IBM and Tulane University Usher in Smarter Buildings

IBM (NYSE: IBM) has unveiled its most comprehensive smarter buildings solution as it highlights three unique projects in New Orleans, New York and Minnesota that show the potential of applying advanced analytics and automation to buildings. With an estimated one million people around the world moving into cities each week, new urban growth is driving demand for buildings and energy use. Buildings consume a third of the world's energy, according to recent reports and up to 50 percent of energy and water in buildings are often wasted. In fact, by 2025, buildings worldwide will become the largest consumer of global energy -- more than transportation and the industrial sectors combined.