| [September 21, 2012] |
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Big Data and the Cloud will Transform City Government, According to Pike Research
BOULDER, Colo. --(Business Wire)--
Around the world, city leaders face the challenge of delivering economic
growth while meeting sustainability targets and rising expectations
about the quality of municipal services, often in the face of drastic
budget reductions. This is forcing many city leaders to improve
efficiency and drive further innovation in the creation and delivery of
services. According to a recent report from Pike
Research, a part of Navigant's Energy Practice, new platforms for
communication, data sharing, and application development - particularly
cloud computing and data analytics - will play a key role in this
transformation.
Cumulative investment in smart government technology between 2011 and
2017 will be almost $4.8 billion, the report finds. Annual investment in
smart government technologies in North America alone will surpass $1
billion in 2017, and annual investment in cloud services for smart
cities will reach nearly $1.4 billion worldwide by 2017.
"Cloud-based computing, in particular, offers new options for cities
that reduces capital expenditure, provides access to new skills, and
reduces time-to-deployment of new solutions," says research director
Eric Woods. "Cloud-based systems also enable cities to take advantage of
the huge amounts of operational data they collect to improve efficiency
and develop new services."
City leaders are also looking at investment in technology as a means of
spurring economic growth. This includes a range of strategies: making
the city a center of cleantech development and innovation (e.g., Denver,
Copenhagen, and Amsterdam); creating new types of digital commerce and
development (e.g., New York and Manchester); being at the leading edge
of technology adoption (e.g., Barcelona and Friedrichshafen); becoming
an exporter of technology (e.g., Seoul); or retaining or establihing a
position as a regional trading hub (e.g., Singapore and Songdo). Each of
these approaches, the study concludes, requires a vision of where the
city is heading, an investment in infrastructure, and a commitment to
innovation.
Pike Research's (News - Alert) report, "Smart
Government Technologies", analyzes the global market opportunity for
smart government technologies. It assesses the business drivers, market
forces, and technology trends that are transforming the use of information
and communication technology and related technologies in smart
cities and communities. The study forecasts the size and growth of the
market for smart government technologies through 2017, and it also
forecasts the growth in smart government data analytics and cloud-based
services between 2011 and 2017. The report includes profiles of major
smart government initiatives around the world and also examines the
strategies of key players in the smart government market including
government agencies, IT companies, telcos, and infrastructure providers.
An Executive Summary of the report is available for free download on the
firm's website.
About Pike Research
Pike Research, which joined Navigant's global Energy Practice on July 1,
2012, provides in-depth analysis of global clean technology markets. The
team's research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep examination of
technology trends to provide a comprehensive view of the Smart Energy,
Smart Grid, Smart Transportation, Smart Industry, and Smart Buildings
sectors. Additional information about Pike Research can be found at www.navigant.com/pikeresearch.
About Navigant
Navigant (NYSE: NCI) is a specialized, global expert services firm
dedicated to assisting clients in creating and protecting value in the
face of critical business risks and opportunities. Through senior level
engagement with clients, Navigant professionals combine technical
expertise in Disputes and Investigations, Economics, Financial Advisory
and Management Consulting, with business pragmatism in the highly
regulated Construction, Energy, Financial Services and Healthcare
industries to support clients in addressing their most critical business
needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the
report, "Smart Government Technologies," is a summary and
reflects Pike Research's current expectations based on market data and
trend analysis. Market predictions and expectations are inherently
uncertain and actual results may differ materially from those contained
in this press release or the report. Please refer to the full report for
a complete understanding of the assumptions underlying the report's
conclusions and the methodologies used to create the report. Neither
Pike Research nor Navigant undertakes any obligation to update any of
the information contained in this press release or the report.

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