A ‘smart city’ is an urban region that is highly advanced in terms of overall infrastructure, sustainable real estate, communications and market viability. It is a city where information technology is the principal infrastructure and the basis for providing essential services to residents. The concept of a “smart city” is becoming more and more prevalent, with cities recognizing that analytics and business intelligence can be integral to running a municipality more efficiently.
Leading Companies of IoT in Smart Cities Market: SAS SE, SAP Institute, Oracle Corporation, Microsoft Corporation, Cisco Corporation, Intel Corporation, Salesforce, Tableau software, IBM Corporation, Bosch Software Innovation GmbH
A more efficient water supply
The Intenet of Things has the potential to transform the way cities consume water. Smart meters can improve leak detection and data integrity; prevent lost revenue due to inefficiency, and boost productivity by reducing the amount of time spent entering and analyzing data. Also, these meters can be designed to feature customer-facing portals, providing residents with real-time access to information about their consumption and water supply.
An innovative solution to traffic congestion
As more and more people move to cities, traffic congestion — which is already a massive problem — is only going to get worse. Fortunately, the Internet of Things is well positioned to make improvements in this area that can benefit residents immediately. For example, smart traffic signals can adjust their timing to accommodate commutes and holiday traffic and keep cars moving. City officials can collect and aggregate data from traffic cameras, mobile phones, vehicles, and road sensors to monitor traffic incidents in real-time. Drivers can be alerted of accidents and directed to routes that are less congested. The possibilities are endless and the impact will be substantial.
More reliable public transportation
Public transportation is disrupted whenever there are road closures, bad weather, or equipment breakdowns. IoT can give transit authorities the real-time insights they need to implement contingency plans, ensuring that residents always have access to safe, reliable, and efficient public transportation. This might be done using insights from cameras or connected devices at bus shelters or other public areas.
IoT technology is making it easier for buildings with legacy infrastructure to save energy and improve their sustainability. Smart building energy management systems, for instance, use IoT devices to connect disparate, nonstandard heating, cooling, lighting, and fire-safety systems to a central management application. The energy management application then highlights areas of high use and energy drifts so staff can correct them.
Research shows that commercial buildings waste up to 30 percent of the energy they use, so savings with a smart building energy management system can be significant. As more smart city buildings use energy management systems, the city will become more sustainable as a whole.
Source:- The Insight Partners