The Department of State has announced plans to deploy an Internet of Things (IoT) energy platform to conserve more energy, identify potential issues quicker, and monitor the department’s sensors.
It will be working with C3 IoT (formerly C3 Energy) to deploy the IoT platform to hundreds of thousands of “data points” over the coming years. This may include foreign embassies and treaty rooms, which the State Department control.
“We will be able to identify and address outliers across our global buildings portfolio, learn how to improve upon previous embassy designs and operations, and … lower utility and maintenance costs,” said State Department senior adviser for energy, environment and sustainability, Landon Van Dyke, in a statement to the Wall Street Journal.
C3 IoT provides a development platform and a range of software-as-a-service apps for energy preservation. Detailed analytics can be provided to give the State Department smarter ways to lower energy consumption, while still keeping buildings secure.
The platform runs on GovCloud servers, which are owned by Amazon Web Services and isolated for sensitive government information.
In the announcement, the State Department said it wants 200 posts deployed by 2017, with the job finished by 2020. It currently has 275 posts, all of which are expected to be upgraded in the next four years.
The project will see C3 IoT pocket $25 million if successful. The State Department seems confident in the capabilities of C3 IoT, after an initial deployment before the announcement happened.
C3 IoT is not the only energy company involved in the Internet of Things, Blue Pillar earlier this week announced Aurora 5.0, a new “Energy Network of Things” dedicated to lowering energy consumption and ensuring that if a state grid goes down, the lights stay on.
The post U.S. state department wants IoT to save them money appeared first on ReadWrite.
Latin America’s smart city market will jump nearly 20% in the next four years driven by urbanization and major smart infrastructure investments.
The BNamericas site reports estimates by the Markets & Market consultancy of annual smart city market growth of 19.4% by 2020, reaching a total of $758 billion.
One of the factors driving smart city growth, according to Telefónica director Alfredo Martín, is the continuing influx of citizens to Latin American cities. He predicts that by 2050 85% of Latin America’s population will live in urban centers. This massive demographic shift is forcing government leaders to move beyond traditional urban planning approaches and embrace technology-driven infrastructure innovations to keep booming cities humming along.
The other significant driver of smart city growth is the sheer size of the regional investment in smart infrastructure, which is currently around $100 billion per year.
Navigant research sees water management as one of the biggest smart city growth segments in the coming years. For example, Peru currently only treats 30% of its wastewater, but will have to significantly increase this amount if its cities will be able to handle the looming population boom.
Analysts also expect to see significant smart city growth in the telecom sector. This will be largely driven by accessible broadband initiatives, such as Columbia’s Plan Vive Digital 2014-2018 or Brazil’s Rede Cidade Digital which targets 300 cities.
Several countries are prioritizing smart city investments that focus on energy efficiency and sustainability. Mexico, Brazil, Colombia and Peru have all earmarked investments for infrastructure projects that seek to improve efficient building management, transportation and security.
Specifically Colombia has invested more than $111 billion through various government ministries so far, as the country strives to develop its smart infrastructure within and between its cities.
Meanwhile, Chile is also putting smart city projects on the front burner, with ongoing projects in Guayaquil and Arequipa to digitize public services.
The post Latin America smart city market to grow 19% by 2020 appeared first on ReadWrite.
This week, French Tech, an organization dedicated to promoting innovation and technology in France, introduced its second global competition, with the goal of bringing the best tech entrepreneurs to France.
The competition is called French Tech Ticket, and it is offered to non-French entrepreneurs from across the globe that might be interested in living in France for a year, with the purpose of developing a startup there.
Winners of this awesome contest will earn more than $50,000 in cash, a permit to reside in France, along with three co-workers, a year-long incubation period in one of France’s best incubators and several additional prizes such as mentoring and special events, business support and investor meetings.
Last year, there were 722 projects turned in by a total of 1,372 contestants. The result of this first contest was 23 startups, with 50 entrepreneurs moving to Paris to enter one of French Tech Ticket’s 10 partner incubators.
The competition is open to any team with its own startup project or co-founders of startups that meet the contest criteria.
Each team must consist of two to three English-speaking founders, with no more than one French national. The founders must hold at least half of their company’s share capital, if applicable. They must be based in France for at least a year, after selection, with an obligation to work fully on the project in the partner incubator.
The startups can be any young creative company, technology-based or not, that seeks a business model that will provide very large and speedy growth.
French Tech was established in 2013 to help grow the technology and innovation ecosystem in France, and to offer France the best conditions for cultivating startups and innovation. With its establishment, the amount of capital earned for startups doubled from 2014 to 2015, and many French companies have been given more than $100 million in funding.