The report, “Smart cities, smart investments?
These transform smart city technology from an operational upgrade to functioning infrastructure.
When applied to the specific challenges in each city, smart city technologies go beyond being a tactical, limited form of digitization and offer a means of stimulating economic growth and productivity gains at scale.
For city leaders, this means moving smart city budgets from IT procurement to core economic policy, backed by clear business cases and rigorous performance benchmarking.
Finally, to ensure long-term success, cities must institutionalize these capabilities, embedding data analytics, strategic review, and smart city policymaking into their core operations.