All of a sudden it seems that everyone is interested in 'Smart Cities'. Publishers are creating periodicals dedicated to them (our favorite is Smart Cities Dive); in 2016 the venture capital community invested $2.7 billion in the sector; and now business accelerators (DreamIt and Urban-X, to name two) are incubating companies dedicated to the space. This is because, for the first time in the history of the planet, more than 50% of the world's population is currently living in urban areas (80% in the US). Projected to rise to 66% by 2050, this is unsustainable without a complete overhaul of existing infrastructure and services. No wonder that leading investors are focusing on the 'Smart Cities' opportunity.
RFID tracking will serve as its foundation.