27 Aug 2021
Smart Cities Collaboration
By 2050, two out of three people will live in urban areas, according to United Nations population experts. IDC predicts that by 2024, spending by smart cities and communities will reach $203 billion with focused areas of investment, such as public safety, civic engagement, and smart city platforms. A true smart city is made up of an ecosystem where all participants – from the private and public sectors to non-governmental organizations (NGOs) to citizens – benefit and gain value from investments.