Cities Get Smart: Tech Is Accelerating Change for Infrastructure and Buildings
The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

Cities Get Smart: Tech Is Accelerating Change for Infrastructure and Buildings

/ Report

Video

CEO Insight Minute: How Can Tech Make Cities More Efficient and Vibrant?

Smart cities and buildings can produce data like never before. How can companies leverage this to improve both business and environmental outcomes?

Cities and infrastructure asset owners are looking to become more efficient, competitive, and sustainable by utilizing data and information. They are turning to smart city and smart building initiatives to reduce cost, enhance productivity, and solve urban problems.

Trusted Insights for What's Ahead™


[1] Jennifer King and Christopher Perry, Smart Buildings: Using Smart Technology to Save Energy in Existing Buildings, American Council for an Energy-Efficient Economy, Report A1701, February 2017.

Cities and infrastructure asset owners are looking to become more efficient, competitive, and sustainable by utilizing data and information. They are turning to smart city and smart building initiatives to reduce cost, enhance productivity, and solve urban problems.

Trusted Insights for What's Ahead™

  • Smart city and building initiatives can improve decision-making for municipalities and commercial building owners, resulting inincreases in economic activity,decreases in both costs and carbon emissions, and improvements in quality-of-life measures.
  • Building owners and occupants are exploring how smart technologies can be used for operational and cost savings in a post-COVID world; retrofitting a building with such tools as smart meters, touchless technologies, and occupant monitoring can save up to 40 percent in energy costs, which are the largest cost of operating a property.1
  • The business benefits for smart infrastructure and buildings include not only operational optimization, but also increased intelligence to support asset replacement and maintenance decisions, as well as new business opportunities in this expanding market.
  • Security, trust, and privacy considerations need to be prioritized, as smart infrastructure is often critical infrastructure, and can leave citizens, cities, and businesses vulnerable to cyberattacks, natural and man-made hazards, and other types of project failures.

[1] Jennifer King and Christopher Perry, Smart Buildings: Using Smart Technology to Save Energy in Existing Buildings, American Council for an Energy-Efficient Economy, Report A1701, February 2017.

This publication is available to you, but you need to sign in to myTCBTM or create an account to access it.To learn more about becoming a Member click here. To check if your company is a Member, click here
 

Keep my computer signed in

 

By Clicking 'Create Account',
You Agree To Our Terms Of Use

Members of The Conference Board get exclusive access to Trusted Insights for What’s AheadTM through publications, Conferences and events, webcasts, podcasts, data & analysis, and Member Communities.

Author

Other Related Resources

hubCircleImage