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Smart Cities and Economic Prosperity Leveraging Technology For Urban and Regional Development

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Gohar Khalid
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13 views17 pages

Smart Cities and Economic Prosperity Leveraging Technology For Urban and Regional Development

Uploaded by

Gohar Khalid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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S M A RT C I T I E S A N D

ECONOMIC
P R O S P E R I T Y:
L E V E RAG I N G
T E C H N O LO GY F O R
URBAN AND
REGIONAL
DEVELOPMENT
OUR TOPICS TODAY
• SMART CITIES
• CHARACTERISTICS AND
BENEFITS
• CHALLENGES
• ECONOMIC PROSPERITY
• CONTRIBUTION OF SMART
CITIES TO ECONOMIC
PROSPERITY
• ROLE OF TECHNOLOGY
• CHALLENGES
• FUTURE PROSPECTS
• SUMMARY
SMART CITIES
SMART CITIES
• A Smart City is an urban
environment that utilizes
technology and data-driven
solutions to enhance
performance, and well-being,
and reduce costs and resource
consumption.
• Smart Cities initiatives aim to
“provide more efficient services
to citizens,to increase
collaboration amongst different
economic actors and to
encourage innovative business
CHARACTERISTICS OF SMART CITIES

1.Innovative Infrastructure: Incorporation of advanced technology in


transportation, energy, and utilities.
2. Connected Ecosystem: Seamless integration of IoT devices for
effi cient communication and data exchange.
3. Data-Driven Decision Making: Utilization of data analytics to inform
urban planning and policy decisions.
4. Sustainability:
Focus on eco-friendly practices, renewable energy, and effi cient
resource management.
benefits of smart cities

1. Improved Quality of Life:


Enhancing citizen services, healthcare, and overall well-being.
2. Effi cient Resource Management: Optimal use of energy, water, and other
resources.
3. Enhanced Mobility:
Intelligent transportation systems for smoother traffi c fl ow and reduced
congestion.
4. Economic Growth: Innovation hubs and technology-driven industries
attract investments and foster economic development.
CHALLENGES IN IMPLEMENTING SMART CITIES:

1. Privacy and Security Concerns:


Safeguarding personal data and protecting against cyber threats.

2. Infrastructure Investment:
High initial costs for implementing smart technologies.

3. Interoperability Issues:
Ensuring seamless integration and communication among diverse systems.

4. Digital Divide:
Addressing the disparity in technology access among different socioeconomic
groups.
ECONOMIC
PROSPERITY
Economic prosperity refers to the
overall well-being and growth of a
region’s economy, characterized by
increased wealth, employment
opportunities, and improved living
standards for its residents. It
encompasses factors such as GDP
growth, job creation, and the overall
economic health of a community.
CONTRIBUTION OF SMART CITIES TO
ECONOMIC PROSPERITY
1. Innovation Hubs:
Smart Cities foster innovation by providing an environment conducive to
research, development, and technology-driven industries.
2. Job Creation:
Implementation of smart technologies results in the creation of new jobs
in areas such as data analytics, cybersecurity, and urban planning.
3. Entrepreneurship Support:
Smart Cities often support startups and entrepreneurs, encouraging
economic diversifi cation and growth.
4. Increased Productivity:
Effi ciency gains in transportation, infrastructure, and services contribute
to increased overall productivity.
ROLE OF
TECHNOLOGY

Smart-city technologies are not


panaceas for urban challenges,
they can enable communities to
move more quickly and cost-
eff ectively in addressing some
of their most diffi cult obstacles.
POTENTIAL OF SMART-CITY INITIATIVES

T R A N S P O RTA I O N PUBLIC SAFETY E N E R GY


Internet-connected Internet-connected Smart grids and smart
traffi c signals can sensors help fi rst lighting can closely
communicate with cars responders determine monitor power
to reduce traffi c where to prioritize consumption, enabling
congestion and eff orts during municipalities to better
accidents. Other emergencies.Sensors match energy supply to
sensors can help city can also be used to energy demand. This in
planners prioritize monitor fl ooding or turn can save cities and
streets and wildfi res, helping make utilities millions of
intersections for cities more resilient. dollars per year.
SAN DIEGO
San Diego spent more than $30
million to install 4,200 LED smart
lights, traffi c sensors, and
pedestrian and public-safety
monitors. Converting to LED lights
saved the city approximately $3
million a year in power costs

LONDON
The mayor’s Civic Innovation Challenge
is an incubator platform for startups to
develop solutions for urban issues. It
dovetails with the policy initiative to
make public data as open as possible,
encouraging collaboration between
FUTURE TRENDS IN SMART CITY
DEVELOPMENT
INTEGRATION OF EMERGING TECHNOLOGIES
ARTIFICIAL INTELLIGENCE (AI)
• Predictive Analytics for Urban Planning
• Automation of Routine Tasks
INTERNET OF THINGS (IOT):
• Interconnected Devices for Real-time Data Exchange
• Smart Sensors and Actuators in Urban Infrastructure
• Sustainability and Environmental Impact
RENEWABLE ENERGY SOLUTIONS:
• Integration of Renewable Energy Sources
• Smart Grids and Energy Management
CHALLE
NGES
AND
FUTURE
PROSPE
PROBLEMS
PRIVACY AND SECURITY INTEROPERABILITY AND
1 3
CONCERNS
Concerns regarding individual STANDARDISATION
privacy and the security of There are issues because many Smart
sensitive data are raised by the City technologies are supplied by
massive amounts of data diff erent vendors. Integrating
collected and utilised in Smart diff erent systems seamlessly can be
Cities. hampered by a lack of standards.

DIGITAL INCLUSION AND


COST AND FUNDING
2 THE DIGITAL DIVIDE 4
ISSUES
Putting Smart City technologies into
Digital divide could arise from
practise means large upfront costs.
unequal access to technology
Municipalities might have trouble
among residents. Initiatives aimed
getting the money required for these
at creating Smart Cities willnot
kinds of initiatives.
benefi t those with poor internet
FUTURE PROSPECTS

• S U S TA I N A B I L I T Y A N D R E S I L I E N C E

• HUMAN-CENTRIC DESIGN

• I N N O VAT I V E M O B I L I T Y S O L U T I O N S

• G L O B A L C O L L A B O R AT I O N

• R E S O LV I N G E T H I C A L D I L E M M A S

• D ATA A N A LY T I C S A N D P R E D I C T I V E M O D E L I N G
SUMMARY
The key to overcoming
obstacles and achieving
economic prosperity in Smart
Cities is to engage the
community, develop creative
solutions, and use technology
r e s p o n s i b l y. S m a r t C i t i e s c a n
facilitate sustainable and
prosperous urban development
by tackling privacy concerns,
promoting inclusivity, and
embracing emerging
technologies.
THANK
YO U

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