The world population stands at approximately 7.5 billion people at this time.
The United Nations in 2009 and the International Organization for Migration in 2015 both estimated that around 3 million people are moving to cities every week.
Today, approximately 54% of people worldwide now live in cities, up from 30% in 1950. Sources estimate this will grow to 2/3 of the world population in the next 15-30 years.
Those people want high-quality services and unfortunately, many of our cities are facing challenges maintaining or improving their infrastructure. We see a breakdown in transportation infrastructure and affordable housing in many high growth metropolitan areas in the U.S.
Secondly, everybody wants a clean environment, clean, abundant and low-cost energy. The Smart city movement represents a strategy to meet the needs of people for a high quality of life.\xa0 Technology will play a central role in how cities deliver high-quality services, support easy access to business and commercial areas, promote government communications, and provide for community engagement.