Blockchain, 5G and augmented reality are amazing technologies but are not transforming lives — at least not just yet.
Several other factors have slowed smart city initiatives.
Procurement remains a formidable barrier, as technology budgets are tight and purchasing processes are antiquated.
Smart city technology isn’t very smart if it doesn’t cater to the vast majority of our residents.
The smartest cities (and others) are
making decisions based on data, evidence and insights. The most intelligent cities are breaking down silos through cross-collaboration, automation and APIs.