Smart Cities have been defined in a variety of ways. According to climate strategist Boyd Cohen, smart cities use information and communication technologies to be more intelligent and efficient in the use of resources, resulting in cost and energy savings, improved service delivery and quality of life, and reduced environmental footprint. Resiliency is vital.
As cities shift toward a more innovative ‘smarter’ city paradigm, the volume of data challenges many organizations which are insufficiently equipped to interpret the data meaningfully. Data is a valuable asset when managed wisely; data analytics help stakeholders gain insights into otherwise inscrutable bits of seemingly unrelated information, efficiently enabling previously unachievable projects.
The focus of this event will be to examine the challenges cities and the private sector currently face and how they can work together more efficiently. Simultaneously, we will examine how to utilize the plethora of data more productively and some of the solutions the private sector is offering to overcome major barriers in data analytics. Having open data is helpful, but holistic data is critical.
We will look closely at innovations in technology that interpret and visualize data holistically within a city, demonstrating underlying relationships from the multitude of traditional and digital data sources, and reveal how decision-makers can lead their organizations with improved results.