Boston, MA 06/12/2014 (wallstreetpr) – Intel Corporation (NASDAQ:INTC) has vouched for implementing plans to transform San Jose in California into a smart city with its ‘Green Vision’ initiative. The collaboration between INTC and the public authorities of San Jose is expected to drive economic growth in the region, foster 25K new clean-tech job opportunities, ensure environmental sustainability, thereby enhancing the quality of life for the city’s residents.
Intel Has A Big Role In Developing SmartAmerica
The collaborative SmartAmerica Challenge project, a public-private association, is key to developing the US into a clean-tech center. INTC shall use its resources to gather critical data and take strategic decisions, make room for improvements to plummet the city’s energy needs, pollution and such other parameters. The city governments across the US have unanimously decided to invest $41 trillion for the next two decades to upgrade their public infrastructure with INTC’s intelligence!
INTC’s ‘Green Vision’
In a drive for a sustainable ‘Green Vision’ SmartCity projects and ensuring the restoration of ecological balance in the long run, INTC hopes to install gateways that act as connecting link to an interweaving network of third party sensors and Intel Quark™ processors.
Every Intel Corporation (NASDAQ:INTC) gateway shall have a Wind River Inteligent software platform, secured from cyber intrusions powered by McAfee Security. Each gateway shall be well connected to INTC’s Hadoop cloud distribution center.
INTC Endowed With A 20 Years’ Long Project
This latest announcement has painted a rosy picture about INTC’s prospects. With the pilot project staged to be in vogue for at least a couple of decades, in an experimental phase, it is apparent that INTC shall be in the news about making cutting edge innovations, powered by sumptuous public funding.
This pilot project shall reap strong, long term returns for traders, provided the company doesn’t witness pitfalls in other avenues. It is an imperative that investments will flow in, but perhaps not in bulk!
INTC Tempts Investors
Lately, Intel Corporation (NASDAQ:INTC) has also collaborated with Asus to launch its Moorefield chip (Atom’s successor). Moreover, it has plans to partner with Samsung to launch the cheapest top-brand monitors at 4K, signaling anticipated humongous sales, impacting upon increased investments.
