How Smart Cities Save Money (and the Planet)
In the face of shrinking budgets and limited resources, we can’t just continue to build new roads, buildings and infrastructure to support growth. Aside from space limitations on creating new roadways or power grids, cities can’t afford to shut down existing facilities that people rely on in order to install new ones.
So, instead of striving for physical growth, today a city’s success should be measured by how wisely it uses energy, water, and other resources, how well it maintains a high quality of life for its people, and how smart it is in building prosperity on a sustainable foundation. In short, cities have to become much smarter about how they use existing capacity and resources.
Read more via Harvard Business Review