User:Jwhittet
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User Name | Jwhittet | |
Name | Jason Whittet | |
Company | Amazon | |
Company Position | Digital Innovation Lead | |
City, State | Scottsdale AZ | |
Country | United States | |
Sectors | Wireless | |
Membership Level | Member |
- Activities
Looking Beyond Today’s Smart City Deployment | ||
According to McKinsey & Company, the value of Internet of things technologies in the smart city environment is worth between $930 billion to $1.7 trillion per year in 2025. The impact is staggering and much of the projected ROI is based on effective data collection, management, processing, interpretation and timely application in the field. With less than 1% of the data available being currently used, the opportunity to make quantum leaps is enormous. Those organizations that incorporate interoperability into their existing systems obtain 40% more value. Additionally, the industrial use case for data is 200% more valuable than in the consumer markets. Clearly cities must unlock the value of data beyond the hype. | ||
The Urbanization Challenge That Cities Face | ||
Cities are facing a crisis. If you ask most Mayors what they want for their cities, they will say “jobs, economic growth, a healthy vibrant and safe community that offers an inclusive high quality of life for all of its citizens.” But to accomplish these things, a city must plan and manage its assets efficiently, to include it most precious asset – its people. | ||