e may have reached peak ‘smart city’. This trend depends on the continued densification of global urban areas and the exponential penetration of the internet into industries that were previously isolated from digitization. To see the peak in person, it’s best to get a glimpse at the Smart Cities World Congress in Barcelona; an event that brings together 17,000 people from around the world including 600 municipal leaders and over 500 international exhibitors.
At Urban-X, we see a new model for engineering the city as a service emerging; one in which top-down planning meets with bottoms-up participation and design that integrates people, businesses, buildings and other infrastructure. Open data and platforms that encourage creativity and economic vitality are a defining characteristic of the cities we want to live in.
The key to facing the climate crisis, security vulnerabilities and rapid urbanization is real citizen engagement and collaboration between the public and private sector. Startups have an important role to play, but the true economic potential of this space won’t be fully unlocked until we get good policy change and business model innovation from large companies.
Here are ten key takeaways from the Smart City World Congress in Barcelona that inform our path forward:
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