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Old Posted Nov 18, 2016, 2:20 PM
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Less than 10% smart city projects in India will be of large scale by 2020: Gartner
Here’s why large-scale smart city projects are at risk in India
Quote:
The lack of a holistic, framework-based approach and a viable revenue model are stalling large-scale smart city projects in India, media research firm Gartner said, predicting that through 2020, less than 10 percent of smart city projects implemented across the country will be of a large-scale.
Quote:
“The good news is that central government has now appointed a CEO for every designated smart city to ensure long-term continuity and a more holistic approach to smart city development,” Ramamoorthy noted.

The city CEO office will need time to establish the necessary protocols, policies, procedures and mechanisms, as well as other modalities for interdepartmental communication, transaction and functioning with respect to smart city projects. Gartner stated that of the current funding, only about 20 percent will be used for IT-based smart city product, solution and service implementation, while the remaining 80 percent will be used for physical infrastructure development. As a result, city officials will likely look to the service providers to fund initial projects.
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