With more interest in investing in technology
innovation hubs as part of a Smart City investment strategy is critical to
leveraging economic growth and bridging the development gap across emerging markets
globally, reports ITRealms.
This is coming on the heels of the Middle East
and Africa, slated for June this year, gets underway and tagged Smart Cities Global
Summit 2018.
The Strategic Technology Advisor, Smart City
Algiers, Dr Riad Hartani, said by implementing Smart City Strategies should be
seen as a means to an end, rather than an end in itself.
“It provides the opportunity to leverage new
leapfrog technologies, innovations models and investment strategies to adapt
the various economic development roadmaps into an Internet and data first era,
which will be with us for the coming decades" Hartaini said.
He also noted that the recent official launch
of the Algiers
Smart City Live Experimentation Lab and Technology Innovation Hub (www.SmartCityAlgiers.com)
in Algiers, “is one of the pragmatic steps mapping such strategies into
actions.”
Further, he said, “From an emerging world perspective, smart cities strategies
provide a catalyst framework to fundamentally address the key obstacles to fast
tracking development: a relative isolation from the leading high tech
innovation clusters, a high level of dependency on advanced technologies
providers with little transfer of technology, and a fairly low level of
confidence in building their own technology startup champions.”
ITRealms gathered that over
150 international speakers and 4,000 delegates, representing leading technology
investors, Founders and CEOs, as well as government representatives, Smart City
leaders and Industry Heads will feature at the two-day summit.Chuks Egbune/GEE
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