'Smart City' is a very broad term and impacts every aspect of a city's operations and city life.
Becoming a Smart City provides clear criteria by which cities can globally measure and compare their strengths and weaknesses.
This holistic approach to operations, policy, and trade and includes infrastructure, energy, waste, water, transport, and telecommunications.
Smart Cities enjoy cost and energy savings, improved service delivery, better quality of life and a reduced environmental footprint. They support innovation and the global economy.
The Smart Cities Market will have an annual worth of US$545B+ by 2025.
Governments have been focusing on Smart Cities for the last 5 years with the Australian government devoting funding since 2017.
itus’ DaaS Smart Cities platform creates actionable insights on digital and analogue assets.