Smart Cities: How to Maximize Opportunities with the Rule of Three
- andrewpw64
- Jun 4, 2024
- 1 min read
Updated: Sep 22
IoT applications play a critical role in creating smarter, more sustainable, and liveable cities by leveraging data-driven insights to improve urban infrastructure, enhance public services, and address key challenges faced by modern urban environments.
To really drive revenue growth with smart city applications, suppliers need to be very clear about their approach in the form of essential actions to successfully compete in this market, the added value they offer to cities, and their broader market strategy.
See the full Research Perspective at www.tecfutures.com/insight.

THREE ESSENTIAL ACTIONS
· Develop Comprehensive Solutions
· Focus on Vertical Markets
· Data Monetization
THREE WAYS TO DIFFERENTIATE
· Agility and Flexibility
· Expertise in Regulatory Compliance and Security
· Demonstrate ROI and Value Proposition
THREE MARKET STRATEGY COMPONENTS
· Subscription and Service-Based Models
· Partnerships and Ecosystem Collaboration
· Long-Term Partnerships and Support
About TecFutures
At TecFutures, we help create strategic roadmaps that help to answer the fundamental questions that Smart City player needs to address. Our Market Acceleration Framework enables Smart City players to build competitive advantage and drive revenue growth in the fast-evolving IoT landscape.
We are committed to helping our clients in developing their marketing strategies and tactics for the next wave of technology adoption.



