Ferrovial - Annual Report 2012

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Innovation

Agreements and collaboration

Massachusetts Institute of Technology (MIT)

In line with its open innovation strategy, in late 2010 Ferrovial signed a five-year agreement with the Massachusetts Institute of Technology (MIT) to work together on research projects aimed at transforming cities and developing the infrastructure of the future. Currently work is being done by groups of researchers from MIT working in coordination with workers from the Ferrovial business. The average duration of each project is two years, with total accumulated investment of more than two million dollars.

The six projects in collaboration with MIT launched in 2011 continued through 2012 and met with their targets for the year. One more project was launched in the water innovation area, headed up by Cadagua, called the "Energy Optimization of Reverse Osmosis Seawater Desalination Plants".

As well as the three projects that the Services business unit is working on with MIT, Ferrovial Services extended its collaboration in 2012 through an agreement with the Senseable City Lab to innovate in the integrated services or intelligent cities model. Specifically, this involves various projects such as CityEye, which provides data from sensors that at the same time can be used as indicators for service provision and for interactive applications with individuals; or Basurcambio, which will be a marketplace for citizens' involvement in the reuse of materials from waste collection points.

Universities and institutions

Among the universities with which the group's companies have concluded agreements are:

Spain:

  • Center for Intelligent Infrastructure Innovation (CI3)
  • Politécnica University of Madrid
  • Tecnalia Technological Center
  • University of Cantabria (Waste Management)
  • LEITAT Technological Center
  • Alcalá de Henares University (CI3)
  • Politécnica University of Catalonia
  • CeDint Research Center for Smart Buildings and Energy Efficiency
  • Autónoma University of Madrid
  • University of Murcia
  • University of Zaragoza
  • Center for Environmental and Technological Energy Research
  • Carlos III University of Madrid
  • Institut Quimic de Sarriá
  • Girona University
  • Valladolid University
  • Granada University
  • CIEMAT

Europe:

  • University of Surrey (UK)
  • Aston University (UK)
  • Fraunhofer University (Germany)
  • University of Luxembourg (Luxembourg)
  • Alexandra Institute (Denmark)
  • University of Limerick (Ireland)
  • Pro-Akademia Innovation Center (Poland)
  • AALTO University (Finland)
  • Center For Research And Technology Hellas (Greece)
  • University of Birmingham (UK)
  • University of Manchester (UK)
  • Newcastle University (UK)

USA and Canada:

  • Massachusetts Institute of Technology
  • University of Texas

In 2012 Ferrovial became a member of Cotec, a foundation rooted in business whose mission is to contribute toward Spain's development through the promotion of technological innovation in companies and Spanish society as a whole.

Cotec has the following objectives: promotion of a technological culture and innovative attitudes, analysis of the effects of innovation, and institutional presence.

Through the Innovation and Processes Division, Ferrovial participates in the three committees that organize the Foundation's activities:

  • Innovation Bases Committee
  • Innovation Management Committee
  • Innovation Effects Committee

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This is an electronic version of the 2012 Annual Report prepared by Ferrovial, S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page