Posts Tagged ‘smarter cities’
Blue Water
Population growth, massive urbanization and climate change are placing increasing demands on our limited water supply. Forty one percent of the world’s population – that’s 2.3 billion people – live in water-stressed areas; this number is expected to grow to 3.5 billion by 2025.
And according to the United Nations, water use has been growing at more than twice the rate of population increase over the last century.
With advances in technology — deep computing and Big Data analytics linked to sophisticated sensor networks and smart meters — IBM is helping clients and partners make smarter decisions about water management.
By monitoring, measuring and analyzing water systems, from rivers and reservoirs to pumps and pipes, we can better understand the issues around water. IBM is applying its expertise in smart systems and Big Data to help companies, governments and citizens understand and more effectively deal with these issues.
Waterfund LLC announced today that it has signed an agreement with IBM to develop a Water Cost Index (WCI).
Scientists from IBM Research will apply Big Data expertise, acting as a calculation agent, to analyze large and diverse unstructured data sets. This will be used to develop of a WCI framework that would estimate the cost of water in different regions around the world. With its market and financial product expertise, Waterfund will work to structure and commercialize the WCI.
Discerning The Real Cost Of Water
As governments are increasingly forced to turn to the private sector to fund the construction and maintenance of complex water networks, the Rickards Real Cost Water Index™ will serve as a benchmark for helping measure hundreds of critical projects on a like-for-like basis.
Index values will reflect estimated water production costs measured in US dollars per cubic metre for a variety of major global water infrastructure projects ranging from retail water utilities and wholesale water utilities to major transmission projects.
“The backlog of investment in water systems around the world by some estimates approaches $1 trillion – quite apart from the hundreds of millions of people who have never had access to a water or sanitation system at all,” said IBM Distinguished Engineer and Big Green Innovations CTO Peter Williams.
“By creating a benchmark cost for water we intend to harness the capital market to this supremely important cause. If we can make it easier to price investments in the water sector, we can improve the flow of capital into an area where it is desperately needed. We look forward to working with Waterfund to bring this about.”
Scott Rickards, President & CEO of Waterfund said, “The principal reason behind our decision to work with IBM was their unique combination of expertise in the water sector combined with the best data analytics available. Our initiative with IBM will finally bring real financial transparency to the water sector. By calculating the unsubsidized cost of freshwater production using IBM’s Big Data expertise, Waterfund can offer the first flexibly-tailored financial tools to investors in water infrastructure. The Rickards Real Cost Water Index™ highlights the energy costs, interest rate risk, and capital expenditures required to build and maintain large-scale water treatment and delivery networks.”
Smarter Water Management Examples
Typically, investors have turned to the public equity markets to gain exposure to the water sector, with mixed results. The WCI is intended to provide a market benchmark and to spur the development of third-generation financial products for both water producers and investors and to aid the growth of the water sector globally.
Here are two examples of how it would work:
Scenario 1: A Water Agency cannot obtain bank financing for Phase 2 of a seawater desalination plant project due to previous cost overruns on Phase
1. Yet the Agency lacks the water it needs to supply a contractually specified daily volume of water to its largest customer, with a consequent risk of large penalties for each day of insufficient volume. Using strike and trigger values based on the WCI, the Water Agency could purchase a $25 million, 2 year insurance product.
Payout to the Water Agency would be triggered on the total change in its Water Cost Index (as well as some other conditions, such as a specified increase in asset failure costs). This approach would enable the Water Agency to enhance its overall credit profile with the insurance enabled by the WCI, finance Phase 2 of the desalination plant and meet its supply obligations.
Scenario 2: A large desalination and water transmission system project needs to secure private equity and institutional funding alongside that from development banks and sovereign funds, to the tune of one third of the total project cost. To achieve this, the project needs a way to reduce risk to its investors.
Based on movement in the WCI, the project could purchase $50 million in insurance. This would enable the insurance product to then be underwritten by a large reinsurer and allow the project to secure the private sector contribution it needs in order to proceed.
Go here to learn more about IBM Smarter Water Management initiatives. You can also go here to register for a report IBM prepared on why we need smarter water management for our world’s most precious resource.
