How smart cities of the future can become smarter

In recent months, the Government of India has been conducting extensive discussions to create smart cities across the country. The goal was to make cities smart by using technologies that allow a city to become self-sustaining, to stand the test of the future and to ensure the well-being of its citizens, while focusing on Employment, education, health, etc. However, the mere deployment of certain technologies on the expelling cities would not help the mission.

The global technology giant Cisco, which is helping the government to develop smart cities in India, believes that for sustainable urbanization, cities must adopt a framework. socially equitable, economically viable and ecologically sustainable.

In this regard, Cisco presents a report with International Data Corporation (IDC) and the Federation of Indian Chambers of Commerce and Industry (FICCI) entitled "The World's Smartest Cities". Future "which defines a framework that focuses on sustainable development (social, economic and digital development) and an intelligent scorecard to measure the impact of smart solutions

The report recognizes that for a sustainable urbanization, cities must adopt a socially equitable, economically viable and ecologically sustainable The report focuses on the challenges of urbanization and recommends five major areas of action

Pursue the innovative thinking and empowering decision makers of smart cities to balance risk and the value. Improving Execution Capabilities Through Public-Private Partnerships "Matchmake" Government Demand with Sustained Supply of Technological Innovation Smart City planners will need to invest in the concept of value capture financing and the tremendous benefits that it offers. He brings. Smart city solution providers will need to design marketing strategies that reflect the customer and citizen desires for end-to-end solutions.

Recognizing that simple investments in infrastructure improvements are not the solution, While urbanization has led to economic growth, it has also posed socio-economic and environmental problems. For cities to become more competitive, they need to become smarter and more efficient, and the report stresses that technology can play a key role in achieving these goals. The report stresses that investments in coordination with technology, value capture financing and strategic public-private partnerships will be key drivers of cities' growth to achieve sustainable livelihoods.

and environmental impact. IDC and the government of Andhra Pradesh have monitored and analyzed the efficiency and effectiveness of smart solutions deployed in the city compared to the Smart City Score Card including five critical metrics: digital inclusion, convenience and citizen engagement, public safety, revenue impact and environment. impact. IDC found that 46% of citizens (respondents) used smart services and acknowledged that technology has had a positive impact on their lives. 79% of respondents felt safer after the Vijayawada municipal government rolled out smart monitoring solutions.

IDC also observed that energy savings arising from a basic premise of a smart initiative at the scale of the city The Vijayawada Municipal Corporation is saving up to $ 25,000. to Rs. 35 million a year (approximately $ 5.22 million).

Sameer Garde, President of Cisco India and SAARC, "India is rapidly urbanizing and it is essential that our cities become more 'smart'. improve the lives of citizens, foster innovation and stimulate economic growth. The findings of this report focus on digital inclusion, convenience and citizen engagement, impact on public safety, revenues and the environment, which are essential pillars to make cities competitive and sustainable. As stated in the report, the impact of Vijayawada Golden Mile on the state economy, citizens and the environment focuses on the role that technology can play in as a factor of growth and sustainability. This report is an excellent example of how states can leverage technology to address infrastructure challenges, improve social, economic and environmental sustainability and provide the next generation of services to their citizens.

"As we have observed with the Vijayawada Golden Mile project, smart cities are beginning to have an impact on the lives of citizens. technology-driven should be multiple, including economic, social and environmental benefits.However, it is only the beginning and to create a lasting impact, policy makers must innovate and continuously understand the balance between the risk and value. "

The report also highlights the need for funding of value capture. The framework of the RCF is to better allocate costs and benefits in the funded infrastructure to facilitate a project that may not be used at all. The VCF framework is important because it allows private partners to participate and execute projects that are sufficiently planned and supported by government agencies through value and risk sharing.