InvestorsHub Logo
Followers 16
Posts 1775
Boards Moderated 0
Alias Born 08/05/2008

Re: None

Saturday, 03/03/2012 8:25:17 PM

Saturday, March 03, 2012 8:25:17 PM

Post# of 29471
Mission Control, Built for Cities
I.B.M. Takes ‘Smarter Cities’ Concept to Rio de Janeiro
http://www.nytimes.com/2012/03/04/business/ibm-takes-smarter-cities-concept-to-rio-de-janeiro.html

This building is the Operations Center of the City of Rio, and its system was designed by I.B.M. at the request of Rio’s mayor, Eduardo Paes. There is nothing quite like it in the world’s other major cities. I.B.M. has created similar data centers elsewhere for single agencies like police departments. But never before has it built a citywide system integrating data from some 30 agencies, all under a single roof. It is the handiwork of an I.B.M. unit called Smarter Cities and, if all goes according to plan, it could lay the groundwork for a multibillion-dollar business.


For I.B.M., Rio is a crucible. By 2050, roughly 75 percent of the world’s population is expected to live in cities. Many metropolitan areas already use data-collection systems like sensors, video cameras and GPS devices. But advances in computing power and data analysis now make it possible for companies like I.B.M. to collate all this data and, using computer algorithms, to identify patterns and trends. Mr. Banavar calls it “sense-making software.”

Running a big city, particularly one as varied as Rio, makes running many companies seem easy. No wonder the market to supply cities with “smart” systems is expected to reach $57 billion by 2014, according to IDC Government Insights, a market research firm.


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.