They hope that lenders will use this data and consider underwriting larger loans to landlords based on the projected savings that come from retrofitting buildings.
When a new stadium is being built, that's easy enough to bid on, but when it comes to gradually retrofitting existing stadiums and simultaneously increasing the digital IQ of the teams and the leagues, there is a lot of work ahead," he said.
On buses, he pledged that every one in Greater London would be "at the very least" compliant with the requirements of the forthcoming Ultra Low Emissions Zone (ULEZ) by 2025, through a combination of new buses coming on stream and retrofitting.
The pressures from a potential IPO or increase in shareholder value means that many organisations are poorly strategising when it comes to content or simply retrofitting approaches made successfully by others in blind hope that it too will reap the same results.
Other funds will come from cost cutting, some from the savings in energy and water use from retrofitting buildings, and some from user fees, but "none of these funds will come from an increase in property or sales taxes," according to the speech.
"You can't do that by retrofitting cars one by one".
Neither the stadium nor the Olympics came to fruition, and, instead of great architecture, retrofitting is at the top of the agenda.
"Hollywood, always a conservative town when it comes to narratives and genres, is facing the challenge of retrofitting story lines built on the assumption of male leadership and centrality.
And they came eager to grow their multimillion-dollar empire — which specializes in retrofitting Broadway musicals (even flops) for audiences in Hamburg, Madrid, Paris and elsewhere into their native languages — and to develop more shows on their own.
Microsoft is retrofitting it for Windows Azure, but in the meantime, identity management providers like Okta are coming in to fill the void.
