“Smart City” Initiatives Bring B2B Innovation to Government and Industry
- January 15th, 2016
- By: Scott Robinson
With the advent of the Internet of Things and analytics, new opportunities for innovation, supply chain efficiency and improved services are emerging in the concept of the “smart city.”
Leveraging the connectivity of commonplace objects and possibilities for applying the resulting analytics to logistics, the “smart city” is an opportunity to create new technological ecosystems that can bring increased efficiency, financial savings and enhanced services to communities.
The benefits to the relationships between cities and the vendors that supply them are obvious. Analytics generated by such integration can increase the efficiency of the city’s supply chain, eliminating waste and enhancing the quality of services. Outcomes can be more effectively monitored and evaluated, opening up opportunity for additional improvement.
“Smart Chicago” is such an organization dedicated to creating such an ecosystem, and “devoted to improving lives in Chicago through technology. We work on increasing access to the Internet, improving skills for using the Internet, and developing meaningful products from data that measurably contribute to the quality of life of residents in our region and beyond,” according to its website.
A partnership between the city, the John D. and Catherine T. MacArthur Foundation, and The Chicago Community Trust, it will “help bring together municipal, philanthropic, and corporate investments in civic innovation.”
An unusual example of such innovation can be found in nearby Louisville, where city government has initiated a pilot program to equip municipal trash recepticals with wi-fi and internal sensors, so that they can report their status to city monitors via the Internet.
Similar opportunities in Louisville and many other cities exist in traffic management, where traffic signals, parking meters and municipal parking facilities are already now largely Internet-capable, making possible enhanced traffic management and enabling predictive analytics for use in maintenance, street-sweeping, and safety improvements.