See on Scoop.itAlmere Smart Society

Why insurers, pension funds and politics will be more important to Smart Cities in 2014 than “Living Labs” or technology.

I hope that 2014 will be the year in which we see widespread and large-scale investments in future city technology infrastructures that enable sustainable, equitably distributed economic and social growth. The truth is that we are still in the very early stages of that process.

In 2012 I spoke with a Director at a financial consultancy who’d performed a survey of European Smart City initiatives. She confirmed something that I suspected at the time: that the great majority of Smart City initiatives up to that point in the mature markets of Europe and North America had been financed by research funding, rather than on a commercial basis.

See on theurbantechnologist.com

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