“It has become appallingly obvious that our technology has exceeded our humanity.” This quote by Albert Einstein perfectly resonates the present times, where technology has taken the front seat and is driving the transition towards a ‘smart’ world. Today, governments and businesses are promoting the concept of ‘smart cities,’ it involves deploying the various components of Internet-of-Things (IoT) such as sensors and networks to improve the quality of life, and efficiency of the urban population.
While governments are boosting it because the natural resources are depleting and it is high time to use them judiciously, as for the businesses, the sector is booming; hence, more opportunities to encash or generate more revenue. Many new start-ups have pooled in the market that is still at a nascent stage. Leveraging technologies such as artificial intelligence and machine learning, start-ups as well as other organizations are continually pushing the limits to make the machines better so that the overall infrastructure of the city can be robust. From transportation system to homes to utility management, new IoT solutions are bringing a seismic shift.
However, with all the hype, there is a rise in the number of innovative solutions coming to the market. Need thus arises not only to be aware of various advancements happening in the field but also to choose the right solution in the quest to achieve higher efficiency and financial goals. To assist organizations with the same, the editorial board at StartupCity has selected a handful of promising smart city start-ups that are redefining the ways and are setting benchmarks with their offerings. We have considered the vendor’s ability in delivering solutions; keeping in mind, the factors like the expertise in the domain, competencies, and the impact of the solution on the finances.
We present to you StartupCity’s “15 Most Promising Smart City Start-ups- 2019”.