According to MarketWatch, the Smart Cities market is estimated at $2 trillion USD by 2025. The IC is the founding “Research and Strategic Partner” for the 19 cities that currently make up the Colorado Smart Cities Alliance (Denver, Boulder, Aspen, Colorado Springs, Fort Collins, Centennial, Littleton, Aurora, Arvada, Longmont, Westminster, and Lone Tree, among others). The Colorado Smart Cities Alliance is the first statewide alliance of public, private, academic, and federally funded research labs in the U.S. It is a rare, multi-jurisdictional collaboration of public, private, and academic sector leaders committed to accelerating the adoption of smart cities projects, IoT, and cutting edge innovation-oriented initiatives in their respective communities.
Along with Arrow Electronics, as the Lead Technology Advisor, and the University of Colorado as the key Academic Partner, the Colorado Smart Cities Alliance and the Innovation Corridor further Colorado’s innovation-focused brand. We develop projects that leverage advancements in science and technology allowing residents to live efficiently and effectively. Network technology and computational analysis present opportunities to amplify principles of good urbanism that did not even exist a decade ago. Sensors, actuators, and analytics allow us to use less energy, promote economic development, provide a safer environment and foster greater civic engagement and empowerment. We collaborate to benefit our citizens and businesses cover 80% of the state’s population and 95% of Colorado’s total GDP.