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Smart cities can improve quality of life by up to 30pc

19 8 13

WHETHER it is Asia or America, everyone is aspiring to build a smart city – and most are finding success to varying degrees, but there needs to be more effort on the part of municipal and government officials to make a real difference.

According to McKinsey who just released a 152-page report on Smart Cities, current applications of technology could improve some quality-of-life indicators by 10–30 percent.

Given the fact that the cities are bursting at the seams, are accommodating more than half of the world’s population, and are expected to add another 2.5 billion new residents by 2050, a renewed focus on making cities smarter is important.

SEE ALSO: Sorry Dubai, London: Singapore is the #1 smart city

The global consulting firm assessed how dozens of current smart city applications could perform in three sample cities with varying legacy infrastructure systems and baseline starting points.

It found that the tools could reduce fatalities by 8–10 percent, accelerate emergency response times by 20–35 percent, shave the average commute by 15–20 percent, lower the disease burden by 8–15 percent, and cut greenhouse gas emissions by 10–15 percent.

Understanding the potential of smart cities

The world’s infrastructure didn’t come into existence all of a sudden. It was built over decades. As a result, it’s not always at par with the most modern technology or the latest innovations.

Despite investing US$2.5 trillion on infrastructures such as transportation, power, water, and telecommunications systems, there’s a lot that needs to be overhauled.

Especially when we........

© Asian Correspondent