Smart city technology spending reached $80 billion in 2016, and is expected to grow to $135 billion by 2021, according to a report from the International Data Corporation (IDC). This is happening because cities are digitally transforming to improve environmental, financial, and social aspects of urban life. The IDC defines smart city development as: The use of smart initiatives combined to leverage technology investments across an entire city, with common platforms increasing efficiency, data being shared across systems, and IT investments tied to smart missions.
To find out what’s next in smart city technology, TechRepublic talked to several experts in the field as part of a roundtable discussion.
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