FountainBlue’s July 13 VIP roundtable was on the topic of ‘Smart Cities, Smart Buildings Trends and Predictions’. Thank you also to our gracious hosts at Ford and to our participating executives. Below are notes from the conversation.
The perfect storm is bringing together technologies and industries and solutions to make cities and buildings smarter, serving an ecosystem of broad and diverse players. There’s a lot at stake, and everything is evolving quickly. Success with this opportunity involves:
- A collaborative mindset which is open to technologies, solutions, and processes introduced by other leaders, companies and industries.
- An adoption of cutting hardware and software technology solutions, and even more importantly, the elegant integration of same.
- A customer-centric, tech-philic, data-enabled approach to delivering solutions.
- A vision for a future which leverages technology to make life easier for more people.
- An ability to respect the volumes of data generated, and then to filter out the noise and collect actionable information which will efficiently prescribe measured actions.
- A deep respect for the privacy of users, while also delivering to their specific and detailed personalized needs.
Below is advice offered by the participating executives on how to facilitate leadership and innovation which creates smarter cities and smarter buildings.
- Define standards which are approved by a wide range of partners across the ecosystem.
- Everyone across the ecosystem must work with policy-makers to help ensure the success of entrepreneurial and business initiatives which spawns innovation and economic growth.
- Have regular open conversations in community and encourage and reward win-win collaborations.
- Understand the business models for proposed solutions, especially when you’re supporting cities, who have not traditionally had the financial resources and risk-taking mindsets necessary to adopt game-changing technologies that make life easier for citizens.
- Accept that users will insist on bringing their own device to work and want to work from anywhere. Corporate and community leaders must figure out how to make everyone’s data safe and private despite these choices.
- It’s always about the data. Make sure that you Focus on quality data (not just noise), that the right people Access the intended data, and that you can fluidly Manage how data is generated, accessed, used and distributed.
- Focus on creating specific use cases for adopting technologies and processes and business models which would benefit all participating parties.
- Be mindful of the many innovations happening in Asia, specifically Shanghai. Don’t assume that Silicon Valley and the US are leading the way.
- Look not just at the technology and economic progression of the company/team/industry, but also at the social impact and long-term sustainability of the decisions made.
- Although we are always looking for sexy technologies and solutions, it’s always about the people – our customers who adopt it, our staff who implements it, our leaders who influence adoption.
- Sometimes adopting a technology without a specific goal in mind might deliver results beyond your imagination. Case in point, in Shanghai, $1 sensors were put on manhole covers because it was easy. Although it wasn’t planned at the time, the result was better traffic management and control, better road safety and quality around the manhole, less theft of manholes, decreased number of vehicles who didn’t get smog-checked, and increased ability to track stolen cars.
Below are thoughts and questions to consider when investigating opportunities for Smart Cities and Smart Buildings.
- What technologies would increase public safety and minimize crime?
- How will analytics help cities to better serve residents?
- What’s the best way to get from point A to point B?
- How can we improve parking, and therefore better manage congestion?
- How can we measure the time and energy used and saved in a building with more granularity? with more regularity?
- What can we do to support over-strained city resources as people flock to cities and as more huge cities are born?
- How will sensors integrate with AI and ML to create actionable data, not just noise?
- How can we continue to optimize storage, access and connectivity when demands grow at such an alarming rate?
- How do we keep in front of the bad guys who would jeopardize our safety, compromise our network, steal our personal data?
- How can we all more efficiently and effectively work together to deliver customized services to workers and residents in growing cities?
- What can be automated and what should not be automated?
We are all impacted by the choices made by leaders and companies to create smarter cities, especially as the greater majority of us will move to cities in the decades to come. The leaders and the innovators will define which technologies, which processes, which solutions will succeed, and who will benefit from these successes.
Food for thought:
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