Songdo: Big Data @ the smart city

While megacities around the world turn to the latest technology to become “smarter”, South Korea, one of the countries at the forefront of technology, is creating what will be the first smart city on the planet: Songdo International Business District.

Songdo will be located only 40 kilometers from the capital Seoul andis the most expensive development project in history, with an approximate cost of 35 billion dollars, mainly provided by the company Gale International and the bank Morgan Stanley.

This smart city of the future will have a 40 percent green space, will be fully interconnected and able to control the use of electricity, water and even the degree of street lighting depending on traffic. Continue reading