Peter Sondergaard, Senior Vice President GARTNER said: “Information is the “oil” of the 21st century. Analytics is the “motor” that runs with it. To extract the “resource” information out of the immense data volume is the core task of the company in future.”
Applied to cities:
With the increasing amount of data generated the relevance of data analyses and transfer into actionable information grows. The single purpose of data as well as proprietary systems are replaced by open interfaces, multi purpose of data and standardization. Standardization is the pre-requisit for scale up solutions that are basis for economically viable industry engagement.