Following previous reports, The Edge Singapore said that Cisco will invest up to US$18 million over the next three years to set up an innovation centre, EPIC@SG (Enabling Platform Innovation Centre) to help retail service providers build and deliver services over Singapore’s Next Gen NBN, once it is up and running in 2012. Developments created by the centre are expected to contribute up to US$150 million to US$270 million in revenue to the economy and create some 1,800 high-value IT jobs by 2015.