovation to help brands and logistics companies foster trust with consumers.
QUT’s Vice-Chancellor Professor Margaret Sheil AO says the partnership will help solve industry challenges, boost the economy, and create jobs.
“Our ongoing learning from recent floods alone highlights the need for greater innovation and trust in the supply chain, as just one area of our retail and logistics focus,” Professor Margaret says.
“We are constantly adapting to challenges, and it has never been more important to foster strong industry partnerships to address these,” she adds.
“These partnerships rely on mutual benefit. Industry, businesses and government gain access to the latest research and expertise, while universities ensure that we are addressing problems with potential to have real impact.”
The program will be launched in the middle of the year following a worldwide hunt for a leading researcher who focuses on retail, supply chain, consumer behaviour and engagement as well as data privacy and cyber security.
QUT will also establish Innovation Central Brisbane – an on-campus innovation hub with state-of-the-art Cisco technology. It will be used for everything from research and development to collaboration, prototyping and commercialisation.
“The partnership with Cisco and QUT will create opportunities to further advance the transformation of retail and logistics industries through utilising digital technologies, research expertise and an open innovation ecosystem,” Ben Dawson, Cisco Vice President of Australia & New Zealand says.
“Cisco is actively leading industry and university collaborations by expanding our investment in the National Industry Innovation Network (NIIN), focusing on accelerating the commercialisation of research,” he adds.
Ben also says the NIIN alliance will work on nationally significant projects including securing critical infrastructure, connected education, net zero and sustainability, digital health, and hybrid work to benefit the whole of Australia.
He notes the partnership will provide opportunities for students to connect with industry experts and leading researchers to build, test proofs of concepts and rapid prototypes as well as further develop their skills and become job-ready.
QUT says it will join the NIIN, which is co-funded through Cisco’s Country Digital Acceleration program, a $61 million investment to speed up Australia’s digital capabilities. It is the only Queensland-based university in the NIIN.
For more information on QUT’s and Cisco’s partnership, click here.
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