Smart cities are a myth. But cities are now finally ready to invest in new technology. No, I don’t find those two sentences contradictory. Yes, I do finally feel like the hype of smart cities is fading. And, yes, I do think the promise still holds much potential for cities. But boy have I tired of hearing smart, smart, smart, smart, smart (somehow 5 times sounded right to me, or should I say sounded “smart”).
Back in 2010 I wrote a lengthy report on the smart city opportunity for vendors. At the time my research was focused on vendors, and as the vendors were all worked up about smart cities it made sense to put some structure around the opportunity. What were the primary market drivers? What issues were cities currently facing or expecting to face in the future? Anyone who has attended a talk on smart cities knows the drill ad naseam: population explosion, urbanization, startling impact on city services (transportation, waste and water management, public safety, health, education etc.) And, I’m just as guilty. The slide at the right was from my first webinar on smart cities in 2010.Read more