The rise of digitization and smart technologies such as advanced driver-assistance systems, smart sensors and other Intelligent Transportation Systems (ITS) are transforming the world of transportation as we know it.
A future where driverless cars are roaming city streets may be closer than you think. Quickly moving past test and pilot phases, autonomous vehicles are now hitting the road in business parks and on limited fixed routes, bringing the promise of increased safety, reduced emissions and the potential for streamlined public transportation.
Roads, railways and broadband might come to mind when you hear the word “infrastructure,” but at Duke Energy, the first thing that comes to mind is the energy grid – the largest machine ever built. It’s the infrastructure that powers nearly every part of society, enabling communities to grow, businesses to thrive and families to live comfortably.
Like many people, Harshita rides the bus every day. Unlike others, however, when on one ride home she noticed a visually challenged person having difficulty crossing the street, she was inspired to find a way technology could help.
For decades, the definition of “infrastructure” has remained unchanged and was used to define roads, bridges, electricity and water delivery systems, among other examples. But as cities continue to build upon smart city efforts, the concept and very definition of infrastructure is changing.
It is evident that the emergence of technologies like the Internet of Things (IoT) has disrupted – or will soon disrupt – every sector and every business across the world. We’re seeing a digital transformation that is reshaping markets and transforming how people live and work. Although IoT technology is relatively young, there are countless deployments underway globally that are accelerating the path to economic growth and improved living conditions for millions.
Some think of the technology as disruptive, but at its current level of maturity, AI is really more of a “foundational technology,” says Brian Tessier, vice president of global supply chain innovation at Schneider Electric. You could place it on the maturity curve near blockchain, he says.
Sustainability challenges grow more pressing by the day. Research shows that global temperatures are on track to increase by 2 degrees C by the end of the century — and some scientific models are predicting up to 6 degrees. Antea Group’s blog showcases 9 companies to watch in 2018 for their innovative efforts towards achieving sustainability.
Smart cities also can be “Safe Cities” through the integration of smart city and public safety initiatives. An estimated 20 Safe City pilot programs are underway across the United States, in addition to programs on nearly every continent, in cities such as Dubai, Singapore and London.
Is the smart city hype cycle over? Have concerns about cost, security and public skepticism finally won out over the benefits of efficiency, sustainability and public safety? It is fair to consider whether the futuristic visions of hyper- connectivity and advanced livability, enabled by accessibility to vast streams of data, can withstand the very real concerns that municipalities cannot afford the technologies behind smart city projects.
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