By using sensor networks, automated systems and insights from data collected, technologies will help to improve livability, sustainability and support local economies as well as provide more proactive services to citizens.
Councils are also able to improve operational efficiency and provide cost saving initiatives through automation, greater business intelligence and facts to support trends and pattern recognition. While the Internet of Things is recognized as one of the key elements in a smart city or community, there are various other components and challenges which must be addressed to successfully execute a smart city strategy. It should be noted that smart cities aren’t just about technology; but also about disruptive technologies, disruptive thinking, innovation and business process optimization that enables councils and other organizations to create new opportunities that have been simply overlooked or didn’t exist due to constraints or obstructive barriers in the past.
In addition, smart communities focus on the community outcomes in terms of jobs, growth, environment and livability, attracting new people to the local area and retaining those who call it home.