Live @ IBM Smarter Commerce Global Summit Madrid: Dr. Kareem Yusuf On Smarter Commerce and Cities Acquisitions
When Scott Laningham and I sat down with Dr. Kareem Yusuf yesterday, we didn’t realize what we were bargaining for. As IBM’s executive responsible for both strategy and mergers and acquisitions for the Industry Solutions Division, Kareem’s responsibilities range from the formulation and prioritization of strategic plays to the execution of M&A in support of the business strategy
Also central to Kareem’s responsibilities have been the Smarter Commerce and Smarter Cities initiatives, along with the acquisitions that have been executed to support them.
Prior to this role, Kareem was focused on Decision Support Systems for Civil Engineering construction as he completed his Ph.D from the University of Leeds, and also spent some time providing Level 3 support for IBM’s WebSphere MQ technology, specializing in Java-based messaging.
Our discussion was far-ranging, with Kareem providing a beautifully-worded explanation of IBM Software’s Smarter Commerce acquisition strategy, along with some words about the new Smarter Cities technology buyer (the Mayor, the Police Chief, etc.) and also an update on what IBM has been focusing on most recently around the Smarter Cities initiatives.
All this and more coming to a stadium near you and soon!
Rio de Janeiro’s “Mission Control”
I’ve been extremely blessed to have traveled to many wonderful cities around the world during my tenure with IBM.
If you forced me to choose a favorite…well, it wouldn’t be an easy decision. Far from it.
But near the top of the list would have to be a city that left me absolutely breathless, literally and figuratively, and that’s the city of Rio de Janeiro, Brazil.
Forget the wonderful caiprinhas cocktails and the breathtaking views — I remember once, on my first visit in 1999, I had to do a presentation in the IBM building there, and they had to close the drapes, the view of the Christ statue in the background so incredibly stunning that I couldn’t focus!
But it’s the people that make the place. And the people of Rio are very special.
And if it’s the people who make the place, it’s also the people who make it run.
And making it run they are, the people of Rio de Janeiro, with a little from our team at IBM.
The New York Times takes an in-depth look this weekend at how Rio’s becoming one of IBM’s hallmark “smarter cities,” as they prepare to host both the 2014 World Cup and the 2016 Summer Olympics.
And fellow IBM blogger and buddy of mine Steve Hamm goes even deeper, explaining how the torrential rains in Rio during April 2010 that killed more than 70 residents made mayor Eduardo Paes vow that such horror would not occur on his watch again.
This story provides an excellent case study as to the type of smarter building, city, and infrastructure management that we’ll be hearing discussed at this week’s IBM Pulse 2012 conference in Las Vegas!
Check out the video below to learn more about Rio’s smarter city operation.
TurboTech: IBM SmartCamp Video Debrief
For you regular readers of this blog, you know I attended and blogged the IBM Global SmartCamp Finals in San Francisco week before last…wow, has it already been two weeks?
In fact, it was two weeks ago today that Profitero was announced as this year’s winner.
Although as I mention in the videocast with Scott Laningham below — in which we talk for about 15 minutes about what I saw, heard, and witnessed at the SmartCamp finals — all the participants, as well as those of we IBM bystanders, were winners when it came to hearing some of these groundbreaking business plans for helping build smarter (and more data-driven) cities around the globe.
I also enjoyed meeting my blogging counterpart, Steve Hamm, who provided extensive coverage on IBM’s Smarter Planet blog and with whom I broke bread…err, noodles…somewhere in Chinatown. I couldn’t find my way back to that noodle shop if I had to — I’m not sure if Steve could, either.
IBM SmartCamp Global Finals…The Winner Is?
Greetings from the Big Apple.
I haven’t disappeared to another planet. Just another city.
And speaking of cities, we’ve got some serious competition going on for the “IBM Global Entrepreneur of the Year,” many of whom have been working on technologies that help improve the conditions and operations of cities around the globe, which are facing growing and substantial challenges.
According to the United Nations, the global population is expected to reach 9.3 billion by 2050, with most of the growth occurring in urban areas.
