will transmit data at a rate of 100 gigabits per second, which, as a commercially available resource, is virtually unheard-of around the world.
The fastest Internet speeds in Cleveland currently buzz along at 40 gigabits per second. This sort of technological wonder resides only at major research institutions and hospitals at the moment. The city's involvement is huge here: Cleveland chipped in $200,000 to make this network happen, complementing a $714,000 grant from the Economic Development Administration. In all, rounded out by OneCommunity's own funds, the project will cost $1.02 million.
The Health-Tech Corridor includes all sorts of research facilities, hospitals, tech firms and cultural amenities. (Think CSU, ideastream, University Hospitals, Midtown Tech Park, Cleveland Clinic, Case, etc.)
And while this quote can be seen as simple civicspeak, Mayor Frank Jackson and the city's input here should definitely be recognized: "With the announcement of this 100-gigabit network, Cleveland is established as a center for innovation, while providing our area businesses with a competitive advantage that will allow more job opportunities to be created for residents."
Recently, Richey Piiparinen gave a talk at the City Club about, among many things, the "convergence" of medical and tech industries in Cleveland and that impact of such on our population. (It was a great discussion; just go listen
This morning, non-profit broadband provider OneCommunity announced plans to a new fiber optic network along Cleveland's Health-Tech Corridor (Euclid Avenue from Playhouse Square to University Circle). The