Cities house more than half the world's population and will see an additional 2.5 billion new residents by 2050. This growth will not only increase the demand for technological advancements, but will also increase demand for quick and connected emergency responders.
Emergency responders in smart cities can get real-time situational awareness through new data-rich technologies. By collaborating with other municipal agencies, cities can respond better and use resources more intelligently, removing issues altogether to improve the quality of life in their communities. This holistic and resilient approach helps move society forward. Full Article
Chris Turlica, CEO - MaintainX
In industrial facilities, the importance of preventive maintenance is well-understood. Sure, you could save a few bucks by skipping scheduled part inspections and replacements — but those parts would break sooner as a result, putting an expensive dent in your factory’s output. Instead of sparing the oil can, plant managers know it’s better to invest upfront, and keep their machinery in prime condition.
Unfortunately, America’s municipal leaders have sometimes lagged behind. For decades, cities have neglected routine maintenance in a bid to conserve cash. Inevitably, public services and infrastructure have suffered as a result. Full Article
Market forecasts paint a rosy picture of smart city investment, but many municipalities are slashing budgets, laying off workers and cutting services as the economic fallout from the COVID-19 pandemic continues. To adapt to the budget shortfalls resulting from the COVID-19 pandemic, smart city efforts must be more strategic, said Ruthbea Yesner, vice president of Government Insights and Smart Cities at IDC Government Insights. Full Article