Cities are where digital ecosystems collide, and all signatories to TM Forum’s City as a Platform Manifesto are primed and prepared to help shape the future of these ecosystems. Signatories have agreed to follow ten common principles as they delve into the smart city market which alone is estimated to be worth $1.5 trillion by 2020.
“As the world’s population expands and cities become denser, smart city programs are contributing to a better quality of life. However, technology by itself will not solve the challenges facing urban centers around the world,” said Carl Piva, VP and Managing Director of TM Forum’s smart city initiative.
“Instead a shared, collaborative approach between the public and private sectors is needed in the development of local data economies to create services that will improve lives.”