IBM's Techie New Deal (Mannerisms)

IBM's Techie New Deal

One of the benefits, or tribulations, of being elected a head of state seems to be that every one and their dog lines up to tell you what to do.

The boss of IBM, Sam Palmisano, has put up an economic recovery plan for the USA, which aims to do for modern times what President Franklin D Roosevelt's New Deal programmes did to get the US out of the 1930s depression.

Palmisano's plan involves public/private investment in making systems for utility grids, traffic management, food distribution, water conservation and health care more efficient.

Sixty-seven percent of electrical energy, according to Palmisano, is lost because of inefficient power generation and grid management. Congested highways cost $78 billion a year in lost working hours and wasted petrol.

Curiously, IBM supplies systems which mange utility grids and traffic management.

TOMORROW: TOP TEN FABLESS COMPANIES

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Posted by David Manners on November 18, 2008 4:49 AM | Permalink|

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This page contains a single entry from the blog posted on November 18, 2008 4:49 AM.

The previous post in this blog was You Only Get One Chance To Screw The Industry.

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Mannerisms

Ruminations on the semiconductor industry from David Manners