A smart city is a concept that uses technology to improve governance, planning, management, and livability of a city by gathering real-world, real-time data.
By 2020, experts predict trillions of gigabytes of data will be generated daily, making data the new dollar. Data provides insights which can help cities become smarter by helping predict where, when and how city assets might behave, as well as plan for growth, maintenance and infrastructure development. By creating and using data-rich, digital city models, cities can design and build in the context of what exists to better understand and test future projects before they are built.
With these insights, smart cities can perform better to meet citizens demands.