Smart Cities Concept Witness Major Revival
“With the government of India working towards creating 100 Smart Cities in the country, the concept of the smart city is currently experiencing a major revival. The key agenda of developing smart cities is to facilitate seamless connectivity and access to real time information, further managing relationship between citizens, service providers and administrators more efficiently. It is estimated that the global smart cities market will grow from $386.55 billion in 2014 to $1,386.56 billion in 2020, at a CAGR of 20.48%.
Connectivity is the critical element that will truly enable smart cities. It will link elements, such as smart buildings and public spaces, together, empowering all key stakeholders to meaningfully connect with each other. Smart cities will create a huge demand for greater number of connected things and smart devices across landscapes. This invariably will push the proliferation of IoT to achieve the direct integration between the real world and computer systems.
In fact, the recent wave of Smart City interest is in large part driven by the Internet of Everything, which is simultaneously creating and being enabled by advances in cloud technology, security, mobile connectivity and M2M. The challenge of connecting machine to machine is a matter of technological flexibility, accessibility in remote areas, and dependency upon one mobile network operator. As new mobile generation devices fitted with high quality sensors and cameras emerge, their accessibility increases and their reach proliferates.
Cities have a greater opportunity to connect, collect and analyze data for logistical improvements. We see the impact in areas such as traffic tracking to reduce gridlock, as well as in aspirational changes such as increasing citizen participation.
The future looks promising for organisations that offer smarter networks to enable intelligent solutions, meeting the connectivity demands of Smart Cities. Tata Communications realises the potential and opportunities that the Smart Cities drive has to offer, thus, we are constantly working to offer newer connectivity solutions such as our recent Low Power Wide Area Network solution for IoT applications, in line with industry needs trends. In 2016, we aim to further innovate our bundle of IoT offerings so that these cities can benefit the most from connecting people, data, process and things through adoption of our IoT solutions”.
The writer is Mr. Rangu Salgame, Chief Executive Officer, Growth Ventures and Service Provider Group, Tata Communications.