The urbanizing of first-world and developing countries has created a unique need for cities to become smarter and better-connected. This desire, along with a recent flurry of technological advances, has given birth to a concept known as the "smart city"—where networked infrastructure and Information and Communication Technologies (ICTs) are leveraged to improve social, cultural and economic development.
Stakeholders are highly motivated to undertake smart city projects for three main reasons:
- Economics
- Eco-sustainability
- Improving the overall quality of life for citizens
Governments in Zurich, Switzerland, Chattanooga, Tennessee and several other cities have already begun connecting their city, and have found terrific results.
With the concept of the smart city gaining worldwide appeal, Alcatel-Lucent (News 
- Alert) (ALU) recently undertook a market research study to better understand the players, the processes and the focus of these initiatives. The company's Market and Consumer Insight (MCI) team looked particularly at the role of service providers and how they can create unique value for stakeholders... Read More
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