CONNECTING CITIES TO THE INFORMATION AGE
Studies show that by 2020, cities will have nearly 1 billion smart meters and that 50 million street lights will be smart street lights. Let’s highlight the key market drivers fueling this Smart City application growth.
Sustainability — A preliminary requirement for a Smart City investment is sustainability. The technologies used to operate these cities must enable clean energy initiatives to create a greener, more environmentally-friendly city that successfully meets energy, emission, and waste reduction goals. Examples include optimization of pickup routes in waste management, parking systems to reduce driving time in search for an available spot, emissions sensors, and street lighting solutions that respond to current environmental conditions.
Public safety — Ranging from traffic situation monitoring and responsiveness to improved lighting solutions and video surveillance at main intersections, public safety initiatives can lower crime and reduce traffic incidents.
Cost-savings — By implementing wireless and positioning technologies, a Smart City enjoys many cost savings: