NYHAVN
To handle the challenges of
launch the world’s first marketplace
urbanisation and climate change,
for city data, City Data Exchange.
Copenhagen has also powered
This data provides information
ahead as a smart city front-runner.
about traffic patterns, citizen’s
More than 250 companies, includ-
energy consumption and more,
ing IT giants Cisco and Hitachi, have
which companies and startups can
embarked on smart city activities in
buy to develop smart city solutions.
the capital and the city already has
Copenhagen’s investments in the
smart lighting and smart traffic man-
bustling smart city sector are
agement systems in place. On top
undoubtedly paying off. In 2014, the
of this, Copenhagen also has a pio-
capital won the World Smart Cities
neering Smart Grid sector, with
Award for its Copenhagen Connect-
more than 30% of all EU Smart Grid
ing Project. By using insight from
R&D projects having taken place
wireless data in cell phones, GPS in
in Denmark in recent years.
buses, and sensors in sewers and
Copenhagen presents a unique
bins, businesses and startups alike
opportunity for smart city innova-
are leading the city in a greener
tion. Two years ago, the city worked
direction, helping it reduce conges-
with Japanese firm Hitachi to
tion, air pollution and CO2 emissions. e u r o p e . b u s i n e s s c h i e f. c o m
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