This rapid population increase requires new approaches to complex challenges cities face such as aging infrastructure, the need for better healthcare systems, traffic and overpopulation.
IBM is working with a new generation of entrepreneurs, helping to drive the creation and development of new ways to address these challenges with advanced technologies such as analytics, cloud computing and mobile computing.
SmartCamp Global Finals: Entrepreneurs In Action
Next week, I’m going to have the rare opportunity to see some of these finalists’ technologies at the IBM SmartCamp Global Finals competition in San Francisco.
Technologies that enable skin cancer detection on a mobile device…help commuters avoid traffic…deliver better shopping experiences…all will be on display next week in the city by the bay.
Here’s some background, in case you missed my posts on this effort last year: IBM SmartCamps are designed to help entrepreneurs bring innovative new solutions to market quickly by providing mentoring and access to advanced technology and expertise.
The nine finalist startup companies will meet with IBM and the venture capital community from Jan. 31 to Feb. 2 in San Francisco to vie to be named the IBM Global Entrepreneur of the Year.
The finalists, with solutions designed to solve problems facing cities, were selected from nearly a thousand startup companies that applied to IBM startup events in 2011.
As the world becomes more connected through trillions of sensors, the ability to transform data into insight that can better monitor, manage and predict potential issues and opportunities is critical. Each startup participating at the SmartCamp Global Finals has created software that is designed to analyze large volumes of data.
The finalists are:
- BitCarrier: BitCarrier’s traffic management solutions analyze real-time traffic information, providing current travel times, estimations on congestion rates and accident alerts (winner, SmartCamp Barcelona).
- C-B4 Context Based 4Casting: CB4 has created a context-based system for identifying and analyzing hidden data patterns in large-scale data warehouses. The system is particularly suited to the retail trade and customer relations management (winner, SmartCamp Tel Aviv).
- ConnectM: ConnectM’s machine-to-machine technology uses advanced analytics to collect information from disparate systems to provide business intelligence. The solutions are developed specifically for the telecommunications, utilities and transportation industries (winner, SmartCamp Bangalore).
- IDXP: IDXP’s consumer behavior solution installs sensors in stores and shopping carts to help retailers understand consumer behavior (winner, SmartCamp Rio de Janeiro).
- Localytics: Localytics’ real-time analytics service provides makers of mobile phone and tablet applications with a better understanding of peoples mobile application preferences and tendencies (winner, SmartCamp New York City).
- Palmap: Palmap’s mapping solution provides mobile users with instant information for indoor activities such as navigating airports and shopping malls (winner, SmartCamp Shanghai).
- Profitero: Profitero helps online retailers maximize profits via competitor analytics (winner, SmartCamp London).
- SecureWaters: SecureWaters’ patented technology continuously monitors, detects and identifies toxins in surface water. An early warning alarm system alerts clients to potential issues (winner, SmartCamp Austin).
- SkinScan: SkinScan’s mobile application enables users to scan the moles on their bodies to measure skin cancer threat levels. They also offer a cloud infrastructure for medical histories of patients and doctors (winner, SmartCamp Istanbul).
Goin’ To California With An Entrepreneurial Achin’ In My Heart
Speakers at the IBM SmartCamp Global Finals will include California Lt. Gov. Gavin Newsom, leading venture capitalists and investment bankers including Bill Reichert, Promod Haque, Guy Kawasaki, and John China, IBM Watson Solutions General Manager Manoj Saxena, and Gerard Mooney, general manager of IBM Smarter Cities.
Past winners from IBM SmartCamp competitions have captured the attention of the venture capital community with nearly $50 million in investments, and have expanded to new global markets.
For example, Streetline, which was named 2010 IBM Global Entrepreneur of the Year as the winner of the 2010 SmartCamp World Finals, received a $15 million round of venture capital funding, and built several new products including a smart parking analytics offering based on IBM Cognos platform.
The solution is a combination of Sensor and Software applications from Streetline and IBM that allows a city to reduce congestion by quickly matching citizens with vacant parking spots. CEO Zia Yusuf will share his experiences with this year’s SmartCamp finalists, along with other past SmartCamp winners.
