New economics of cities
Information Marketplaces: The new economics of cities
Author: Arup, The Climate Group, Accenture and Horizon, University of Nottingham
Publication date: 28 November 2011

The technology-enabled city is an untapped source of sustainable growth.

“Written in partnership with The Climate Group, Accenture and Horizon, University of Nottingham, this report investigates how technology can be used in cities to meet the growing challenges of expanding urbanisation.

The technology-enabled city is an untapped source of sustainable growth and represents a powerful approach for tackling unprecedented environmental and economic challenges.

By unlocking technology, infrastructure and public data, cities can open up new value chains, spawning innovative applications and information products that make sustainable modes of city living and working possible.

While smart initiatives are underway in urban centres around the world, most cities have yet to realise the enormous potential value from fully-integrated, strategically-designed smart city development programmes.

Now is the time for government and business leaders to recognise the value created by smart city thinking.”