By Andrew Gunder, DCMME Graduate Assistant
Technologies that once seemed like science fiction fantasy years ago are very rapidly changing our urban landscape. The world is set to become more urbanized, and by 2050, more than 60% of the world’s population is expected to live in cities. Ensuring that these cities are better places to live with an adequate quality of life is essential to making them more sustainable and efficient with streamlined services.
Companies such as Intel, Cisco Systems, IBM, Verizon, Silver Spring Networks, GE, Ericsson, and Siemens are among those pioneering and building smart city solutions. The smart city market is projected to be a $400 billion industry by 2020, with more than 600 cities globally expected to contribute to 60% of the world’s GDP by 2025, according to recent McKinsey research.
In our digital age, imagine having the power at your fingertips via an app to gain fast access to traffic information, road conditions, points of interest, and more in a given city. At the end of the day, it is all about efficiency. The idea of using your smart phone to impact things such as traffic management, waste removal, and even snow removal is simply remarkable, and the next step in urban evolution.
What are some other companies that can contribute smart solutions to cities?
What kinds of technologies can help make a city “smart”?
What are the biggest barriers to bringing about a smart city?