According to technology intelligence firm ABI Research, investments in urban infrastructure aimed at implementing new visions for smart cities will reach US$375 billion by 2030 as cities invest in brownfield and greenfield projects. Drivers behind urban innovation are numerous but both the digitalisation of lifestyles, accelerated by Covid-19, and the increasingly pressing need to address climate change are powerful engines for metropolitan transformation. Additional agents of change include the call for more equity and inclusiveness, scalable economic development, and more affordable living. More →

Singapore, Helsinki and Zurich have taken the top three places positions in the 2020 IMD-SUTD Smart City Index Report, a collaboration between IMD and Singapore University of Technology and Design (SUTD). The 2020 Index ranked 109 cities, 7 more than in last year’s inaugural edition, by using both economic and technological data, taken together with citizens’ perceptions of how “smart” their cities were. It is published under the aegis of the IMD Smart City Observatory (SCO). More →

The future infrastructure of smart cities will rely on the analysis of data relayed by the sensors in buildings, infrastructure, transportation and power grids; enabling city authorities to make critical decisions in real-time, according to GlobalData’s latest report, ‘Smart cities – Thematic Research’ (paywall). More →

The new generation of smart cities should embrace new technologies and fresh approaches to combat their growing list of challenges, claims a new report from ABI Research. In its new whitepaper, 5 Ways Smart Cities Are Getting Smarter (registration), ABI suggests that digital twins and urban modeling, resilient cities, circular cities, micro-mobility, and smart spaces as the five new urban strategy shifts that will make smart cities smarter in the new ways they need. More →

Global spending on smart cities will reach $189.5 billion in 2023, according to the latest IDC Worldwide Semiannual Smart Cities Spending Guide. The report claims that the main priorities  for investment will be resilient energy and infrastructure projects, followed by data-driven public safety and intelligent transport. It suggests that these priority areas will account for more than half of all smart city spending throughout the 2019-2023 forecast period. The guide claims to quantify the expected technology opportunity around initiatives at a regional and global level. More →

London, Singapore and Seoul make up the top three smart cities worldwide, according to new research from the Eden Strategy Institute. The 2018-19 study, in partnership with ONG&ONG Experience Design (OXD), involved 140 smart cities ranked across 10 measures; clarity of vision, leadership, budget, provision of financial incentives, support programmes, talent readiness, a people-centric approach, development of an innovation ecosystem, implementation of ‘smart’ policies and, finally, a track record of previous initiatives and projects. New York and Helsinki rounded off the top five cities, with Montreal, Boston, Melbourne, Barcelona and Shanghai finishing in the top 10.

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