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HOW TO MEASURE SMART CITY ROI

To accurately measure and demonstrate ROI, city planners must get creative — or risk missing out on the substantial returns of smart city initiatives.

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Securing Funding

The value is there, and the funding should be too. Getting stakeholders on board requires data, data, and more data.

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Measuring ROI

Some of it is quantitative, some of it is qualitative. To capture smart city ROI, a holistic approach is needed.

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Building Community Support

Citizens, businesses, and government — community support means deep engagement throughout all three.

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Defining the Platform

Data is the noise. ROI is the music. To achieve the latter, one must aggregate and activate the former — that’s what a platform is for.