New research reveals which cities can benefit most from IoT
A map illustrates the cities expected to benefit most from smart city technology. (Chordant)
Compass Intelligence, a global consulting and analytics firm, has released its Smart City Benefits Index to put a spotlight on the 50 U.S. cities with the most potential to benefit from the Internet of Things and other smart city technologies.
The goal of the index, researchers say, is to show where smart city dollars should go, as opposed to just showing where they have gone.
“[The] index evaluates each city’s expected position and readiness to embrace, adopt, implement, and scale smart city projects, initiatives, investments, technologies, and solutions,” Compass Intelligence Founder Stephanie Atkinson said in a release last week. “Those cities ranked higher — or that have higher total points on the index — are expected to be earlier adopters of smart city technologies and could potentially reap greater benefits of a return on investment.”
The top 10 cities included in the report are:
- Austin, Texas
- San Diego, California
- New York City
- Kansas City, Missouri
The scores and rankings were generated by an algorithm that included data regarding demographics, infrastructure, economics and education levels. Compass Intelligence notes that its selection of cites was based on more than 1,000 news articles, reports, summaries, and research. Other data points included in the analysis were transportation costs, infrastructure needs, population density, current projects and business demands.
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