Government, cities, businesses and universities are joining forces to make sure the UK is leading the global race to develop smarter cities. A new forum led by government, will see local authorities and businesses working together to ensure that growth opportunities are not missed in a market estimated to be worth more than US$400 billion globally by 2020.
The smart Cities Forum, co-chaired by Universities and Science Minister David Willetts and Cities Minister Greg Clark, will develop plans to support the creation of smarter cities in the UK. smart cities have the potential for businesses to plan efficient routes to transport goods, allow local authorities to create effective public health services and provide the public with access to real time data so they can plan their daily activities.
David Willetts said: “There is huge potential for the UK to be the world leader in smart cities. We are well placed to take advantage of up to a $40 billion share of the market place by 2020, so we must make sure we do not miss this opportunity. The new smart Cities Forum will bring the best minds together on a regular basis to establish a clear plan to exploit the exciting technologies that we have at our disposal.”
He went on to say that the UK Government is already investing in the development of new technologies to support this sector. US$82 million is being invested by the2231 Technology Strategy Board in a Future Cities Catapult in London that will support businesses looking to commercialise their products and get them into the market place.
The Technology Strategy Board is also investing US$39 million to create a future cities demonstrator in Glasgow. The city will demonstrate how new integrated services across health, transport, energy and public safety can improve the local economy and increase the quality of life. It will also allow UK businesses to test new solutions that can be exported around the globe.
The smart Cities Forum, co-chaired by Universities and Science Minister David Willetts and Cities Minister Greg Clark, will develop plans to support the creation of smarter cities in the UK. smart cities have the potential for businesses to plan efficient routes to transport goods, allow local authorities to create effective public health services and provide the public with access to real time data so they can plan their daily activities.
David Willetts said: “There is huge potential for the UK to be the world leader in smart cities. We are well placed to take advantage of up to a $40 billion share of the market place by 2020, so we must make sure we do not miss this opportunity. The new smart Cities Forum will bring the best minds together on a regular basis to establish a clear plan to exploit the exciting technologies that we have at our disposal.”
He went on to say that the UK Government is already investing in the development of new technologies to support this sector. US$82 million is being invested by the
The Technology Strategy Board is also investing US$39 million to create a future cities demonstrator in Glasgow. The city will demonstrate how new integrated services across health, transport, energy and public safety can improve the local economy and increase the quality of life. It will also allow UK businesses to test new solutions that can be exported around the globe.
