It is a fact that some of the well known technical hubs have proved to be the best ones in the wide technology that have made them leaders of the world. One of these famous cities is the Chattanooga that has proved its aspects in a great way. So, it is the time to enjoy reading about some.
NOKIA- A BOOST TO CHATTANOOGA’S INNOVATION
Nokia has proved itself to be the power behind the setting up of the network of applications of the fiber optics. It has established the 10-gigabyte networking system and also paved ways for the applications of the gig. It has also many documents that help in realizing how much transformation was seen in the path of the technology in Chattanooga.
ECONOMY BASED ON TECHNOLOGY
There are different communities that are specially based on the internet supply. The zones using the internet are as follows:
- Apison where broadband service is 744 which is 44 percent
- Signal mountain zome- 2921 people use which is about 43 percent
- Lookout Mountain community has 398 people using comprising about 42 percent.
- Downtown broadband is about 120 people using about 7 percent
Besides the sectors like the Altron Park and the East Lake is also using the service.
The city is basically built with the internet supply as it foundation.it is very disadvantageous to continue life without internet. The investment in the sector of broadband has helped all the communities to ensure an internet connection. Though the internet access is easy, yet there has been a large divide between the rich and the poor communities. Here the scenario is such that the young, rich and educated people are increasing the use of the internet who is also the tech-savvy population and always finding new startup business.
So, the Government at the municipality level is too worried about the fact that this discrimination will prevail until all the population is properly educated.
The income from the field of a speedy internet supply is also varied. With a population of about 174483, the median property value is about $145000 and the rate of owning the home is about 53.4%. The average car ownership in the city is about 2 cars per household. The households have an annual income of about $401777 which is much less than the United States. The salary for the average men is $55836 and female is $40520.
Also, it can be said that the technical boost though could safeguard theentire population to an extent, but it was still not that capable of fetching all the comforts. There is a need for huge improvement and even educating everyone to open new start-ups to earn better.
SETUP OF THE CITY TO SHOW THE INNOVATION
There are maintained buildings with banners hung all around describing the innovation of the city. This place is around the newly renovated Edney building which has proved itself to be in the form of a primary boost to the city. The downtown of the city has been renovated to a great extent.
It has been thought to provide more opportunities to increase the local economy of the city. People had been wondering for a long time that how more innovations can bring larger economy. So, it was thought that the Edney building shall be given a newer look along with the Enterprise center to promote newer startups.
It was even thought that the Arts Building and the Fleetwood building would also build many other blocks all around the city to open more offices, art studios as well as the apartments which would have a combination of the Coyote Logistics in Warehouse Row and also at Lamp Post which already have a number of workers employed under them.
So, it can be clearly estimated that how much such programs were beneficial in bringing changes to the city. New capitals have also been provided by the Chattanooga Renaissance Fund and the Jump Fund which has allowed for the organization of the centuries. The attempts have allowed the interactions among the participants in all the attempts.
COMPLETE INNOVATION DISTRICT COMPLEX
Chattanooga has proved to be such a city that has totally dedicated a part of the city to prove its technical background. The part of the Market Street has been given for the cause of presenting the innovations. The buildings that are included here are the Public Library, EPB, UTC, The Arts Build, the Lamp Post Group and many others. Already there has been the relocation of the Edney Building which was used by TVA for many years. Along the whole week, there are celebrations regarding the entrepreneurial economy that has been developed in the city. This has also turned out to be in the form of capital funders and the start-up tycoons to visit the city for the promotion of newer business plans. Some other groups of investors have also thought of introducing startup execution programs. One of such investor is theStartupWeek.
When a city is laden with a group of people trying to innovate the city in each and every possible way, there is always a hope for better developments.
Chattanooga is currently building a $7 million wireless mesh in order to give the police stations an access to use the laptops in any part of the city. But, the program never flourished due to the presence of certain dead zones.
This is yet another r organization which has sought ways for the start-ups in the city which had a requirement of high bandwidth industries as well as the e3D printing technology as well as startups in the form of the SDN.
One of the most significant technologies is thebranch Technology which is the housing based on the 3D printing which had later shifted to Chattanooga.
ABOUT Venture Beat
All the resources and the information regarding the fastest innovations in Chattanooga have been widely dealt withthe official website of Venture Beat. Venture Beat is aleading source of information since years which presents all the developments around the world in a complex manner which allows the developers, entrepreneurs,and the businessmen to find smarter ideas from the articles in order to apply them in their daily life.
The researchers are based on the complete timely analysis. The news is always updated well in time to provide the fresh ones. The events are uniquely dealt in order tobe perfect information tool to all of those who want to have a clear picture. So, for more information, one can easily visit the official website www.venturebeat.com to find out a million of practical ideas.
Chattanooga is the city that has proved itself to be a great one which got its entire backup from the strong internet connection and by which most of the people have earned a livelihood. This city inspires many other countries of the world that the size of the city does not matter, all that matters is just the willpower of doing something new.