Many experts have predicted that the world’s urban population will double by 2050. Smart cities will continue to play a pivotal role in terms of driving the economic growth. More and more smart cities must continue to evolve to handle large-scale urbanization, increase efficiency and improve the quality of life. So, what can be done to maintain a proper balance between competitiveness and sustainability? Along with providing reliable utility services, better infrastructure and prospects to attract investments, smart cities should be able to provide transparent services to ensure security & deliver a citizen centric experience. The Modi wave that has hit India promises to set up more than 100 smart cities across the city. Investors need to pay heed to the adoption of smart solutions for efficient use of available assets & resources to deliver the vision of 100 smart cities.
In terms of delivering the perfect experience, ensuring public safety plays a very important part. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., recently released the result of a public safety survey conducted in May 2015. The outfit focuses on big data that offers real value. According to a report by the McKinsey Global Institute, The Internet of Things (IOT), in which everyday items ranging from toasters to cars to buildings and factories are all connected to the Web, could be a multi-trillion dollar market over the next decade. The platform has immense potential for companies to boost revenues and make decision-making more effective. The results of the survey suggest that technology