Category: Smart City

Smart buildings – what’s the value to smart cities? Part Two

While the benefits and Return on Investment (ROI) of smart buildings are well documented for tenants, building owners and operators, similar information for cities are limited at best. In addition, cities measure the benefits and ROI of smart buildings differently, and look beyond financial metrics. Part Two provides a framework for identifying areas of value creation and share a sample set of values and benefits for cities.

The 14 pillars of a smart city

The urgent mandates issued to cities in areas such as climate change and rapid urbanisation are frequently discussed under the rubric of “smart cities” but just what constitutes a smart city is elusive. A successful smart strategy should take a holistic approach encompassing people, institutions, structures and operations across the connected ecosystem that makes up the city or community.

4 Things IoT is Changing for the Better

IoT has limitless potential when it comes to its widespread impacts on various industries around the world, and we can’t wait to see what’s in store for the future. These four industries are further proof of how the increasing adoption of IoT technology will have a positive impact in the very near future: banking, design & manufacturing, healthcare, and the rise of smart cities.

Smart Cities Market Future Growth | Trends | Analysis – 2023

The smart cities market is expected to grow from USD 308 Billion in 2018 to USD 717 Billion by 2023, at a CAGR of 18.4%. The Smart Cities Market has witnessed substantial growth, owing to need for public safety and communications infrastructure, increasing number of government initiatives and PPP models for smart cities, growing adoption of connected and smart technologies in smart cities initiatives,optimizing the use of energy during peak hours, and citizen empowerment and engagement.

Why Smart Buildings Are Vulnerable To Hackers

A smart building may contain many Building Automation Systems, which share information and control various aspects of the environment. Striking a balance between connectivity between devices and safeguarding data from leaks or hacks is a big challenge. In a network of dozens or hundreds of sensors, there are numerous opportunities for attackers to break into a system.
Specific threats include malware, which can be used to take control of a computer system that controls automated systems, spyware, phishing scams, and worms. Cybersecurity firm Kaspersky says that at least 40% of smart buildings are at risk of attack.

Egypt’s building a new capital: Inside the smart city in the desert

Egypt’s new capital, being built between the Nile and the Suez Canal, will be the country’s first smart city. The strategic vision for this smart city includes integrating its smart infrastructure to provide many services such as: smart monitoring of traffic congestion and accidents, smart utilities to reduce consumption and cost, smart buildings and energy management including a focus on renewable energy and using IoT to save power consumption, as well as “building optical-fiber infrastructure connecting every building using FTTX technology.