Smart City Offers Significant New Opportunity

By Dave Hahn

Dave Hahn is the Director of Digital Strategy for Meeting of the Minds.

Oct 18, 2013 | Announcements | 0 comments

An article from Mary Allen at InsightaaS.com covers a broad range of topics and themes from last month’s Meeting of the Minds 2013 in Toronto — especially the use of connected technology to create smarter, more sustainable cities. She gave special notice to the talk by Wim Elfrink, Chief Globalization Officer for Cisco Systems, excerpted above.

‘Smart City’ is putting on new cloths as the concept expands to address multiple challenges in sustainable development for a growing number of constituencies. Conceived originally by urban theorists as an assessment of urban performance based on measure of a city’s arsenal of physical infrastructure and human and social capital, the term now speaks to academics, policy-makers, citizens and industry across a range of disciplines. Many of these were on hand at the 7th annual Meeting of the Minds event held in Toronto this month, to add their perspective, share best practices and identify new potential for the creation of equitable, living urban organisms.

A key theme at this year’s Meeting of the Minds event – and a hallmark of the evolution of the smart city concept – is the progress towards this goal through the application of information and communications technologies. In this enablement process, the private sector plays a critical role, primarily through the supply of digital and communications technologies needed to power intelligent municipal collaboration and better management of energy, water, transport, buildings and other urban infrastructures. Representatives from private industry were out in force at the conference, with sponsors Toyota, Cisco, Schneider Electric, Bombardier, IBM, Itron and Jones Lang LaSalle onsite at the Evergreen Brickworks to showcase the latest tech innovation. For these and other ICT companies, smart city offers significant new opportunity: a market review released in Q1 2013 by Navigant Research, “forecasts that the smart city technology market will grow from $6.1 billion annually in 2012 to $20.2 billion in 2020.”

But how can a company market to a concept that continues to undergo seismic shift as it grows to accommodate new challenges and changing stakeholders? One answer for vendors that want to do business with smart cities is reinvention – a corresponding shift in principles of demand creation and marketing approach. These were also on display at Meeting of Minds.

Cisco is especially adept in this regard, and sent its chief globalisation officer, Wim Elfrink, to envision the use case(s) for advanced ICT in urban environments. According to Elfrink, demographic change is requiring real productivity improvements if we are to maintain our current standard of living. At the same time, population explosion and huge in-migration to cities, in developing regions in particular, are creating huge demand for more infrastructure. To meet this demand, he explained, “you have to think differently” about the “virtualization of education,” the ”virtualization of healthcare,” and the ”virtualization of work,” taking advantage of the Internet of Everything, or the digital connection of people, processes, data and things, to generate alternatives to physical infrastructure.

Excerpts from Elfrink’s visualization exercise are available in the accompanying video here; and concrete “iconic” examples of the application of Cisco’s Smart + Connected Communities concept were offered up in Elfrink’s presentation, notably, Rio de Janeiro’s use of networking technologies to coordinate management of city systems in an Integrated Operations Centre, and new for Canada, implementation of a Cisco WiFi mesh at the Toronto Waterfront development to enable new levels of collaboration and service delivery in this intelligent community project. Another example he provided is Nice, which has implemented smart parking, lighting, waste management and environmental monitoring, using Cisco infrastructure and other technologies to achieve savings of 30 percent in energy consumption, 50 percent in water, a 20 percent reduction in crime rates and a 30 percent reduction in traffic congestion.

Continue reading: Meeting of the Minds showcases private sector role in Smart City by Mary Allen, October 10, 2013

Discussion

Leave your comment below, or reply to others.

Please note that this comment section is for thoughtful, on-topic discussions. Admin approval is required for all comments. Your comment may be edited if it contains grammatical errors. Low effort, self-promotional, or impolite comments will be deleted.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Read more from the Meeting of the Minds Blog

Spotlighting innovations in urban sustainability and connected technology

Rethinking Coastal Property in an Era of Climate Change

Rethinking Coastal Property in an Era of Climate Change

The country has provided hundreds of billions of dollars to recover from recent coastal storms but done little to rethink the existing policies and programs that contribute to coastal property losses, or to define new measures that account for the new realities of more damaging storms and rising sea levels.

A key first step toward smarter policies is to improve disclosure of risk associated with coastal properties. This will require better mapping of areas at risk of both storms and rising seas. National standards are needed for disclosure of coastal flood risk prior to sale. Lenders and supporting agencies need to evaluate and disclose coastal flood risk.

How Cities Can Engage with Mobility as a Service

How Cities Can Engage with Mobility as a Service

By incorporating multiple transport modes into a single application, users can benefit from personalised services which recognise individual mobility needs, easier transactions and payments, and dynamic journey management and planning.

A fully comprehensive MaaS offering could mean the ownership of private vehicles is no longer necessary for people. As mobility needs begin to be provided by a range of services through a single platform, usership could replace ownership.

The potential of MaaS has been recognised around the world. In the UK, the government has included MaaS within its transport strategy. An expert committee of Members of Parliament concluded that MaaS has the “potential to transform how people travel” by boosting public transport, reducing congestion, and improving air quality.

Four Cornerstones for Integrating Water and Energy Systems

Four Cornerstones for Integrating Water and Energy Systems

The water-energy nexus is not new. The concept that our water and energy systems are reliant on each other is sometimes paired with a third issue, like food security or public health. This can make it more relevant to our daily lives. Despite a basic understanding of resource interdependencies, city and utility leaders still allow planning and implementation processes to remain predominately separate. A common local scenario finds the water utility facing system upkeep alone, the energy utility not considering other utility issues or city goals as they operate, and city leaders generally focused on more visibly troublesome urban systems, like housing or transportation.

Share This