Massive Growth for Intelligent City (Smart City) Industry

Massive Growth for Intelligent City (Smart City) Industry

A smart city is an urban area where various types of electronic methods and sensors are used to collect data. The insights gained from this data are used to efficiently manage assets, resources and services. In turn, this data is used to improve operations across the city. This includes data from citizens, devices, buildings and assets that are processed and analyzed to monitor and manage traffic and transportation systems, power plants, utilities, water supply networks, waste, crime detection, information systems, schools, libraries, hospitals. and other nonprofit services.

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Leading players of Intelligent City (Smart City) Industry:

ABB, AT&T, Europe Mobile, Cisco, Hitachi, Honeywell, Huawei, IBM, NTT Communications, Oracle, Siemens, Google, GE, Verizon Communications, Vodafone, Accenture, Ericsson, HP, Microsoft, Schneider Electric, Telefonica, Toshiba, Enjoyor, COSCO Shipping Technology, Beijing eGOVA, Shanghai Yanhua Smartech Group, Zhejiang Dahua Technology, Shenzhen Sunwin Intelligent, Wonders Information, Digital China Group

The Smart City concept integrates information and communication technology (ICT) and various physical devices connected to the IoT network to optimize the efficiency of city operations and services, and to connect with citizens. Thanks to Smart City technology, city officials can interact directly with the community and urban infrastructure and monitor what is happening in the city and how the city is developing. ICT are used to improve the quality, performance and interactivity of urban services, reduce costs and resource consumption and improve contact between citizens and government.

Smart city applications are designed to manage urban flows and enable real-time responses. A smart city, therefore, may be more responsive to challenges than a city with a simple "transactional" relationship with its citizens. However, the term itself remains unclear for its specifics and therefore open to many interpretations.

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