21 Sep '11, 9am

Taking Stock of Progress on Smart Cities

Taking Stock of Progress on Smart Cities

Every day, we are seeing rapid growth in commitments to and projects around smart grid, smart cities and smart transportation -- an evolution and convergence of technologies that we call VERGE . It encompasses a huge number of business opportunities that touches almost every industry, and could grow to a $40 billion market by 2016 -- if the companies and organizations creating these technologies can get it right. For the last five years, a shifting consortium of companies and non-profit organizations has held an annual event, The Meeting of the Minds , aimed at bringing the leaders of these technological revolutions together for a no-holds-barred look at how well these smart technologies are performing in the real world. "We have to be brutally honest with each other about what works and what doesn't," explained Gordon Feller, the director of Cisco's Urban Innovations Publ...

Full article: http://www.greenbiz.com/blog/2011/09/21/taking-stock-prog...

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