In areas from traffic management to public safety, Singapore is by far the world’s leading smart city by quantitative measure. Home to 5.8 million people, Singapore ranks as a major global urban area and the world’s most expensive city—two traits that make it ripe for smart city technology.
But what about cities with smaller footprints that might not seem to warrant the effort to produce widespread connectivity via the Internet of Things (IoT)? At least by some perceptions, there’s a clear correlation between smart cities and size. Asked to name the most important factors for the future success of their IoT initiatives in their location, respondents to a Forbes Insights/Intel survey selected population size (27%), population trends (25%) and population density (20%) as three of the top-ranking answers.
But other factors having nothing to do with population also scored high, such as infrastructure, networks and bandwidth (number one, at 31%) and tax/financial incentives (28%). And therein lie two keys that smaller urban areas should consider as they take their first steps towards connected urban technology.
Read the full story at forbes.com.