Smart Cities and Service Innovation in Cities

Smart Cities and Service Innovation in Cities

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  London, March 9th2010 Smart Infrastructures & Innovation Manuel Martínez Open Innovation Manager Ferrovial
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  INDEX 1.  About Ferrovial 2.  Worldwide Situation 3.  Smart Infrastructures definition 4.  Smart Living concept 5.  Open Innovation model 6.  Smart-Structure & Smart City model 7.  Innovation Center for Smart Infrastructures 8.  Conclusions 2
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  01. About Ferrovial • World’s first private investor in transport infrastructures, owning assets valued over 50 Billion Euros •  More than 90% of EBITDA comes from the Airports, Toll roads and Services divisions •  International infrastructure company (85% of EBITDA) •  Over 105,000 employees in 49 countries •  Over 12 Billion Euros in revenues Global Infrastructure Operator 3
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  Engineering Human Progress Vision: Make a valuable and lasting contribution to humanity Mission: Develop smart infrastructures to the customers full satisfaction, with respect for the environment, in order to maximise shareholder value, professionally foster all of our employee, and make a contribution to improve our society VALUES ACTIONS SOLUTION Anticipate – Improve – Solve INNOVATION Progress – Create – Inspire EFFICIENCY Efficacy – Results – Reliability COLLABORATION Teamwork – Cooperate – Share RESPECT Care – Protect INTEGRITY Ethics – Openness 4
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  02. World Situation Demography •  Currently 50% of the world population lives in a city, and in 2050 it will be 70% (6.4B people) •  Rapid urbanization is creating big urban stresses Environment •  30 to 50% of urban water is Technology wasted due to leaks or •  There are over 4B mobile breakdowns susbscribers in the world •  There will be 1.2B cars on the •  Location-based services and social road by 2015 networking is growing in capability and popularity •  Convergence of digital networks, sensors and analytics Economy •  The top 100 metropolis currently account for the 25% of worldwide GDP •  Global turndown push governments to develop new economic stimulus, creating new productive models and employment 5 •  Traffic jams costs $78B in fuel and wasted time
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  03. Smart Infrastructure “Eachhighway, airport or city that, based on technology and services, looks for the quality of life of its users, being economic, social, and environmentally sustainable” 6
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  04. “Smart Living” Open Innovation Ecosystem Mobility Energy Entrepreneurs People Businesses Environ- Science Technology ment Public 7
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  05. Open Innovation “Not all the smart people in the world, work for you”! Bill Joy, co-founder of Sun Microsystems, partner at venture capital firm Kleiner Perkins! 8
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  Closed Innovation Model Companies that rely entirely on their own research 9
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  Open Innovation Model Openinnovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively 10 Source: Henry Chesbrough, 2004!
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  The logic ofOpen Innovation !  Good ideas are widely distributed today; no one has monopoly. !  First to discover is neither sufficient nor necessary for commercial success. !  A better business model beats a better technology. Open Innovation is not about... ... but about technology only both technology and business model technical invention commercial value appropriating value win-win partners partnerships only innovation ecosystem building cutting research costs improving R&D and innovation ROI 11
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  Confidential Information 06. “Smart-Structure” Government Users Businesses Human Progress SMART SERVICES Intelligence Engineering Infrastructure’s Traditional Services Infrastructure 12
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  Servicios Inteligentes Smart City Smart Open City City 2.0: Agent Collaboration Ecosystem •  Services Maintenanc Services Preventive Smart City Smart Car Collection Efficiency Improvement Buildings Telecom Smart Efficient Mobility Energy Access Waste Smart Smart Parks •  New Services e - services only illustrative -! Assets Smart Sensors, Interconnectivity, Analysis Street Metro Parking Parks Roads Cleaning City Services Water Street Lamps Sewage Urban Waste Administration City Infrastructure 13
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  Centro de Innovación 07.Smart Infrastructures Innovation Center FOUNDERS PROJECTS Open Innovation Ecosystem Companies Science 14
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  Centro de Innovación 08.Conclusions •  Define a personalized strategy for the city (envision a better city?, ensure mobility?, protect the environment?, attract tourism?...) •  Take an holistic view of the city (interrelation among different city systems) •  Make it flexible (allow experimentation) •  Create a safe environment to develop new ideas coming from anywhere (citizens, entrepreneurs, SMBs, big corporations…) 15
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  Thanks! Questions, comments andparticipation at: [email protected]