Smart Infrastructure to enhance cities operational efficiency Whitepaper
As per the United Nations, 70% of the world population will live in urban areas by 2050, highlighting the increasing need for smart spaces in cities. The challenge is to make cities safer, more sustainable, healthier, and livable for everyone. Cities’ livability is greatly affected by their landmarks and infrastructure comprising various sectors such as transportation systems, railways, roads, water and energy distribution networks, telecommunications, stadiums, retail outlets, corporate offices, university campuses, hospitals, airports, parking lots, and other essential infrastructures.
These sectors can be publicly or privately owned or operated, depending on the chosen operation strategy, such as a Public Private Partnership (PPP) strategy.
By merging digitalization with a city’s physical infrastructure, the cost of ownership can be reduced, and the return on investment can be increased. Automating city operations will make city operations smoother, more efficient, safer, and cost-effective. The combination of digitalization and physical infrastructure is called Smart Infrastructure.