Guide How-To Build Your Smart City
Teena Maddox wrote an interesting article “Smart Cities: The smart person’s guide” which was summarized beautifully: What it is: A smart city uses IoT sensors and technology to connect components across a city to derive data and improve the lives of citizens and visitors. What it does: Often, a mobile app is provided to give immediate access…
Smart City – What Are the Business Models?
Frost & Sullivan suggested 4 Smart City Business Models. [Source: “Global Smart City Market”, 2013] Build Own Operate (BOO) – The smart city planner independently builds the city infrastructure and delivers smart city services. The operation and maintenance of the services are fully under the planner’s control Build Operate Transfer (BOT) – The smart city planner appoints, a…
Guide to Monetize Your Smart City’s Data
We have a fascinating discussion regarding “Who Owns the Smart City’s Data” recently. Below are some of the most important points (guide) of discussion from various members (thanks for the contributions): Make it free but monetise the insights. Even if it is free and you cannot monetize ownership of data, one can still monetise meaning derived…
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