Editor's note: This article was originally posted on Smart-Grid.TMCnet.com. Follow the link to view the full article.

 

By Tracey E. Schelmetic

TMCnet Contributor

 

Before you render judgments on the intellectual capacity of your local city representatives, a “smart city” is one that contains “smart technologies” – smart grids for power generation, networked urban infrastructure, smart cards for public services, automatic vehicle ID systems and a whole host of yet unrealized and somewhat futuristic systems that will link the public services of whole urban areas, making them more efficient, less chaotic, safer, less prone to crime and generally easier to live in.

 

Chances are you don't yet live in a “smart city,” since there aren't many of them yet. ABI Research revealed this week that while $8.1 billion was spent on smart city technologies in 2010, by 2016 that number is projected to reach $39.5 billion. A smart city is determined by six dimensions: smart economy, environment, governance, lifestyle, transportation, and community. There are currently 102 smart city projects worldwide, says ABI, with Europe leading the way at 38, North America at 35, Asia Pacific at 21, the Middle East and Africa at six, and Latin America with two.

 

Read more at TMCnet >>

 

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