On June 3rd Onvia Market Analyst Paul Irby presented to the Smart Cities Council, a leading international trade organization set up to educate about trends in city improvement and promote member companies that provide “smart cities” projects, goods and services. Their membership includes a wide range of industries from technology to infrastructure selling into the government.
Using data from Onvia’s suite of government contracting business intelligence, Paul presented on “Trends in Smart Cities Procurement: Using Technology and Innovation to Gain Efficiency”. The presentation covered three main areas of research and insights around smart city initiatives, specifically:
- What the top procurement challenges faced cities are today including: budget, time and resource restraints
- How cities are changing the way they buy through term contracts, multi-vendor awards, consolidated purchasing & cooperative purchasing
- Highlights and insights related to three key products and technologies associated with the smart cities movement: cloud computing, police body cameras and intelligent transportation systems
You can view the full presentation below:
To learn about more about Smart City technology trends, download our free report Smart Cities: How Cities are Investing to Enhance Livability