Transformative Growth Opportunity #3
A trial program launched by Transport for London (TfL) logged Wi-Fi data from travelers’ smartphones anonymously, which allowed them to analyze passenger movements and improve services accordingly. This really underpins how powerful the impact of “data” is in a city’s mobility value chain.
Hence, digitization is the bedrock of new technology and services expansion, new mobility solutions, and smart applications in city management. Cities with well-structured digitization strategies such as open data sharing through integrated APIs are able to channel the power of technology to attract more start-ups and developers to help address city mobility challenges. Also, 5G can unleash the power of tapping unexplored white spaces in transport innovation and cities that are supporting early pilots and pre-launch have precedence over others.
The Smart digitization Index examines the current state of cities’ digital capabilities, infrastructure, user adoption rates, data security measures as well as future outlook.
Consumer Structure