Hyperconnected cities to reap US$60 billion, says new report

A new study has found that cities should be aiming to become ‘hyperconnected’ rather than just ‘smart’ as cities could collectively enjoy a return on investment of as much as US$60 billion if they were to become fully hyperconnected.

ESI ThoughtLab revealed their year-long global study–Building a Hyperconnected City–at the Smart City Expo World Congress in Barcelona in November.

The study by economists evaluated 100 cities from 52 countries and concluded that hyperconnected cities make better use of energy and resources, as well as offering citizens improved safety, health and wellbeing.

“Cities that leverage new digital technologies to transform and securely interconnect critical e...