Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 6.2 percent from 2017, according to the latest forecast by Gartner, Inc.
Finance & Policy NA
The smartest cities in the US have been formally announced following weeks of public voting in a survey conducted by IDC Government Insights. Over 3,000 votes were cast in the inaugural IDC Smart Cities North America. (SCNAA)
A comprehensive report compiled by Navigant Research has projected that the global market for smart city communication networks is set to increase annually from $5.bn in 2018 to $13.4bn by 2027.
Dallas has announced that it will pilot six new innovative 'smart city' programs aimed to improve connectivity and mobility issues in the city. The program is being spearheaded by the Dallas Innovation Alliance, which is a non-profit organization that brings the public and private sector together to design and execute a 'smart city' strategy for Dallas.
Significant investment from the CTA (Consumer Technology Association) and financial company Deloitte - has helped highlight the opportunities presented by the emerging sector in smart cities technology and solutions at this year’s CES 2018. The Consumer Technology Association has estimated that spending in the smart city sector will reach $34.35 billion by 2020.
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