Real-time Cities--Second Wave Cities

NEW YORK, July 6, 2016 /PRNewswire/ --

Real-time Cities—Second Wave Cities : Coordination Challenges and the Opportunity of Needs-driven Technology Deployment in Brussels, Oslo, and Manchester

Cities are increasingly seeing an opportunity to stimulate economic growth by opening up their substantial sources of data to digital services innovators. Differentiation, however, lies in the foundations they set in terms of data strategy, governance structures, and partnerships. Second wave cities and towns lack comprehensive funding for projects so seek experience from larger cities in their regions whilst minimising risk, CAPEX, and OPEX. Successful second wave cities invest in their ability to absorb best practices and new technologies and manage partnerships while strengthening skills in utlising a variety of financial instruments, such as public-private partnerships, grants, and loans. Brussels, Oslo, and Manchester are studied here.

Key Findings

Second wave cities and towns lack comprehensive funding for smart city projects and so seek experience from larger cities in their regions whilst minimising risk, CAPEX, and OPEX. A recurrent pattern across cities is the challenge of aligning a myriad of stakeholders. Frequent ack of alignment means that even departments within the same city can pursue conflicting Smart City agendas, which leads to inefficiencies, complexities, and duplication of efforts. The same goes for different levels of government as both municipal and regional governments may pursue distinct Smart City agendas for a given city, especially when political majorities differ between the levels of government.

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SOURCE Reportlinker

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