 Well, good afternoon, and I don't know how you are doing, but you know I'm overwhelmed with information and ideas and then at the end of the day that's What can you add? So what I want to add is a perspective and I'm an optimist And I think that we are talking about the creation of a new industry and I'll come back to that the first three years We're always too optimistic and the last three years with two pessimistic and I think we are somewhere in the middle So what I want to do with you is go through some technology what I think is going to be a key enabler and The technology is not the solution and let me say that again and again and again. It's a tool It's an enabler We are the solution We have to make it work and I really want to give an compliment to the organizers of this conference I mean the quality of the discussions the depth, but also the facilitation. I think they do a fantastic job for us and What are the challenges we need to address and From a social point of view And I just tried to to give some elements that I think we can attack By enablement of technology. I've divided it as you can see the developed world and in the emerging countries and What you will see is there that there are a lot of similarities And but I lived the last five years in India in Bangalore and I've learned a lot When I came there and the Minister of Commerce Kamal Naat. He said to me BIM you probably have an MBA. Yes, you have to unlearn You have to completely start thinking different. Don't try to sell what you have. Let's create what we need That is one of those first things that that's in my brain and my top ten of problem statements that I would have had in California changed dramatically and I got a complete different agenda But if you look at it the emerging countries you've said about it that 700 million people will be urbanized It's 180,000 today and there is a need for a hundred new cities with 1 million people I am not an urban planner, but I'm still surprised that urban planners tell what doesn't work I still haven't seen a plan How to urbanize how are we going to build a hundred new cities? In a decade we have not that answer yet 50% of the new building and construction is in Asia So you better be there because that's where the innovation will come and the Chinese master I would say master planning and urbanized planning We look with our view and probably say I don't know but let's listen to them Quite embarrassing of course is that 50% of the population in India and Africa does not even have access to healthcare and education Three billion people in the next decade are going to be connected to the internet that means that people in Rural areas I will get access to information Before they have access to water and electricity and I dare to predict that the next bill gates will come out of the rural areas Because technology will enable business models and innovation that we haven't heard of yet And then we have to dream a little bit on how that could be possible and there is a shortage of four million teachers in India alone and 150 million people have to be trained and If you take the United Nations standards and we talked about safety already We will need an additional 600,000 police agents in India alone If we do it in the traditional way if you look into the developed world that's I think Revitalization has started and we have already heard a lot of good stories on the other hand only 3% of Buildings are lead certified and you know, it's astonishing at that 70% of energy is used in cities 70% in buildings Utilization is 40% You know why not a decrease like we did in San Francisco that every new building has to be lead certified It's a political illness that did to get that done If you look in the US, there's going to be an enormous mismatch with the demographic shifts that aging population Europe aging and shrinking and that there will be two million home care workers needed There is already a shortage of 200,000 nurses and the inequality is getting bigger in supply and the amount of jobs A million teachers are going to retire in the next decade and stem at that science technology engineering and math four out of the 10 are going to retire and believe me young people Don't want to work in manufacturing. It's not cool at the mayor of Chongqing. He said to me women You know manufacturing back in the US you guys walk on leather shoes You're not going back in the factory that accept that and so we have to accept a complete mismatch Crime rates are up a lot of cities are doing a great job But you know, I don't want to be the pessimist here crime rates are up and 60 percent of city dwellers Have been confronted with crime and so if you take the commonalities between the two and you say what what can be addressed with Technology, then I think the common themes are safety and security and there will be a lot of discussions about Privacy But a lot of things will be trade-offs I had the pleasure to work with Nandan Nilikani in India and on give people a unique number and there are a lot of you know positives and negatives, but if you give people an identity That's a big thing access to healthcare and education And that's from a technology point of view in emerging countries. That's for me always the first priority The talent mismatch supply and demand. Let's accept That there will be another wave of outsourcing and I wouldn't call it outsourcing I would call it the right sourcing we have to accept on the globe and that the globe is going to be a Global marketplace and where will work be done is the supply and demand if we are to Protectionism that are to keep what we have or to not give or try to steal things back Maybe nowadays called indigenous innovation I call it protectionism and then last but not least from a technology point of view energy management and urbanization So we've heard this technology that everything is going to be connected We call it the Internet of Things and it is happening. Everything will become Orientalized we are an inflection point at the moment 37 billion Devices will be connected And we will add three billion people to the internet that my dream application is machine-to-machine and alarm clock and that's work comes to you nowadays So when I'm here on the conference, I still work like you probably all do and that work follows you And so this morning, you know alarm clock at four o'clock and conference call at 4 30. I phone in meeting cancelled Why not connect it to my alarm and people would have warned me That's how I think with my Western type of mentality How we should think is that we can enable productivity We can create new value and things that are connected can be green and secure. This is how I look at the city I'm not an urban planner, but The Internet of Things is around since 1998 and probably you will ask now why now why is it now so important? I think it's because of clouds computing and maybe we have new opportunities and most important and look at the tablets In the wireless type of communication work will fundamentally change and there will be you know three kids in a rural area Somewhere either in India or in Indonesia who will come up with an application for something an application We haven't thought of and let's not fool ourselves You know if I talk to my children 13 and 16 and I talk about my youth that I was 14 years old and we call the black and white television at home