Informally, we define urban tech as “tech to improve urban life for communities, businesses, local governments, while respecting the environment”.
The juxtaposition of both terms “urban” and “tech” is not a happy coincidence. Urban settings and technologies have always shared a symbiotic relationship. Technology gets invented in cities because of the collisions of ideas: Florence (Renaissance), Paris (Les Lumières), London (industrial revolution), etc. Cities scale up thanks to technology: trains and cars to grow in distance, elevators to grow in height, etc.
Cities will host 70% of the world population by 2050.
Cities represent today 80% of the GDP.
Cities amount to 70% of our current energy usage and carbon emissions.
Large cities are more powerful than nation-states.
Whether one wants to make the world a better place, to have a huge impact on people and the planet, or to build a successful business, cities are where the action will be and urban tech will play a key role.
So, let’s talk urban tech!