Park, Watch, And Vote
People can vote for their favorite finalist to determine the People’s Vote Award winner for the IBM SmartCamp Global Finals. Go here to view each of the finalist videos and to vote.
To watch the final presentations from the companies and hear from venture capitalists and entrepreneurs at the event visit www.livestream.com/ibmsoftware on Thursday, Feb. 2, 2012.
Live blogging of the event will be available at www.asmarterplanet.com.
Join the conversation on the event, entrepreneurs and technologies that make the planet work better at People for a Smarter Planet on Facebook and on Twitter at hashtag #IBMSmartCamp.
Blame It On Rio

IBM CEO Sam Palmisano attended a forum in Rio de Janeiro today which had a special focus on Latin America and the world's growth markets, and which convened forward-thinking government and business leaders to examine real-world approaches on how cities can tackle serious urban issues and improve the quality of life of their citizens.
Rio de Janeiro. One of my favorite cities in the world.
The land of churrascaria (eat meat until you tell them to stop feeding it to you!) and caipirinhas, Ipanema and Copacabana beaches…oh, man, I’d better stop daydreaming.
True story: I was giving a presentation in an IBM building one time in Rio, and the view behind the people I was presenting to was breathtaking. I was presenting to a crowd of IBMers with the backdrop of the Cristo Redentor statue atop Corcovado, when someone had the big idea of closing the curtains because the view was too distracting!
Flash forward to today: With both the 2016 Summer Olympics and the 2014 World Cup being hosted in Brazil, IBM has partnered with the city of Rio de Janeiro to add new capabilities that improve the city’s emergency response system (not much unlike what IBM did for the City of Madrid), and also to give Rio citizens access to information that will help them better manage their daily lives.
The new automated alert system will notify city officials and emergency personnel when changes occur in the flood and landslide forecast. This is expected to dramatically reduce emergency response times using mobile communications. Details of these expanded capabilities were revealed today at SmarterCities Rio, a two-day forum hosted by IBM Chairman, President and CEO Samuel J. Palmisano.
With a special focus on Latin America and the world’s growth markets, the forum convenes forward-thinking government and business leaders to examine real-world approaches on how cities can tackle serious urban issues and improve the quality of life of their citizens.
Also in Rio today, IBM announced the finalists for its SmartCamp in Brazil.
IBM’s Smart Camp, scheduled for November 10th and 11th in Rio, brings startups together with senior government and business leaders from Latin America’s most progressive cities to mentor them and examine how we can spur economic development, modernize infrastructures and transform our cities to create a new urban model. The five finalists have developed technology solutions that address some of the world’s most pressing issues – such as traffic, healthcare and food safety.
The SmartCamp in Brazil is the most recent of nine global SmartCamps this year. The winner will be invited to the next SmartCamp World Finals to square off against other winners from around the globe to claim the title of “IBM Global Entrepreneur of the Year.”
Here are the finalists from Brazil:
- Easy Taxi: With Easy Taxi’s mobile transportation solution people can call a taxi with a click on their smartphone. The application locates and calls the nearest taxi, calculates the fare and processes the payment online.
- IDXP: IDXP’s consumer behavior solution installs sensors in stores and shopping carts to help retailers understand consumer behavior in real time.
- Mobwise: Mobwise’s mobile application combines various sources of information on traffic conditions including real time data generated by users to suggest best routes and to offer rewards and discounts at partner establishments.
- Opara: Opara‘s food traceability system for fruit monitors the entire production chain, from farm to supermarket shelf, in a more automated fashion and allows for food origination tracking end-to-end.
- Prime Health: Prime Health uses business analytics to help improve patient health and reduce the cost of treating chronic diseases.
The event will be webcast November 10 and 11 at www.livestream.com/ibmsoftware. You can also follow the action on People for a Smarter Planet on Facebook at http://on.fb.me/9S1Jp8, and share your thoughts on Twitter at #IBMSmartCamp.
Consider this the official point at which I volunteer to fly down to Rio to be a judge.
Viva Brasil!