Successful smart cities are those whose leaders recognize the importance of bringing together technology and sharing data in a holistic fashion, which in turn creates a safer and more comfortable environment for residents and visitors alike. With buildings creating 33 percent of greenhouse gas emissions globally, taking a look at building stock is a good place to start with smart city planning. City leaders are beginning to recognize that this planning will result in economic growth, reduced carbon emissions and cost savings.
Collaborate so you can innovate
Private investors are keen on identifying smart-city opportunities with solid returns. However, these investors understand that in order for projects to be noteworthy, they must be connected to an increase in public safety, community development enhancements and resiliency.