DEVELOPING TOMORROW’S URBAN HUBS
More than half of the world’s population currently lives in urban areas, figures from the United Nations have revealed. This trend is only expected to grow. Research predicts that by 2045, the figure will have increased to 6 billion – 70% of the global population. But if the anticipated decline in rural living becomes reality, the infrastructures of urban areas will be put under increasing strain due to the sheer number of people they need to accommodate.
Energy supplies, transport networks, food production and housing will all require huge investment if they are to meet the demands of this mass urbanization. Smart cities are seen by many as the answer to this challenge of population migration. These urban areas use the latest information and communication technologies (ICT) to increase operational efficiency and create ecosystems to help meet these new demands.
Why do we care?
Smart cities deploy the latest technology to go beyond answering the demands of increased urbanization to create more connected and sustainable communities.
Venture-backed startups, entrepreneurs and innovators are able to use new technology to have a defining impact on not only how we live but how we communicate and live alongside each other. Pairing mobile devices and data with a city’s physical infrastructure and services can go a long way to enhancing how our future urban hubs operate.
Solving the world’s problems
We believe that the game changers could bring about a positive impact on the world’s biggest challenges, fundamentally change how we move, what we eat, how we feel and where we live for the better.