HP And IDC Reveals The Main Findings Of Smart Cities Study For Key Developers In The Region
Innovative IT solutions can tremendously contribute to reducing cost and saving money in tough economic times
HP focuses on the future of city developments following an IDC study answering key questions about the main ingredients of Smart Cities, their main business challenges and the role of the information and telecommunications industry in reducing cost especially in tough economic times.
IDC conducted some highly specific research around Middle East Smart Cities. IDC shared the main findings in the form of a Smart Cities whitepaper during an HP customer event for key real estate developers from across the region which was held at Atlantis hotel on Tuesday April 28th. This event was attended by key real estate developers from the United Arab Emirates, Bahrain, Kuwait, Qatar and Saudi Arabia.
By definition, a Smart City provides ubiquitous connectivity, future-proof broadband capacity and total wireless fidelity, with IP-enabled devices communicating and being managed through a control centre, allowing tenants, residents and visitors real-time access to key information about their environment from anywhere—connectivity is considered a fourth utility and remote management is paramount.
Smart Cities can help lower operating expenses, improve energy efficiency, increase security and safety within the city, heighten tenant satisfaction, enable countries to compete in an increasingly globalised and connected economic world and allow communities to recognize the benefits provided in terms of quality of life as they become increasingly technology savvy.
HP offers products, solutions and services that enable Smart Cities to address the short-term cost reductions required by today’s challenging economy, while laying the groundwork to exit the downturn stronger and more competitive
“Winning CIOs for Smart Cities are focused on both short term cost reductions as well as supporting long-term business growth,” said John Hoonhout, Managing Director, HP Middle East. “It’s not about spending more: best-in-class IT organizations spend about half as much as the average company on technology as a percentage of revenue. Instead, they focus on shifting their spend from operational maintenance and support to areas where they can innovate and deliver business outcomes. HP offers an unprecedented range of solutions to help Middle east Smart Cities emerge stronger when the economy recovers.”
Technology infrastructure and particularly services formed the framework of what IDC listed as essential components of Smart Cities, with ongoing revenue generation streams also being one of the major drivers behind the adoption of Smart City technology. Moreover, Smart Grids and tighter control system integration will deliver greater energy control and cost savings beyond that of existing, traditional systems.
Margaret Adam, IDC’s Research Manager for the Middle East and Africa Region commented, “HP recognizes that in order to succeed, all stakeholders need to focus on innovation and partnerships in order to fully benefit from the opportunities that a Smart City provides. In conclusion, IDC believes that investing in future-proof, energy efficient, and innovative solutions will pay off in the long run in terms of differentiating projects and ensuring future viability in this increasingly complex and globalized world”
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