Home Tag "Ruthbea Yesner"

Smart Cities spending to reach $158 billion in 2022

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Smart City initiatives will attract technology investments of more than $81 billion globally in 2018, and spending is set to grow to $158 billion in 2022, according to the new release of the International Data Corporation (IDC) Worldwide Semiannual Smart Cities Spending Guide.

Middle East IT sending on Smart Cities goes up

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In its latest report issued by IDC, spending on the technologies that enable Smart City initiatives is forecast to reach $1.26 billion for the Middle East and Africa (MEA) region in 2018 and is expected to reach $2.30 billion in 2021. Cities across the region are implementing digital transformation initiatives within urban ecosystems in order to facilitate a broad range of environmental, financial, and social outcomes. In IDC’s view, a Smart City begins to be developed when multiple smart initiatives are […]
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