Cities are hubs of creativity, action, and crowds. The challenges and opportunities are great, and the Information and Communications Technology industry (ICT) is eager to bring solutions to this huge trend. Ericsson’s head of Strategy Douglas Gilstrap explains how ICT can contribute to a new ecosystem to make the most out of living in cities of the future.
Douglas Gilstrap, Chief Strategist of the Ericsson Group, concluded the second day at EBIF 2013 by saying: “It’s not only about speed anymore, network quality including latency is what most speakers addressed as a key priority when distributing services over the networks.
“The day focused on urbanization, and we learned about Japan’s Ministry of Information and Communication who believes ICT investments in elderly care and social services ought to increase. Square Enix told us their business and distribution model has been transformed as a consequence of fast network access. And NTT DOCOMO believes they will see their revenue grow from USD 6 billion in 2012 to USD 11 billion in 2015 from new businesses.
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“These discussions showcase not only the requirements on the networks, key to us at Ericsson, but also that ICT brings new opportunities as sectors in society and different industries are entering different phases of transformation.”
Watch Gilstrap’s comments on urbanization: