On a local level, there is the potential for considerable innovation when it comes to accelerating the transition of our society to low-carbon models, which would be economical, inclusive, secure, and sources of comfort and pleasure for businesses and citizens alike.
With such initiatives happily gaining in popularity around the world, one of today’s challenges is how to ensure we are using best practices on a global scale, as well as in small cities, by mobilising an ecosystem of interested parties that is getting larger by the day.
The control of data constitutes another concern for cities, as well as for companies working on smart city development. Some of the main challenges involved in this include being able to access data from anywhere in a timely manner, securely sharing data, and inventing economic models that will make best use of available data.