The business case for smart cities
Smart City solutions should always do at least one of these three things: cut costs, create value, and/or generate revenue. In doing so, Smart City solutions will help alleviate strained municipal budgets while integrating advanced technology and the Internet of Things into our systems and infrastructure. These solutions will create open and transparent government, informed and engaged citizens, optimized public transit and public works solutions, healthier living environments, and equitable opportunities for residents regardless of socioeconomic or geographical barriers.
Cutting out the buzzwords and focusing on the bottom line. Here are five bullet points making the business case for smart cities.
1. Cut costs
2. Create value
3. Generate revenue
4. Increase social mobility
5. Drive economic development
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Here is a list of industry events that we will be watching, hosting, and/or participating in this June...
In the United States we face crumbling infrastructure problems, yet continue to rebuild outdated and inefficient systems. It's time we think differently about infrastructure. States from Ohio and Colorado to Virginia and Nevada are well on their way.
With the acquisition, Venture Smarter will launch Venture Smarter Labs, adding a new business unit to the growing company that focuses on ‘working together to build smart cities, regions, and industries.’ Labs will work with businesses, investors, agencies, and universities to enable impact and innovation leveraging advanced technologies.
Monday, May 14th - Washington, DC - Venture Smarter - Congressional Smart Cities Caucus meets with stakeholders to explore how technology and automation will impact future workforce and education needs.
Are you a solution provider in the smart cities space? Are you interested in supporting teams responding to the 2018 Smart Infrastructure Challenge? You can now sign up to be a Smart Infrastructure Challenge Solution Provider to get matched with collaborators and response teams.
Venture Smarter was excited to welcome Michael Dunaway and Dean Skidmore to the Second Annual Smart Cincy Summit to help shine a light on the importance of prioritizing public safety and resilience in smart and connected development projects.
At the Second Annual Smart Cincy Summit, Oscar Bode (CEO, Smart City Capital) discussed his firm taking a leading role in the 2018 Smart Infrastructure Challenge and painted a picture for how new public-private-partnership models can accelerate and expand smart city development efforts.
At the Second Annual Smart Cincy Summit speakers and presenters across sectors and agencies shined a bright light on their success stories, challenges, and opportunities to collaborate to accelerate the development of smart city efforts across Cincinnati and the Ohio-Kentucky-Indiana Region.
On Monday, May 14th the Congressional Smart Cities Caucus will host its third stakeholder roundtable to focus on the future of the workforce. The discussion will explore educational requirements to prepare citizens with the skills required in the 21st century economy. Among other topics, the conversation will also hone in on the importance of public-private-partnerships in developing workforce success stories across smart cities and regions.
Venture Smarter has hosted several webinars related to the Smart Infrastructure challenge. Recordings of these past sessions are now available and can be downloaded by clicking on the respective dates below. We have additional webinars coming up that are open to the public. If you would like to attend any of these online sessions, please click on the respective dates to register.