As the global population continues to grow at a steady pace, more and more people are moving to cities every single day. Cities have a major impact on the economic and social development of nations as they are genuine platforms where people live, where companies have their business and in which numerous services are provided. Cities are major centers of consumption of resources.
As per United Nations, more than half of the population of the Earth now lives in urban areas and because of this, modern cities face many challenges. The concept of making “smart” cities has grown out of the need for cities to meet these challenges and opportunities.
What is a Smart City?
Rapid urbanization has a definite impact on economic and societal progress. However, somewhere it strains city’s infrastructure. To tackle challenges rising from urbanization, development and implementation of intelligent solutions is needed.
A ‘Smart City’ enables all human activities through high-tech intelligent infrastructure & creates an ecosystem which improves quality of life and living in a city.
During next 20 years, every minute, 30 Indians will leave rural India for urban areas. At this rate, India will need some 500 new cities in the next two decades.
In India, futuristic smart cities are slowly taking shape. Slowly, the country is utilizing the digitization phenomenon and technologies, to create a better living experience. With changing times and masses becoming more tech savvy, the trend towards smart cities is here to stay. This would initiate and attract huge investment because SMART CITY IS THE FUTURE!
Sources: IBM / Escher / PwC