From Norway to the World
We Bring Smart Cities to LifeBorealis Engineering develops resilient solutions to the challenges that cities will face in the next hundred years, with a focus on creating value for the communities and companies we work with.
The development of smart cities represents one of the most important and potentially profitable investment themes worldwide for the coming decades. As the world’s population expands from roughly 7 billion people today to between 9-10 billion people by mid-century combined with significantly improving income levels across the emerging markets, investment into smart infrastructure across the world’s cities will prove essential for improving transportation efficiency, environmental health, business effectiveness, political stability and overall quality of life for billions of people worldwide.
Frost and Sullivan & AT&T estimate the Smart City Market to be almost $2 Trillion USD by 2025. Smart cities are a key component of our digital future, bringing together the Internet of Things, BigData, artificial intelligence and self-driving cars to change the way we live and do business in major urban centers.
Borealis applies transformational technologies that lead to more livable, efficient and sustainable cities, towns and communities. We utilize inventive designs and technologies to develop three prototypical projects which will showcase livable, affordable, sustainable environments while promoting companies that have invented smart materials and technologies. Borealis Engineering SPV was formed in Norway to export the smart resilient city model tested and developed in Norway to the rest of the world.
Cities have a major impact on the economic and social development of nations and are the primary centers of consumption of resources. Currently, cities consume 75% of the world’s resources and energy and generate 80% of greenhouse gases, occupying only 2% of the world’s territory. The Smart City itself becomes a genuine digital platform that maximizes the economy, society, environment and welfare of cities and facilitates the shift towards more sustainable behavior among all stakeholders.
Data centers will play a major role in of the emergence of smart cities, which will require considerable connectivity, data storage and computational power for analytics to crunch all that data. The IDC forecasts that by 2025 the global datasphere will grow to 163 zettabytes. That’s ten times the 16.1ZB of data generated in 2016.
The enormous amounts of data produced by these cities will require the construction of new fiber optic cable networks both on land and across the oceans to transport the data to remote secure datacenters.
Borealis Engineering believes that the primary areas of focus in regard to realizing a true smart city are: Data-connectivity, Data-collection, Data-storage, Data-visualization, Data-analysis and the ability for input and control. These individual areas of concern must be designed to work together seamlessly and we have broken them into the following main components: smart datacenters, smart city IoT, smart planning and management applications, and smart city connectivity.
Borealis Engineering delivers green, resilient smart city solutions today. Based in Norway, Borealis brings together industry leaders in city planning, engineering and IT and coupled with new IP and our own smart city IoT architecture to design and deploy complete solutions for smart cites. These solutions are based on the foundation of datacenters and fiber optic cable networks, to capture, store and transport the huge amounts of data produced by smart cities.
Borealis Engineering aims to become the world’s leading smart city technology and development company. Borealis was built on the belief that new, paradigm-changing innovations in technology, finance, infrastructure and more are needed to meet the needs of unprecedented population growth, urbanization and climate change. Borealis is at the forefront of financing, developing and implementing the innovations that will lead to the build of smart infrastructure on a global scale.
Norway is, as Prime Minister, Erna Solberg stated in a 2017 speech, a country on a mission to become “greener, smarter and more innovative.” Borealis Industries' values are in line with these national goals. Borealis intends to take this mission to the rest of the world.