Ovum Warns Smart Cities Inhibited By Slow Rising Of IT-Based Modernisation

The huge and diverse market for ICT-based smart city initiatives is driving a flurry of “smart” and “intelligent” vendor solutions, says Ovum.

June 13, 2012 / 13:10 IST

The huge and diverse market for ICT-based smart city initiatives is driving a flurry of “smart” and “intelligent” vendor solutions, says Ovum. Yet this market’s potential is being inhibited by immature standards, rigid and siloed infrastructures, limited budgets, and fragmented and politicised decision-making, warns the global analyst firm.

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first published: Jun 13, 2012 12:58 pm

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