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Understanding the challenges and opportunities of smart cities

How do you make a city smart?

Being smart about the IoT in smart cities

Many cities may have the intention of becoming a smart city, but the process of becoming one is not a clearly defined one-size-fits-all solution. Even the term 'smart city' can be interpreted in various ways, which can seem daunting and overwhelming to cities intending to embark on their smart journey.

 

Despite still being at a relatively early stage, the development of the IoT market has been identified as becoming an important aspect in the future of smart cities - both culturally and economically. Yet, the ways in which each city can choose to implement the growing number of IoT technologies can result in cities being reluctant to bother at all. 

 

In an attempt to further demystify smart cities and the role IoT applications within them, a report created by SmartCitiesWorld and Philips Lighting set out to answer some of the fundamental questions posed by smart city development. More than 150 industry thought leaders from around the world were surveyed in order to create a comprehensive guide to the challenges and opportunities smart cities create.

 

Get the report and find out what other insights were gained from this extensive survey.  

In the report:

 

  • Why industry thought-leaders think Singapore is the world's 'smartest' city
  • What the most critical requirements are for a smart city
  • Suggestions to ease the implementation of smart technology

Cities already consume more than 70% of the world’s energy supply. By 2050, 6.5bn of us will live in urban areas – 2.5bn more than today. We need to use the IoT to create efficient, sustainable cities if we are to live in an efficient, sustainable world.

 

SmartCitiesWorld

Starting small, thinking big


In the report, SmartCitiesWorld stress the importance of ensuring that each smart city project fits into a coherent long-term strategy and details how cities can overcome their smart city challenges. Perceived obstructions to progress are a lack of capacity and experience to engage in smart city development - budget limitations were a concern shared by 22.7% of respondents. One potential solution, outlined in the report, is to start with smaller IoT projects and pilots that help cities advance towards larger goals in more manageable steps. Another advantage of smaller projects is that securing funding for them can be easier, as there is less risk. Small projects can lead to small successes which could open the door for more significant projects in the long-term, as well as justifying increased future investment.

Download

 

Want to find out more about what 150 industry thought leaders had to say?

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