Copenhagen and Cisco enter into groundbreaking partnership
02 June 2014
In 2013, a corporate team from Cisco visited Copenhagen. Now the team is back again, this time to enter into a partnership with the municipalities of Copenhagen, Albertslund and Frederikssund, which will research and develop tomorrow's digital infrastructure, the Internet of Everything.
The goal is to strengthen services for citizens while supporting Copenhagen’s climate targets. Cisco has entered into the partnership with the three municipalities because of the clear green profile of these cities.
Copenhagen is one of the world's most progressive cities and most likely one of the only cities globally that will reach its climate targets by 2025. This is one of the reasons why the global networking giant Cisco is entering into a partnership with Copenhagen, Frederikssund and Albertslund. The cities will thus be in distinguished company with a limited number of cities around the world that are exploiting the opportunities of the Internet of Everything. The agreement is a result of Lord Mayor Frank Jensen's visit to California.
“Copenhagen and the entire metropolitan area are at the forefront of the green agenda. This will be noticed all around the world. Signing an agreement with Cisco to cooperate in the development of future smart cities is not just about the further development of Copenhagen and the surrounding municipalities. It is also about increasing knowledge, investment and jobs throughout the capital region”, stated Lord Mayor Frank Jensen.
The agreement between Copenhagen, Albertslund, Frederikssund and Cisco includes a number of technological solutions to improve services for citizens and to help the city reach its goal of CO2 neutrality by 2025. Internet of Everything strategies will be used with existing solutions and radically new solutions for Albertslund and Copenhagen. The way in which many services, such as outdoor lighting, parking, mobility services, beacons, kiosks, location-based services, sensor-based water defences, physical infrastructure monitoring and controls, and smart energy grid services are developed, validated and scaled will change as they converge onto one network.
Cisco invests in Copenhagen
The partnership also entails that Cisco invests money, time and expertise in the metropolitan area. The intention is that both Copenhagen and Cisco will learn from each other. Together with other municipalities, businesses and knowledge institutions in the metropolitan area, they will develop new products, solutions and opportunities .At the same time, Cisco has announced a global fund of $150 million to help accelerate start-ups and ecosystems around the Internet of Everything.
“The Internet of Everything data revolution now is embraced by Copenhagen, which already is one of Europe's most innovative cities. It has an ambitious green vision and is a perfect setting for a green laboratory. The projects in and around Copenhagen will serve as best practices bringing greater efficiency, cost savings and sustainability that other cities in the world can reproduce. Today, only 1 per cent of all the things that surround us are connected to the network. By connecting the world, we can create $4.9 trillion of economic value to public sectors globally, $3 trillion of which can be realized in municipalities”, stated Wim Elfrink, Cisco's Executive Vice-President, Industry Solutions and Chief Globalisation Officer.
Besides the partnership with Copenhagen Cisco is working on similar projects in Barcelona, Amsterdam, Chicago and Hamburg.
Read our original press release here