GRIDSMART Speaks as Industry Expert at Smart Cities Panel

KNOXVILLE, Tenn.,– GRIDSMART Technologies, Inc., developers of the world’s only single camera solution for intersection actuation and traffic data collection, was a featured panelist in the Smart Cities Panel at LiveWorx 2016, the premiere Internet of Things (IoT) Conference recently held in Boston, MA.  Smart Cities, Where Are We Now, focused on how to use information and communications technology to create more livable, workable and sustainable urban areas.

“With 78 cities across America recently applying for a $40 million dollar grant from the U.S. Department of Transportation, momentum is growing for cities to become smarter,” said Chris Davis, Senior Advisor with GRIDSMART, who helped facilitate the panel discussion.

According to the United Nations, by 2050, 66 percent of the world’s population will reside in urban areas. Rapid growth from urban migration, traffic and parking congestion, escalating operating and capital costs, crumbling infrastructure, inadequate tax bases, improving security, and funding constraints are facts of urban life.

The Smart Cities panel focused on how cities can turn unconnected city devices-utility meters, traffic signals, street lights and parking meters-into smart and adaptive, connected and intelligent nodes that are capable of collecting data and making real-time decisions; communicating with each other; and sending data via wireless and wired networks to cloud based management systems.

“Inefficiencies at intersections have far-reaching effects that negatively impact the economy, environment and the population, including pollution, lower fuel efficiency and economic impact that stems from long commutes and congestion,” said Davis. “GRIDSMART deploys mobility and traffic management solutions to create smart intersections and reduce urban congestion, maximize efficiency and lessen environmental impact.”

GRIDSMART is used to control signal timing, to improve traffic flow through cities and to improve safety. Real time performance data – time-stamped traffic volumes, turns, average speeds, vehicle types, pedestrians, etc. – is collected and made available to traffic engineers, urban planners, metropolitan planning organizations and others for analysis and better decision-making.

With so much attention focused on autonomous vehicles, Davis also discussed how city assets such as traffic signals and intersections can communicate with these vehicles. Since GRIDSMART presents a horizon to horizon view and manages the center of the intersection, alerts could be sent to autonomous vehicles that other vehicles, pedestrians, bicyclists, etc. are in the direction of travel or in the intersection despite a green light indicator.  The center of the intersection view can be wirelessly delivered back to a traffic management center and mobile devices, such as iPhones and Android phones.

“Technologies like GRIDSMART and others discussed by the panelists and delegates can enable cities to achieve their major goals – SMART Transportation, SMART Environment, SMART Living, and SMART Economy,” said Davis. “We are at the beginning of an exciting global movement.”

About GRIDSMART

Founded in 2006, GRIDSMART Technologies, Inc. is a Knoxville, Tennessee based company backed by venture capital investment from around the United States. Used in thousands of intersections across 46 states and 22 countries, GRIDSMART systems include the industry’s only open API, built-in replay functionality, and a published change log. GRIDSMART products are built to be Simple, Flexible, and Transparent. For more information, visit gridsmart.com.