AT&T Inc. Is Teaming Up With the U.S. Government to Expand Smart Cities -- The Motley Fool
  • 9 years ago
This week, the White House announced $160 million in new funding and research grants to develop smart cities in the U.S.
At the same time, AT&T announced that it's now a lead member of the National Institute of Standards and Technology and will help the government agency set up smart city projects across the country.
The company will help bring new smart city technology to 10 U.S. cities, including connected solutions for lighting, transportation, safety, buildings, and parking.
The company's been building its smart city capabilities and already has 16.5 million smart energy meters in the the U.S. And just last month, the telecom giant teamed up with IBM to implement water sensors in Las Vegas, Atlanta, and Los Angeles.
It's still too early to tell how much AT&T could make from smart city technologies, but Cisco Systems thinks the IoT will save the public sector $4.6 trillion between now and 2023.
Recommended