Rapid urbanization is pushing cities to their limits. With 68% of the global population expected to live in urban areas by 2050, according to UN projections, the challenges of congestion, pollution and inefficient infrastructure are reaching critical levels.
The solution? Smart cities are powered by a trifecta of cutting-edge technologies: digital twins, vehicle-to-everything (V2X) communication and generative AI.
Weiterlesen: Smart Cities: How Cutting-Edge Technology Is Reshaping Urban Mobility
In an era of rapid technological advancement and urbanisation, smart cities have captivated imaginations and captured headlines. Based on United Nations projections, over 55% of the world’s population resides in urban areas, and this will reach 68% by 2050. The global smart city market had doubled to over US$700 billion by 2023 as cities worldwide invest more than ever in sophisticated systems designed to improve urban life. While these investments signal progress, we must remember that technology alone cannot solve urban challenges. True innovation requires a human-centred approach, emphasising empathy, creativity and collaboration.
At its core, the idea of a smart city is captivating: an urban centre where technology seamlessly integrates with infrastructure, services and daily life to create a more efficient, sustainable and liveable environment. These cities use data and digital technology to enhance urban life, from smart traffic systems to energy-efficient buildings. Examples abound across the globe: Barcelona’s extensive sensor network, Amsterdam’s innovative energy grid and Singapore’s smart nation vision.
The concept of Smart Cities is revolutionising urban living, ushering in an era where technology and data are the cornerstones of efficient, sustainable and livable environments. As urban populations continue to swell, with projections estimating that 68 percent of the world’s population will live in cities by 2050, the need for innovative solutions to manage resources and improve the quality of life has never been more pressing. Smart Cities represent a response to this challenge, leveraging cutting-edge technologies to create urban areas that are not only more efficient but also more responsive to the needs of their inhabitants.
As the world witnesses an unprecedented exodus from rural to urban areas, cities face a monumental challenge: how to accommodate a constantly growing population? This phenomenon, characterized by rapid population growth and increasing density, puts pressure on resources, infrastructure, and urban services. As significant problems demand even larger solutions, it becomes necessary, more than ever, to rethink the tools at our disposal. In this challenging context, the rise of emerging technologies such as the Internet of Things (IoT), data analytics, and artificial intelligence (AI) presents itself as a light at the end of the tunnel. These technologies, initially conceived to simplify everyday tasks and facilitate communication, are potential instruments that enable an effective response to contemporary urban challenges.
Cities no longer need to be rich to be smart as AI ‘levels out the playing field,’ urban experts say
“Smart” cities tend to be rich. Places like Zurich, Canberra and Singapore sit atop IMD’s 2024 Smart City Index, which tracks how well residents perceive a city is using technology to improve their lives.
But AI could be allowing less wealthy countries to afford the dream of having a smart city that’s innovative, efficient and data-driven, said urban experts at the Fortune Brainstorm AI Singapore conference on Tuesday.