By Mike Beevor
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Chelsea Collier
Cities large and small hold a wealth of problems for entrepreneurs to solve. With the enormous amount of services that cities are responsible for providing--public transportation, utilities, emergency services--observant founders can build businesses that will garner plenty of interest by finding ways to optimize these operations.
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When you compare a city-nation like Singapore to the United States, there are a number of differences, but one is fairly obvious: size. Singapore’s population of 5.8 million is roughly equivalent to that of Wisconsin. The total land area (278 square miles) is about the size of Lexington, Kentucky. In addition, Singapore has an inherent lack of natural resources. These two factors are very real constraints.
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When Denver Mayor Hancock spoke at Smart City Day at SXSW this year, he voiced a commitment to establishing trust and transparency, serving residents and “meeting them where they are.” City leaders who encourage that way of thinking are already a step ahead. Adding connected technology is the next step to transforming a community into smart city.
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The Internet of Things (IoT) holds tremendous promise for creating greater levels of efficiency, productivity and safety. Illustrating this concept through the context of a smart home is relatively simple. “Things” like refrigerators and thermostats are connected to the Internet and controlled by a mobile phone. Without any human interaction, your refrigerator can send an email or a text that certain supplies are low and even automatically integrate with a grocery delivery service. It’s all about leveraging technology to minimize inefficiency.
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