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VentureFest 2017 Roundup

by Heat Recruitment

On the 3rd of February, we took attended the launch of VentureFest for Bristol and Bath. At the launch we explored the future of Smart Cities and how we can influence this with Heat.

Key facts from the event:

  • “By 2020, there will be 30billion connected devices” – Sandra Baer, Personal Cities
  • “By 2050, we’ll have to build 1 new city to house 1m people every 5 days” – Peter Clough, Osborne Clarke
  • “Smart City definition: It needs to be aligned; know its own character; be inclusive; be tech enabled; be resilient; and be economically vibrant” – Sandra Baer, Personal Cities
  • “Businesses need to drive value for cities; by making cities more liveable, sustainable and poised for future growth by unlocking the power of data” – Ian Meikle, Innovate UK

Digital technologies are always evolving and this will play a key part to the Smart Cities that we want to see.

The EU driven UIA initiative looks to provide urban authorities with new space and new resources to allow them to drive projects forward. They outlined 5 bullet points of what the projects should be:

  • Innovative
  • Good Quality
  • Design and implemented with key stakeholders involved
  • Results oriented
  • Transferable

They also called for projects to be focused on:

  • Integration of migrants and refugees
  • Circular economy
  • Sustainable urban mobility

Overall, the event gave us a great insight into what Smart Cities could entail and how we could achieve this together, driving forward technology. We are on course to make the world a smarter place, but only if we all chip in and contribute.

As the way we interact with our locations and living environments fundamentally changes, via digitalisation and a new perspectives on sustainability, so will other aspects of our lives.

As employees or employers, how could transportation and commuting be redefined by how our cities are planned?

Will business growth be adapted based on increasingly local factors? How can our businesses be optimised even further based on data aligned to the regional economy we’re in? And how can we connect with people and businesses based on the relationships and skills by making our cities even m ore liveable?