The City of Madrid and IBM, through its subsidiary INSA, have announced the start of a ‘smart city’ project, designed to improve city life for Madrid’s three million inhabitants.
The contract, with an estimated value of approximately US$20 million, will IBM’s Smarter Cities technology, including Big Data and analytics, to transform the city’s supplier management model, allowing the city to manage and pay each service provider based on service levels in an effort to improve the management of public servi