| IBM Says Smart Water Will Be $20 Billion Business | | Print | |
| Written by Akiba | |
| Tuesday, 17 March 2009 | |
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[Akiba] Damn...$20B...I used to think that was alot until the US bailed out AIG....[/Akiba] IBM is already staking claims in the smart grid industry to better manage electricity. Now it's doing the same for water, with a broad offering that will include developing sensor and intelligence networks for water utilities, smart water meters and a new technology for water filtration. What IBM (NYSE: IBM) wants to do for the electricity grid, it now wants to do for water. The computing giant is set to announce a set of services and technologies aimed at helping utilities, governments and businesses better monitor and manage their water usage. The age-old business of water management may seem light years away from the high-tech fields that IBM has made its name pursuing.
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