Reaping the benefits of the hyperconnected city

A virtuous circle exists in hyperconnected cities where economic prosperity, business growth and social well-being combine to become increasingly efficient and effective. Many of the factors that feed into this iterative growth, such as social, health, environmental and business advantages, are difficult to calculate. However, the statistics that prove qualitative benefits – creating new business opportunities, filling talent gaps, improving public health, reducing crime, boosting productivity and addressing income inequality – are more measurable. The ability to establish a measurable framework through which to accelerate transformation is critical in order to justify the time and resources required to take a smart city to the next level. This framework, which includes defined ROI, benefits to citizens and businesses, and any learnings from those who have trod the path already, will ultimately speed up the arrival of truly hyperconnected cities.