As smart city projects continue to expand and evolve, data sharing sits at the intersection of business opportunities and technology developments. Cities can certainly benefit from data sharing across smart city applications and sectors. However, sharing among cities, as well as the development of data exchanges and marketplaces, will signal that smart cities are moving to the next level of value creation for citizens and local governments.
This report assesses data sharing alternatives for smart cities. It also proposes a blueprint for a common framework, a set of critical components and an evolutionary path from data collection to value added capabilities (e.g., economic development, data monetization, third party relationships).