Cities expected to spend $4.8B on big data and cloud by 2017
September 25, 2012
Grazed from GCN. Author: Rutrell Yasin.
Communication, data sharing and application development — particularly cloud computing and data analytics — will play a key role in the transformation of city government over the next five years, according to a new report from Pike Research.
Cumulative investment in smart government technology between 2011 and 2017 will be almost $4.8 billion, according to the report Smart Government Technologies. Annual investment in smart government technologies in North America alone will surpass $1 billion in 2017, and annual investment in cloud services for smart cities will reach nearly $1.4 billion worldwide by 2017, the report states…
City leaders worldwide are under pressure to deliver economic growth, meet sustainability targets and continue to improve the quality of municipal services at a time when they are facing drastic budget cuts. This is forcing many city leaders to improve efficiency and drive further innovation in the creation and delivery of services…
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