@R. Colin Johnson: I am sorry, what is new about this so called 'smart system?' that justifies a new R&D iniative? Everything that is mentioned is ALREADY being done by the industry!
Standardization of interfaces for interoperability is a need of the hour that the industry has started to address but that hardly qualifies as a new R&D initiative!
I think the announcement is a me-too type reaction to get some money doled out the EU businesses cited above! Speaking of which, did any one notice they are all either France- or Germany-based businesses??!!
This might be a solution to the issue of everybody claiming their system as "smart system" now a days. A standard should help in defining the criteria to meet before a system could be called as a smart system. Good for STMicro. I think, as this program gain speed, more companies are going to join in.
The project SMAC is an initiative to make the embedded systems more sophisticated and better integrable with the other devices, it will really help the diverse industries demands from all different segments. Very good initiative taken by STMicroelectronics.