Programme

WHERE IS THE MONEY? FINANCING THE CONVERSION TO A SMART CITY

Navigating Revolutions in Technology
Panel Session
Congress Centre, Conference Hall D3

The impact of smart city applications is real and tangible. Leveraging the combination of sensory systems, the Internet of Things, cloud computing, and intelligent metering applications, municipalities worldwide are able to deliver high-quality services at vastly reduced prices. However, retrofitting the modern urban landscape is costly and the financing models are immature. Who is typically participating in the financing of the transition of municipalities into “smart cities”? What resources will be needed and what will be the consequences of such a transformation?

Moderator:
Stephan Solzhenitsyn , Senior Partner, McKinsey & Company

Panellists
Alexander Arnold , General Manager Industries Middle & Eastern Europe (MEE), SAP SE
Emmanuel Babeau , Deputy Chief Executive Officer, Schneider Electric
Stephen Brobst , Chief Technology Officer, Teradata
Kirill Varlamov , Head, Internet Initiatives Development Fund (IIDF)
Veniamin Golubitsky , President, KORTROS
Edwin Diender , Vice-President of the Government and Public Utility Sector, Huawei Technologies Co., Ltd.
Andrey Ershov , General Director, Moscow City Telephone Network (MGTS)
Anton Inyutsyn , Deputy Minister of Energy of the Russian Federation
Carlos Menendez , President, Enterprise Growth and Partnerships, International Markets, MasterCard
Heinz Hermann Thiele , Owner, Chairman of the Supervisory Board, Knorr-Bremse AG
Marina Tyshchenko , Vice-president, Chief Executive Officer, Philips Lighting, Russia and Central Asia

Broadcast

Key moments

It’s very important to localize right technology in the country to make the integration of smart solutions happen.
Emmanuel Babeau
A “smart city” is not a city where poor people use electronic cards, but where even rich people use public transportation.
Carlos Menendez
Introduction of smart networks in Russia would make it possible to reduce network losses by a quarter, which in monetary terms would be at least 90 billion roubles.
Anton Inyutsyn