How Smart City Technology Improves Decision Making
“The Newcastle Urban Observatory is part of a global movement to develop what are known as smart cities: where embedded sensors provide real-time data on city systems to optimize performance and enable evidence-based decision making.”
How to Secure Smart Cities from Cyber Threats
“The cyber-risk to smart cities is compounded as a result of the dramatic proliferation of so-called “endpoints” at the edge of municipal networks and as gateways to the cloud. These are not just more notebook computers, tablets and smartphones but novel forms of sensor-based, “intelligent” systems and devices.”
Global Smart City Tech Spending to Reach $124 Billion
“The top 100 cities investing in smart initiatives in 2019 represented around 29 percent of global spending, and while growth will be sustained among the top spenders in the short term, the market is quite dispersed across midsize and small cities investing in relatively small projects.”
Wireless Apps will Transform the Smart Building Market
“Together, these new smart building solutions will grow at a 32 percent CAGR over the next 8 years to create $2 billion in software and services revenues by 2026, according to the latest worldwide market study by ABI Research.”
How AI and Automation will Transform Global Economies
Artificial Intelligence (AI) is shaking up the global pecking order, allowing many smaller countries to stand tall in a new competitive landscape. Established metrics such as GDP can tell you at a glance which is the world’s largest economies. But they won’t tell you which ones are most likely to succeed in a new AI-driven world.
The Upside for Smart City Device Management Solutions
Smart city projects will gain new momentum in 2020 as more municipal government leaders adopt new technologies, such as the Internet of Things (IoT) and Machine to Machine (M2M) communications.
The Evolution of Smart City Technology Use Cases
According to Navigant Research, cumulative 2019-2028 revenue for the global smart city technology market will reach $1.7 trillion. According to the report, the emphasis is now on deploying smart city solutions at scale.
Smart Pole Revenue will Reach $1 Billion in 2022
Various governments have started initiatives to transform their cities into a smart city. According to TMR, with the adaptation of digital technology on a street level, street lights are experiencing a makeover and are being revamped into ‘smart’ street lights.
Why Smart Cities Invest in Digital Transformation
Unprecedented urbanization is compelling cities to fundamentally reimagine and transform for the future – and fast. According to a study, roughly half of the world’s population lives in cities today and that figure is expected to increase to 68% by 2050.
Smart City Innovation for Emerging Markets
“There are several reasons why ‘smart city’ technologies rarely address the most important challenges of low and medium-income cities. For one, the overwhelming focus of the first generation of smart city vendors was on wealthy cities in mature economies.”
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