A panel of experts chaired by Professor Rod Tucker on the Internet of Things. According to 2014 IDC estimates, there are already more than 50 billion globally connected sensors that can track, monitor and feed data to computerised systems. IDC foreshadows that by 2020 there will be more than 200 billion sensors generating an estimated 10% of data in what will be a 44 Zettabyte (1021) digital universe.
For a number of reasons over the last five to ten years we have seen a shift in politics, moving away from the centre towards the extreme edges. What is often still missing is a holistic approach towards the development of smart cities; this needs to be led from the top and to be supported by a ‘smart council’. A major stumbling block towards the development of a smart city is the many silos within a city, resisting the sharing of infrastructure and other relevant assets, resisting open data and open government. There are however, good examples both nationally and internationally of councils that are moving in the right direction.
Smart cities and innovation are on the national agenda, but are they enough to ensure Australia captures the full economic opportunity?