Milnton Keynes Invests £16m on ‘Smart’ Economic Growth
Milton Keynes is benefiting from £16m over the next three years to develop new ways of managing the city’s key infrastructure, such as transport, water and energy supplies. The project MK:Smart is developing Milton Keynes as a smart city and will help drive economic growth and provide a demonstration for cities across the world. Water management specialist, HR Wallingford, is a partner within the vibrant project consortium of organisations, led by the Open University.
The MK:Smart consortium involves a collaboration between industry, academia, research organisations and SMEs. HR Wallingford is leading the work on water, working closely with Anglian Water and other partners to develop a smart water management system to improve water efficiency across the city and support sustainable development.
The £16m investment comes in the form of an £8m grant from the Higher Education Funding Council for England’s (HEFCE) Catalyst Fund, match-funded by the project partners. It will show how to support the drive for economic growth by applying expertise to ‘smart’ solutions based on the analysis of the huge data flows that city networks are increasingly generating, as well as creating ‘open data’ innovation areas in the localities where they are based. Central to the project will be the creation of a state-of-the-art ‘MK Data Hub’ which will draw together information from a range of sources across the city.
HR Wallingford’s MK:Smart Water Work Package Leader, Valerie Bain, said: “This exciting project will show how the world-leading water management expertise we have developed at HR Wallingford can be integrated with big data analytics to develop new approaches to managing water and achieving sustainable growth.”
MK:Smart started this year and will run until December 2016. The newly launched website can be visited at http://www.mksmart.org/.