Telefonica to build the city of the future through the Valencia Smart City Platform
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 23 May 2014
Release date- 22052014 - Valencia .- Valencia City Council has announced that it has awarded the Valencia Smart City Platform tender to Telefonica.
Telefonica has designed the first comprehensive smart city management solution in Valencia that will transform the city into a smart, totally connected environment.
The capital of the Valencia region becomes the only Spanish city to bring together all of its services through 350 connected sensors, allowing for the management of public resources through a single connectivity platform and enhancing various areas such as transport, energy efficiency and environmental services .
Javier Castro, general manager of Telefonica in the region of Valencia, Murcia and the Balearic Islands, emphasised the company's commitment to the project, stating: 'Telefonica has the firm intention of making the city of Valencia a global benchmark in smart cities.' In Castro's opinion, 'Telefonica has developed the best solution on the market, one capable of guaranteeing resource sustainability, more accurate incident reporting in real-time and more robust solutions to problems.'
Out of all of the proposals presented, the City Council judged Telefonica's Smart City solution as the most advanced. The platform is designed to monitor everything happening in the city and set out strategies that increase efficiency, thereby improving the quality of life for the inhabitants of Valencia and the thousands of tourists who visit the city every year.
Reducing public spending, optimising management efficiency and improving quality of service are the main objectives of this platform. The regional general manager at Telefonica highlighted some of the practical uses for the platform: 'City managers will know what is happening in the city in real-time and can cancel automatic irrigation on rainy days, open traffic lights to let an ambulance through, switch on street lights on a cloudy day to improve visibility and notify citizens where there are free parking spaces, along with many other possibilities.'
Telefonica's IoT (Internet of Things) platform adheres to the specification of the European FI-WARE standard. It consists of the FI-WARE services developed by Telefonica I+D, which are considered essential for defining an advanced smart city platform. The platform is offered as a service from the Telefonica Cloud. In addition, the open innovation ecosystem created around Fi-Lab (the FI-WARE experimentation laboratory) will simplify use of open data generated through the platform, collaboration with entrepreneurs in Valencia and boost ICT services in the city.
Through the implementation of this platform Valencia will become a technological capital, with efficient infrastructure for the likes of telecommunications, energy, transport, emergency and security services and maintenance programmes. All of these services will be constantly monitored and connected to a network, which will lead to enhanced efficiency and new high-quality services.
Valencia, the connected city
The Valencia Smart City Project will transform the city into an ecosystem of technological innovation, a platform where entrepreneurs and developers will be able to deploy their solutions to improve people's lives and have the potential to commercialise these solutions around the world.
The project, backed by the technological support of the Universidad Politecnica de Valencia, enhances Telefonica's commitment to innovation and entrepreneurship through various agreements with universities and initiatives like Think Big, Hack for Good and other programs aimed at entrepreneurs.
Telefonica is one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. From this outstanding position in the industry, and with its mobile, fixed and broadband businesses as the key drivers of its growth, Telefonica has focused its strategy on becoming a leading company in the digital world.
The company has a significant presence in 24 countries and a customer base that amounts more than 313 million accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.
Telefonica is a 100% listed company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4,551,024,586 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, New York, Lima, and Buenos Aires.
For more information about m2m business, visit m2m.telefonica.com or follow on Twitter at @m2mtelefonica and LinkedIn.
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