It takes a village to build a Smart City
Robust collaboration between stakeholders is crucial to success.
THE rise of Smart Cities was a silent one, yet its impact is profound. According to the United Nations, 66 per cent of the world's population will be living in urban areas by 2050. With more and more people moving to metropolitan areas for greater employment opportunities and higher quality of life, city infrastructures struggle to cope with a growing population. To address the challenges of urbanisation, government officials are quickly harnessing technology to efficiently deliver public services and enable new applications - from intelligent water systems to smart metering - in its efforts to make cities more liveable and sustainable.
The idea of integrating technology with cities to improve the quality of life of citizens gave birth to the term "Smart Cities". From Barcelona to Jakarta, Smart Cities have found its way into key cities across the world and over the years, enjoyed strong momentum in the Asia-Pacific.
Smart street lighting, for instance, are some of the more popular Smart City projects - not only for the cost savings it delivers but also the way it can be used as a site to host other sensors, including real-time traffic surveillance and pollution monitoring. Jakarta is currently upgrading nearly 90,000 street lamps citywide for its Smart Street Lighting system, which will enable city engineers to efficiently monitor the lighting infrastructure and remotely manage illumination levels to match different needs by district.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access