A research report by U.K.-based market researcher Juniper Research ranks Shanghai as the world's top smart city this year, followed by Seoul, Barcelona, Beijing, and New York City.
The study highlights Shanghai's Citizen Cloud data platform as an access point for over 1,000 municipal services.
Juniper's Mike Bainbridge cited the leading cities' use of technology and data to reduce environmental impact and energy consumption, and "to deliver observable benefits for their citizens as well."
The analysis classified smart cities as presenting a $70-billion investment opportunity by 2026, up from $35 billion last year.
Juniper said much of that will be invested in smart grid initiatives that will save over 1,000 terawatt-hours of electricity in 2026.
From Computer Weekly (U.K.)
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