Smart Cities: 5 Reasons We Should Care
Andrei Khurshudov, PhD
Director, IoT Analytics and Artificial Intelligence at Caterpillar Inc.
The world is undergoing a global transformation with the majority of its population moving into urbanized areas. For instance, according to UN data, in the United States alone, urban residents have increased from 64% in 1950 to an impressive 83% today (UN, 2018). And, by mid-century, urban population will make up 89% of the U.S. population. At the same time, globally, 68% of the population is expected to reside in urban areas as people continue migrating to cities, which are becoming smarter each year through technological advancements. Cities are the places where the majority of us, as well as our children and grandchildren, will live. Thus, it is important to make our cities good. Which brings us to the reasons why we should care about smart cities.
A 'smart city' is a technologically advanced urban area that employs information and communication technology (ICT) and the Internet of Things (IoT) to enhance its sustainability, efficiency, and the quality of its services. Its fundamental mission is to improve the quality of life, economic competitiveness, and sustainability. Many cities in the US and around the world have started ‘smart’ projects which promise to improve the quality of life for their citizens.
Chicago, for example, has undertaken significant initiatives, allocating $160 million to transform 270,000 traditional streetlights into energy-efficient "smart LED lights". This move is projected to reduce energy consumption by 50% to 75%, resulting in nearly $10 million in annual operational savings and a utility rebate of approximately $34 million. Beyond the financial advantages, residents can anticipate improved reliability of streetlights and illumination tailored for precision. The city administration frequently highlights this undertaking as a major accomplishment. However, the implementation of smart streetlights is merely the tip of the iceberg and Chicago's desire for urban innovation extends to investments in smart street parking meters, advanced energy grid systems, smart thermostats, and an array of citywide sensors.
Whether we want it or not, the smart city concept is strategically important. Below is a list of 5 reasons why we should pay more attention to it in the coming years.
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Smart cities are the future for most of us. Let's keep an eye on the evolution of this important concept as it becomes our reality.
IoT Advisor and Developer helping SMB companies create enterprise-grade solutions.
8 个月Hello, I host a podcast covering topics related to the Internet of Things domain. I'd love to have you as a guest and discuss monitoring the fleet of connected machines. https://www.youtube.com/@LMTX/podcasts