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IBM sees huge opportunity for emerging environmental business

Patrick Thibodeau | March 1, 2011
Growth of market will also create multiple new positions for IT professionals, execs say

The students in the program are civil engineers, but the program includes research activity that requires collaboration with the school's computer science and electrical engineering department.

Garrett said that today, only a small number of buildings are "smart," meaning they can be operated at a much higher level of quality, comfort and cost.

Smart buildings hinge on collecting data from an array of systems, and then acting on that data. "If we aren't able to do anything about that data, to turn it into actionable useful information," said Garratt, "it's not smarter in my mind.

This need to analyze and structure a large amount of data collected from an ever-growing array of devises, is IBM's sweet spot, said Mills.

The market related to smart buildings and infrastructure is hard to measure, said Mills. "For the kinds of products that we produce, it represents many, many billions of dollars in annual opportunity," he added.

 

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