A smart city seems to be the goal that many city officials are striving for today, the sign that a city has enough advanced technology to support its citizens’ needs. Yet, what exactly is a smart city? To us, it’s not just the use of technology to make things work more quickly; rather, it’s the use of a variety of technology — such as IoT devices, data and services — to break down silos across a city to be more efficient. Whether it be a parking kiosk, road sensor or smart traffic signal, the use of technology to improve a service and connect is when a city truly becomes smart.
SmartSpace Software Plc (LON:SMRT) is focused on technologies that make real estate more efficient and organisations more effective. Listed on the Alternative Investment Market of the London Stock Exchange, they provide leading smart workplace software and technology to the commercial workplace, retail and hospitality real estate sectors.