Reducing pollution from transportation. Pollution is a problem in both the developed and developing worlds, and transportation is a major contributor. Smart technologies and practices can significantly reduce transportation’s environmental impact. Traffic management creates a more efficient road network and reduces travel time, reducing vehicle emissions. And smart public transit is easier and more convenient, attracting more riders and reducing reliance on automobiles. Smart cities also encourage the use of electric vehicles by example, choosing them whenever possible for their own fleets and providing charging stations in public buildings.
Transportation: Page 3 of 9
Increasing cities’ competitive advantage. The quality of cities’ transportation infrastructure is a major factor in business and industry investment decisions. Business and industry often depend on reliable employee travel and/or transport of goods. Transportation networks that offer reliability are sought out.
Becoming more attractive to talent. Professionals, like businesses, consider mobility when deciding where to locate. Cities with efficient transport will see their businesses thrive, thereby increasing the tax and employment base.
Improving transportation budgets. Cities spend billions on their public transportation systems, and yet they are often inefficient, with capacity not in line with demand. Smart technologies unleash the savings and efficiency potential of transportation investments. For example, information from embedded smart devices can be analyzed to determine subway system expansion needs with respect to highest transit priority, future demand needs – and then servicing that demand at the lowest cost.
Additionally, analytics can make the most out of expensive transportation assets. Sensors and monitors can report on the actual condition of infrastructure so that operators can make better decisions, servicing equipment based on actual condition and not on a guess. This kind of asset management can squeeze many extra years of use from an investment, and all without compromising equipment or passenger safety.