The Mayor of Panama has declared his pride that the capital of Panama is Latin America's first 'smart city'. The global movement towards smart cities has been described as a phenomenon and South America has been slower than other continents in terms of embracing such a transformation. Cities all over the world are evolving as leaders attempt to shape a city that ultimately improves the lives of its residents.
US telecoms giant AT&T is working with Maxwell Air Force Base, officially known as Maxwell-Gunter Air Force Base, a United States Air Force installation under the Air Education and Training Command, to bring the power of IoT to their base operations and infrastructure.
Montreal has received an investment of $854m from Bell in order to implement the fastest broadband fiber technology directly to homes and businesses across the city. This investment is expected to create an estimated 2,700 new jobs and generate $2.2bn in economic activity. The incredible new infrastructure will provide direct links to 1.1 million residences and business locations - and will firmly place Monteal at the forefront of the global 'Smart Cities' movement.
One of Brazil's largest cities is utilizing ‘smart data' in order to effectively overhaul its public transportation system. Belo Horizonte has a population of over 2million and contains the third largest metropolitan agglomeration in the South American country. Public transportation in the form of buses is the preferred method of travel for the majority of Belo Horizonte's residents.
Customers at a leading American financial institution can now withdraw money from an ATM by using their smartphone. Wells Fargo have introduced card-less ATMs across the US in a massive digital push. Depositors from Well Fargo can extract cash from any of its branded ATMs - which is another indicative measure of US lenders desire to move away from traditional forms of banking into a new era of digitization.
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