Who should pay for the smart city infrastructure of the future? More urgently, who should swear to the city's policy makers to invest heavily in smart city technology?
An article from FCW cites the question: Who should pay for the smart city infrastructure of the future? More urgently, who should swear to the city's policy makers to invest heavily in smart city technology?
Dan Correa said that at a recent symposium, the local government said it would not issue huge checks unless it provided a "convincing" case to explain in detail the improvements that smart infrastructure can bring to the current city. Correa is a Senior Innovation Policy Advisor to the White House Office of Science and Technology Policy.
"Smart cities are still in need of support for killer applications." Correa said that there is currently no clear way to build smart cities to list the uses of each expenditure, and the benefits that can be generated after state and city investment in smart cities are not clear.
The Information Technology and Innovation Foundation details the core strengths of smart infrastructure in a recent report. For example, automatic flow control ensures smooth urban traffic and a significant reduction in energy and water waste through smart measurements.
But in the strict sense it is unpredictable, especially the impact of smart cities on the economy, which is also an important reason for US state and city policy makers to hesitate. But Correa said the federal government should provide as much support as possible to push government agencies at all levels to eliminate concerns and develop smart cities.
In this report, Correa cites the US Department of Transportation's (DOT) Smart City Challenge program, which has attracted more than 77 US cities to compete for $40 million in prize money, through research and development of cutting-edge technologies to improve the environmental impact of tourism. Reduce urban congestion.
Correa said: "The bonus from this DOT is very obvious for the development of smart cities."
He said that the event will not only provide $40 million in prizes, but that seven finalists will also receive $100,000 in funding for their smart city deployment, which is an important incentive for many cities in the United States to participate.
If DOT is able to make these entries public, Correa says that the deeper advantages of this challenge will be revealed – helping suppliers better understand and meet local development needs.
"Whether you believe it or not, many cities are exploring and thinking about the same topic, facing the same challenges and thinking about how to innovate at the same opportunity." Correa said: "At the same time, I think outside the smart city. The company is also an important opportunity."
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