EUREKA’s Smart City:
EUREKA’s inter-Cluster initiative
The Inter Cluster Committee gathering all EUREKA Clusters (ACQUEAU, CATRENE, Celtic Plus, EUROGIA2020, EURIPIDES² and ITEA3 have launched a Smart City initiative, mapping all EUREKA projects related to this challenge.
Cities and communities around the world face difficult challenges. Fifty percent of the world’s population lives in urban areas. This is expected to rise to sixty percent before 2025. This places a big pressure on city infrastructures (transportation, housing, water, power and city services), many of which require enormous redesign and capital expenditure.
These issues, and others, can be mitigated through the adoption of scalable solutions from leading technologies to increase efficiencies, reduce costs, and enhance quality of life.
Cities that take this approach are commonly referred to as Smart City. Frost & Sullivan estimates a world market potential of $1.5 trillion in 2020 for the smart city market in segments of energy and water, transportation, mobility, healthcare, building, infrastructure and governance.
A Smart City is a place where the traditional infrastructures, services and networks are improved and made more efficient with the help of ICT technologies, meeting the needs of its citizens and businesses. Collecting data from smart devices and sensors embedded in roads, power grids, buildings, transportation, infrastructures and others using smart software for digital added value services, is crucial for Smart Cities. The Internet of Things (IoT) appears to be one horizontal enabler for Smart City applications.