Wednesday, February 29, 2012

Cisco's Booming Business in Smart Cities

Our world is increasingly an urban one--the United Nations projects that nearly 5 billion people will live in cities by the year 2030, due to both the expansion of mega-cities and the creation of new urban centers. Cisco wants to be the company that makes all those metropolises not just function, but flourish. 


The company is peddling its knowledge and its services to city planners around the world, and last week it announced that it had picked up three important new customers. Developers in India, Ecuador, and Canada have asked Cisco to come up with master plans for fully wired communities. Presumably if the customers like the results they'll ask Cisco to put its plans into action. 

It's important progress in a growing business sector: Cisco has estimated that smart cities offer a $13 billion market opportunity just in the next five years. "Last year we were explaining to communities and developers why smart communities were necessary, and why it’s important to build a 21st century city," Hardik Bhatt, director of Cisco's Smart+Connected Communities initiative, told me in an interview. "Now the discussion is moving into how to do it." 

Cisco has a showcase in Songdo, a city we reported on last year that's rising in South Korea on land reclaimed from the Yellow Sea. The project is notable for both its bright green credentials--public transit, green space, and water conservation systems abound--and also for its sophisticated IT nervous system, courtesy of Cisco. Apartments throughout the city are being equipped with Cisco's TelePresence units for video conferencing, and the company is constructing a central control room that it says will allow government departments and utilities to leverage real-time information to improve city services, including public safety, traffic management, and energy conservation. 

Even though Songdo isn't fully built-out yet, and it's still not clear if or when the most ambitious elements of the project will come to pass, Cisco is hoping to replicate that model around the world. "Songdo was the first customer deployment," says Marc Musgrove, a Cisco spokesman. "That model is migrating to places like Barcelona. We have a number of very interesting pilot projects there, like parking space management and how to route the buses more effectively. Barcelona is using the IT platform that we’re developing to give managers access to a pool of data." 

Cisco's newly announced customers include the Delhi Mumbai Industrial Corridor Development Company, which is in charge of creating a vibrant urban landscape along the roughly 1400-kilometer train route that links Delhi and Mumbai. The developer expects to revamp some existing municipalities and build some new ones to reach a total of 24 cities; Cisco is now working on the IT master plan for the first two pilot cities, Dholera in the state of Gujarat and Shendra in Maharashtra. 

Another new customer is the government of Guayaquil, the most populous city in Ecuador, which wants an IT plan that will allow it to upgrade health care, education, public safety, and e-government services. Finally, a developer in Toronto, Canada has asked Cisco for help with a new residential and commercial development in the north sector of the city.

Sunday, February 26, 2012

Google plans home entertainment system


Internet search giant reportedly planning move into consumer electronics with a new music streaming system controlled by Android smartphones 

Monday, February 20, 2012

Nine Things Successful People Do Differently

Why have you been so successful in reaching some of your goals, but not others? If you aren't sure, you are far from alone in your confusion. It turns out that even brilliant, highly accomplished people are pretty lousy when it comes to understanding why they succeed or fail. The intuitive answer — that you are born predisposed to certain talents and lacking in others — is really just one small piece of the puzzle. In fact, decades of research on achievement suggests that successful people reach their goals not simply because of who they are, but more often because of what they do

Sunday, February 19, 2012

What do Smart Cities, Economic Development and Wealth Creation Have in Common?


Too often the answer is “not much”. When smart cities support wealth creation, they become a powerful economic force. Wealth is the engine that powers community prosperity. 

Thursday, February 16, 2012

What Are You Willing to Do to Launch Your Business?


Here's a dirty little secret of entrepreneurship: It's not usually all glamour and a fat cash register at first. Most business owners need a commitment to doing whatever it takes to get over the hump, to where their business makes enough to fully support their family.

Sunday, February 12, 2012

How Can You Build A Smart City?

Step one: Make your city appealing to young innovators. Step two: Make your city a major investor in the technologies they build.


In prior discussions about smart cities, including the global rankings I published on Co.Exist a few weeks ago, I believe many of us have under-emphasized the importance of cities in creating an enabling environment for emerging technology companies.

Thursday, February 9, 2012

Is Istanbul a Smart City?

Last Friday I had the opportunity to do a radio interview with IBM’s Business Development Executive Esra Çizmeci Yetkin about smart cities. 


Previously I had the pleasure of discussing the very same concept with Ali Rıza Ersoy from Siemens, who leads the company’s efforts in making cities a little smarter. Furthermore, last week at the IBITIG meeting led by Faruk Eczacıbaşı and Leyla Arsan there was a long debate about whether Istanbul was a smart city.

Tuesday, February 7, 2012

IBM Police protects Smart Cities


More cities are signing up with IBM (NYSE:IBM) to use its advanced analytics software to refine prevention programs and improving police investigations. Using advanced analytics software is a part of a growing trend among local governments as it allows them to use technology for improving services and safety of citizens despite budget constraints. 

 
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