Smart Transportation Becoming the Focal Point for Smart City Projects Worldwide, According to New Pike Research Tracker

Mon Mar 4, 2013 5:00am EST

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BOULDER, Colo.--(Business Wire)--
The past twelve months have seen an explosion of interest in the smart city
concept. Cities around the world have announced new smart city strategies and
innovative projects, and many existing programs have been rebranded as smart
city initiatives. According to a new tracker report from Pike Research, a part
of Navigant`s Energy Practice, more than 50 percent of smart city projects are
focused on innovations in transportation and urban mobility. The tracker
identifies and details 130 smart city projects underway across the globe. 

"Smart city initiatives cover a wide range of projects, but urban mobility is
becoming a lynchpin issue that ties together energy reduction, sustainability,
and technology innovation," says research director Eric Woods. "Devising an
environmentally friendly, economically efficient, and voter-acceptable mobility
strategy for the modern city is at the top of the priority list for many smart
city planners." 

The growing interest in smart city programs is creating a global market
opportunity that represent billions of dollars in annual revenue. City officials
see sustainability as closely tied to the economic opportunities for their
cities. City officials understand that the growth industries of the future will
be closely linked to the development of information and communication
technologies and services, as well as innovative clean technologies, and they
see the smart city concept as both a useful marketing tool and a means of
coordinating investment and innovation. 

The report, "Smart City Tracker", provides survey results regarding the current
state of smart city developments around the globe in all their diversity. In
particular, the tracker covers five key industry sectors as they relate to smart
cities: smart energy, smart water, smart transportation, smart buildings, and
smart government. It also looks across these sectors at projects that address
multiple aspects of city operations. The tracker includes 130 projects, more
than 90 percent of which address issues related to energy, transportation, or
government. These projects are segmented by region and by primary industry
sector. An Executive Summary of the report is available for free download on the
Pike Research website. 

About Pike Research

Pike Research, which joined Navigant`s global Energy Practice on July 1, 2012,
provides in-depth analysis of global clean technology markets. The team`s
research methodology combines supply-side industry analysis, end-user primary
research and demand assessment, and deep examination of technology trends to
provide a comprehensive view of the Smart Energy, Smart Utilities, Smart
Transportation, Smart Industry, and Smart Buildings sectors. Additional
information about Pike Research can be found at www.navigant.com/pikeresearch. 

About Navigant

Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated to
assisting clients in creating and protecting value in the face of critical
business risks and opportunities. Through senior level engagement with clients,
Navigant professionals combine technical expertise in Disputes and
Investigations, Economics, Financial Advisory and Management Consulting, with
business pragmatism in the highly regulated Construction, Energy, Financial
Services and Healthcare industries to support clients in addressing their most
critical business needs. More information about Navigant can be found at
www.navigant.com. 

* The information contained in this press release concerning the report, "Smart
City Tracker," is a summary and reflects Pike Research`s current expectations
based on market data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full report
for a complete understanding of the assumptions underlying the report`s
conclusions and the methodologies used to create the report. Neither Pike
Research nor Navigant undertakes any obligation to update any of the information
contained in this press release or the report.

Pike Research
Richard Martin, +1-303-997-7609
richard.martin@navigant.com
or
Navigant
Laverne Murach, +1-202-481-7336
laverne.murach@navigant.com

Copyright Business Wire 2013

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