The Smart City is a concept which describes an urban area which uses developments in information and communication technologies to their advantage. It offers a specific city and its inhabitants the option to manage resources and assets more efficiently.
It seems to be the answer to the problems faced by growing modern cities (such as overpopulation or pollution). Smart cities offers the technology to coordinate digital solutions between authorities and providers ranging from urban planning to mobility and environmental services.
Innovations of such can aid in addressing urban challenges however, in order to reach its full potential strategic management is necessary in order to reach success. For this reason the Smart City Strategy Index (SCTI) was created by Roland Berger. This measures the feasibility and ambition of plans by urban centers against the key components of a Smart City.
The SCTI 2019 identified 153 cities with an official Smart City strategy and provides a ranking of the cities included. This year, Vienna, Austria was once again listed as number one, followed by runner up London, UK and by second runner up St. Albert, Canada.
In the report, a global overview is listed. In addition examples are provided of running projects in cities all over the world. Moreover, the report offers advice on work approach and strategic management.
For the full report click here.
Roland Berger GMBH, 2019