The Securities Litigation Expert Blog

Big Data for Big Cities

Posted by Jack Duval

Feb 25, 2013 4:37:43 AM

The internet of things is coming to a city near you.  The New York Times had an interesting article on how real-time data of a cities traffic, water, and energy use can be used to reduce its resource consumption by up to 50 percent. (NYT)

NYU has started a program called the Center for Urban Science and Progress to study the "science of cities".  This is just one more example of how New York is becoming of of the dominate technology hubs on the planet.

The initiative at N.Y.U. is part of a broader trend: the global drive to apply modern sensor, computing and data-sifting technologies to urban environments, in what has become known as “smart city” technology. The goals are big gains in efficiency and quality of life by using digital technology to better manage traffic and curb the consumption of water and electricity, for example. By some estimates, water and electricity use can be cut by 30 to 50 percent over the course of a decade.

 
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Topics: big data, Statistics, NYU, Complexity, Predictive Analytics, NYT, education

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