IIC Journal of Innovation 4th Edition | Page 10

Intelligent Transport Solutions for Smart Cities and Regions: Lessons Learned monetization. The architecture ensures a common and dependable framework that all participants can factor into their individual product road-map and technology plans. entry for specialist data analytics firms and application developers thereby cultivating a competitive marketplace. In conceptual terms, a shared data exchange and marketplace for smart cities and regions involves an environment where data providers (e.g. owners of sensors, connected assets, public- and private sector data streams etc.) can interact with data consumers. In a fully functioning scenario, there are many different types of data consumers. For example, some data consumers may subscribe to raw data and handle their own post processing to support a smart city application. Other users may specialize in adding value to raw data by supplying clean or meta data streams to other application developers and service providers. And, another category might specialize in analytics to extract features or insights that enable smart city services. For a successful outcome, it was important to ensure that technology providers did not impose a solution onto local authority users. Local authorities needed to have a voice in the solution design process and to have their operational and technology concerns addressed. An important feature of the project approach was a process of transparent communications with technology vendors and transport-sector experts to ensure collaboration and widespread acceptance on the part of city authorities . The first stage before the field-trials phase took the form of a feasibility study. This drew upon detailed input from cities, via a task led by Buckinghamshire County Council, as to how they perceived their data structures, their needs and their expectations. This approach ensured that the customer’s view took precedence in the solution design process. The value of a data marketplace to smart cities is, first, in creating a low-cost IT infrastructure to publish and share city data. Secondly, the marketplace promotes innovation and economic development by encouraging app developers, who possess competencies that most local authorities lack, to deliver app-based services to city authorities, residents and the business community. And, thirdly, revenues from the marketplace become a new commercial opportunity for smart cities to generate a positive financial contribution to their operating budgets. With this information, technology vendors and experts defined a joint solution to fulfill all the given requirements. Subsequently, local authorities in the consortium “translated” technical concepts and applications into benefits and opportunities, using the language of internal decision makers and other authorities, to enable faster adoption. The data exchange and marketplace idea, which standardizes the technical capabilities to import and export data, also includes commercial and legal rules for data and app IIC Journal of Innovation Since solving smart city problems is not only a technical issue, a large part of the challenge is to bring multiple cities and partners together to stimulate innovation - 9 -