“Until recently, city authorities viewed smart technologies as essential tools for improving efficiency in the background. Residents' lives are now being injected with technology more directly. Smartphones have become the keys to the city, providing millions of people with real-time information about transit, traffic, health services, safety alerts, and community news. Smart cities are an emerging answer to the dilemma at the heart of converging trends in increasing urbanization and technological advancements: How can we build a world that is ready for the future today?”

Municipal officials are understanding that smart-city policies begin with people, not technology, after a century of experimentation. Installing digital interfaces in the centralized system or simplifying city processes are not the only aspects of "smartness." It's also about making smarter decisions by providing a better quality of life by strategically utilizing technology and data.

Read More :- https://www.pukkapartners.com/insight/smart-cities-and-adoption-of-next-gen-technologies

Major Market Highlights:

Quantela teamed with Cisco and Connexin to accelerate the emergence of smart cities in the United Kingdom. Sheffield's highway system now uses the most up-to-date IoT-based smart city technology available in the UK. This solution is based on the CityOS platform, which combines Cisco Kinetic's best-of-breed capabilities with Quantela's Atlantis smart city technologies.
Quantela and Cisco have teamed up to offer project funding depending on results. Quantela and Cisco collaborated to create a groundbreaking, market-disrupting project finance approach.
Sund & Blt cooperated with IBM. Sund & Blt, a company that owns and runs some of the world's largest infrastructure, teamed up with IBM to create an AI-powered IoT solution to assist clients to manage and monitor bridges, tunnels, motorways, and railways. Sund & Blt might use the Maximo for Civil Infrastructure solution to help them run and repair critical public infrastructure more efficiently.