Finding and negotiating creative financing approaches will be critical to widespread adoption of smart city practices. Private companies will play a significant financial role in making that happen.
Most industry experts agree that the adoption of the Smart City concept is growing around the country and world. Cities are looking to new and technologically savvy ways to meet the needs of their citizens on a broad range of
With grant support from federal agencies, proactive initiatives from local municipalities, and the resources of academia and the private sector, the concept of smart cities is emerging.