mannerisms

Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.

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

 

 

Tags: 1930s, depression, electrical energy, IBM, sam palmisano, techie

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