They don't understand me and there are no children here We should get some people in from 14 and 16 years old and see how they work live work play Totally different listen to them. I Dare to say that most people above 40 are not innovative anymore and of course we are the exceptions Think about it. We think in barriers. We think in imperatives Study young people and that's another shift that the young people are in the Middle East in India and Indonesia Even China is already Aging and so how cities will look in and this is how we will start in the mature cities We'll get integrated operation center. However, everything comes together This is Rio de Janeiro and that we have a passion mayor and I love cities with a deadline And they're going to get the Olympics. They have to get their act together And so they are executing because a lot of things are not executed on the other side Citizens will get access to services either on their mobile on their phone on the tablet on whatever type of device I don't know yet. Let's dream a little bit big data becomes open data for citizens to use and that's you know We talk about analytics and gathering of data But it's not about the data. It's about the information the knowledge and the wisdom. What if scenarios? That's the future. What are you going to do? Make the data available and public sector has started that and private sector has to start working together and do the Same and then young kids will develop applications on it as simple as that and that that will be an inflection point And it also is going to work in rural areas. I have to hurry up These are services. I'm not going into detail But these are things that we are experimenting in the developed world How to monetize that how to pay for it? And that's an that because people are not going to consume technology They go into consume services and that should be at the opening and to think about what is happening if you think about it in the world at this moment a hundred movies a week and 250 books released and we have 15,000 new apps every week and these apps are platform Independent and there will be ones that will suddenly break through and give tremendous opportunity for innovation and business models We don't think about because we think in our Isolated type of world and so you already see that in in in the US in in Washington, New York Open data and people start developing apps enormous returns and citizen services are improved and Barcelona Stockholm Hamburg great examples of how revitalization is working and how people attract young talent and because it's going to be about the balance between an economic social and Environmental objective at the three have to you can live in a green city, but if you know job, it's not fun And we know that here in London in some parts of neighborhoods burrows that we had more than 40 percent unemployment with high crime rates and I think London has done a fantastic job And with the deadline of the Olympics to upgrade a lot of burrows and now to build on that We talked about smart working centers It's a concept that's going to be globalized and I think as a vision think about how the world will become a global work place And we will virtualize work and we will get it out already in rural areas in India in villages And then perhaps you don't like it, but again, it's facts People are doing surveillance video surveillance for retail stores in the UK and the US illiterate people looking in stores and pushing a button if something goes wrong And they're very very happy with that job. We probably would say it doesn't need to stand its but it is clean job It's a respectable job in the other first. This is not project is not so well known It's the biggest infrastructure product in the project in the world. It's the moon by Delhi Corridor 1,400 kilometers 28 cities and look that Cities to be industrial hotspots with world-class infrastructure and connectivity citizen services It is in the master plan. I see still master planning where ICT is overlooked but people don't think about technology because urban planners like to build iconic cities and iconic buildings Offering not pragmatic. I'm not going this but these are all projects case studies I'd love to share them with you where we also talked about how to pay for it. What is the monetization model? How can we get these done? And so a lot of documentation around that but just to set it at the benefits of sustainable communities if you embrace that economic social and environmental balance and that energy saving 30% easy water 50% Singapore is already water neutral crime rates down 20% If people are more happy traffic down by 30% if we have a small app and you see that coming up for parking that just solving parking Problems that saves 30% in traffic congestion. And did you know that an average Citizen in Paris spends four years of his or her life finding a parking place It's really, you know, it's ridiculous It will create jobs and now my point specifically for emerging countries We are cracking the codes that we can deliver education for three dollars per student per month And we can deliver virtual health care with 80% of doctors called don't need physical intervention anyway For $3 per intervention and then our price points that are going to work in the I cracked the coke to make telephony affordable and 900 million people have a cell phone in in the US and in Europe we spent on average $50 a month on the phone in India two and a half and we have so if we are going to scale and this is a project This is in a village we built a bit housing have it I wouldn't call this a house But it is a house and people are very happy with that we have to think different heavy created Virtual health care virtual education and this is a model that if we get broadband because we need it And that that is the enabler whether you like it or not It's like if you want to do distribution if you have no roads it doesn't work But we have now proof of concepts that we can monetize that that we can scale or that we can spread and I'm quite optimistic. Have it the right political will that we solve it and we have documented this that there are now Stores in the villages. There's an economic cycle going That people go to the classroom in the evening in China and it's after the terrible earthquake in the province of Chengxin that that we have done remote health care and and China has now a five-year plan had to give Healthcare to 98% of the population at affordable costs. So my closing slides and this is a call to action to all of us We talk about the creation of a new industry and we have to step out of the box We need visionary leadership and we have that but we also need global open standards Otherwise, we can't make it affordable at prices will come down and things will be affordable if you standardize We need smart regulation policies a lot has already been said if your water neutral and you have to have an You know a water tank in the ground like like the policy in Australia that goes your benefits And we have to come up with building codes We have to create public private partnerships and we could have a session around that and then last but not least We have to work together. We need new ecosystems and that there is no company in the world who can do this alone And we have to team up and if we want to make it happen, we can make it happen. Thank you very much