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Smart Cities: Cities Move Past the Inflection Point of Knowing the Benefits of being Smart to Implementation of Smart Technology
“In 2014 we will be looking at the move of Smart Cities into the mainstream as we see governments commit finance and policy to smart city development, deployments of smart city protocols and operating platforms and acceptance of smart technologies as the norm in transport, energy, development, assisted living and security in cities. That compares to 2013, where the emphasis was on how the market is at an inflection point between talking about what ‘smart city’ means and understanding how to implement it,” write analysts at Ovum.
MIT City Science wrote that “in the future, cities will account for nearly 90% of global population growth, 80% of wealth creation, and 60% of total energy consumption. Developing better strategies for the creation of new cities, is therefore, a global imperative.”
IDC predictions for smart cities in 2014 is as follows:
- 15 percent of world cities will enter the “opportunistic stage of smart city maturity” in 2014
- Shadow IT will contribute to innovation but could threaten road maps of smart cities
- Mobile will become the key enabler for communication among city citizens
- Citizens will be able to track data about their city like roads, bridges, parking spaces, buses, subway cars, street lights, garbage bins, HVAC and other building systems
- Open data sets and APIs will start to affect policy decision-making
- Leading smart cities will adopt gamification in order to influence citizen behavior
- Worldwide smart-city spending on the Internet of Things will be $265 billion in 2014
- Smart cities will spend 15-20 percent of their IT budgets on the cloud in 2014
- Smart cities will find big data use cases in the areas of financial performance, public safety and transportation
- Competition and M&A activity of vendors serving smart cities will heat up
Ruthbea Yesner Clarke, Research Director, IDC Government Insights Smart Cities Strategies, said that “this is going to be a big year for Smart Cities. Cities will move more quickly from research and evaluation to investment in pilots and the organizational structures to support Smart City initiatives. We predict that in 2014 there will be a lot of partnership activity as vendors define their Smart City offerings and strive to gain customer mindshare.”
