Smart cities in the world are meant for residents to live a high-quality life, but it also can save the cost and energy by smart city technologies.
More and more, smart city has become a popular concept across the world. An increasing number of municipalities have either deployed or are trialing smart city solutions to make themselves more livable. While these solutions play a critical role in raising the citizens’ quality of life, they also contribute to further cost savings for different stakeholders.
That was the point raised in a whitepaper by
ABI Research titled Smart Cities and Cost Savings.
Cost savings for government
According to the whitepaper, smart city cost savings are identified on three levels: city...