Smart City is an exciting opportunity for utilities as they have the potential to become a digital market maker. By interconnecting millions of Internet devices and thousands of power sources, significant opportunity is created. This will enable the utility, and the community, to stay relevant, allowing the utility to embrace new technologies on the grid, while the city and community foster and harvest new commerce and economic growth.
Moreover, thoughtful and well-conceived neighborhood pilots, allows the utility to observe potential Smart City services and how they could improve the utilities short and long term business model. Neighborhood pilots also help public and private sector stakeholders make progress towards tangible, incremental results that build credibility and justify further public or private sector investments.
iNeighborhood works with utilities to develop their Smart City business plan, implement, manage and monitor neighborhood pilots.