The technology has immense potential for ‘intelligent urbanization’ for India according to Susheela Venkataraman, managing director, Internet Business Solution Group at Cisco Systems. Read the article here.

Because of faster development in future years; 500 million people would be urbanized within the next five years. There would be emergence of new cities and 60 per cent of population would start living in the cities.  Intelligent urbanization in these areas would help in fostering improved citizen services with a better transformed and managed world.

But to achieve this model for future, there is requirement of public-private partnership. Intelligent urbanization needs a holistic approach from partners, advisory services, government etc.  Most of these projects have to leverage the efficiencies of the private sector with the regulatory authority of the government thereby making these projects sustainable and can mean a return on investment for IT companies for a long time to come.

It is interesting to note that Cisco and IBM next wave of globalization strategy is anchored the need by people, government and nongovernmental organization to create a sustainable global growth to ‘smartly’ utilize resources with minimal waste.  (Read my IBM’s