Big Data is opening the doors to smarter, more connected city living. While still a relatively new concept,
Big Data is already proving to be a major buzzword, due to its potential to create a wealth of actionable insights for pretty much any and every industry. Simply put, this is because
Big Data amalgamates high volumes of a variety of data,, enabling smarter, faster and more comprehensive decision making, in near or actual real-time.
Exactly what smart cities need to succeed.
Smart cities can and should leverage Big Data from connected infrastructure, devices, sensors, vehicles, buildings, agencies and citizens to optimize smart city operations and improve the quality of its dwellers’ lives by as much as 10 to 30 percent! But how?
By enabling budget optimization
Big Data analytics can enable municipalities to understand how current budgets are being spent, and where those funds could potentially be reallocated to, to make better use of the money in accordance with the latest smart city trends and the needs of a given city’s municipality and citizens. The collected data can help inform which upgrades to smart city infrastructure are necessary, which are superfluous, and which would make the urban area more attractive to city dwellers, more efficient and more lucrative. More data for better planning, in the present, and for the future.
By informing smart city infrastructure management
The Big Data collected from sensors, cameras and other technologies embedded in a smart city’s infrastructure can be used to monitor all areas of an urban area. This is critical in helping to prevent disasters, such as traffic accidents due to malfunctioning lighting, flooding caused by sewage maintenance oversight and more. This also applies to more common activities, such as smart waste management, smart parking solutions, law enforcement and more. It is also instrumental in providing up-to-date information on available resources and the state of physical structures, ensuring that local supply and demand can be fulfilled and intelligent decisions can be made to further improve the urban-dwelling experience, in all that it entails.
By enhancing public safety
Public safety is inherently linked to the success of any smart city, as a city where crimes are routinely committed is less likely to be frequented, populated and engaged in business with, than a city where security is handled with an iron fist. Smart cities can make use of Big Data to learn when and where crimes tend to take place and implement more robust and targeted crime-fighting operations in those areas. Data from GPS, sensors and IoT devices can be used to respond to emergency situations with speed and ease and locate missing persons. The data from cameras, heat maps, and other urban tech solutions can be used to inform policing activities, potentially reducing fatalities by up to 10 percent, crime incidents by up to 40 percent, and emergency response times by up to 35 percent.
By relieving traffic congestion through real-time management
The integration of Big Data with IoT cloud platforms, along with fast communication infrastructure, can help inform road operators regarding existing traffic congestion challenges so they can better plan new roads and public transit routes, and may even be able to help city authorities regulate the quantity of traffic that is allowed to hit the streets at any given point in time. It can also provide commuters with real-time access to traffic information, so they can better plan their journeys around known bottlenecks and make smart traffic decisions, in real-time. Today, using the combination of both Big Data and fast communication infrastructure, AI-based systems, such as ITC, can predict congestion and even prevent it before it begins . It’s no wonder revenues from traffic-focused smart city technologies are expected to more than double from $2 billion in 2019 to $4.4 billion in 2023!
Think your urban tech development could lead to the next Big Data breakthrough benefiting smart cities around the world? Inquire about joining Highroad Launchpad’s next cohort, today!