Smart Cities - A Roadmap for the Future
Around the world, governments are embracing the smart cities revolution — leveraging technology to improve public services and the lives of the people who rely on them. To move to the next generation of smart cities technology, government officials must look beyond flashy one-off use cases and revisit the fundamental issues they confront in other areas of governance, including doing more with less and maximizing the use of their existing assets.
This paper explores the current state of smart cities, details the potential of citywide approaches and provides a roadmap to help leaders take the next steps. More than 1,000 smart cities projects are under way worldwide, according to Deloitte.
Across the globe, a new forecast from IDC shows global spending on smart cities initiatives will reach $189.5 billion in 2023.2 In large part, that’s because developing a roadmap toward smarter cities is no longer an option for government leaders. It’s an imperative. A range of macro trends are driving governments toward smart cities technologies, including:
PUBLIC DEMAND — AND EXPECTATIONS. It’s often said that citizens now expect a similar user experience from their governments as they get from Amazon. At the same time, more than half of the world’s people now live in urban areas, and another three million people are moving into cities every week — placing ever-greater demands on infrastructure and requiring governments to maximize existing resources.
ECONOMIC GROWTH. Just as the world’s population is moving to cities, so are the engines of economic growth. The top 600 cities in the world will generate up to 65 percent of global GDP through 2025, according to McKinsey. And as they compete for skilled workers, global companies are prioritizing infrastructure and quality-of-life issues as they decide where to locate or grow, as seen by Amazon’s lengthy — and unusually public — HQ2 competition.
This whitepaper explores the current state of smart cities, the potential of citywide approaches and provides a roadmap to help leaders take the next steps.