The Australian Smart Communities Association and the Australian Government have partnered to deliver a series of Future Ready webinars to kick-start communities’ digital transformation journeys.
Future Ready is a smart cities incubator series that sits alongside the Smart Cities and Suburbs Program. It uses collaboration, connection and co-learning to grow smart city capability. We’ll explore smart city case studies from global leaders, share the tips and the tricks of digital success, investigate new business models, and talk citizen-centric design.
This series will bring together local government, industry, research organisations and innovators from across Australia, encouraging knowledge sharing, new partnerships and active learning. Each webinar will be recorded and made available in a series of videos on this page.
'Thanks for running the Future Ready webinar today. Sergio’s presentation was ‘on point’, and I look forward to applying some of the frameworks and processes discussed in the Alice Springs context.' - Isabelle Collins, Policy Officer, Regional Network Group, Department of the Chief Minister, Northern Territory Government of Australia
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Australia Future Ready Webinar - Smart City: The Master Plan, A Public & Private Partnership
1. Smart City: The Master Plan
A Public & Private Partnership
Sergio A. Fernández de Córdova
Public Private Partnerships Smart City Expert
Investor, Entrepreneur, Innovating Governments
www.linkedin.com/in/sergionyc/ @sfdecordova
2. “By 2050, 66 percent of the world’s population is projected to
be urban ..... sustainable development challenges will be
increasingly concentrated in cities. Technology must be
implemented to ensure cities obtain sustainable growth"
UN World Urbanization Prospect
3. A Smart City is:
A developed urban area that creates sustainable
economic development and high quality of life
by excelling in multiple key areas; economy,
mobility, environment, people, living, and
government. Excelling in these key areas can be
done so through strong human capital, social
capital, and/or ICT infrastructure.
4. Are we Being “Smart”?
A significant proportion of cities are being labelled as ‘smart’ which generally
means that the city authority has a strategic approach to the integration of data
and digital technologies for meeting the key challenges associated with the urban
environment and its development.
5. Credit: 2016 Trends In Smart City Development, NLC: National League of Cities, USA
6. Managing
Smart City
Development
• Implementation speed within legal framework
• Finding an effective and adaptive model
• Integrated development
• Innovation management
• Identifying funding mechanism
• Community engagement + Support
10. • Solar panels
• lighting, bus shelters, large scale
• Smart energy metering
• Energy management
• Water mitigation
• Waste management
• OOH
• Digital Adv
• Beacons
• Digital PSAs
• IoT
• Bikes
• Ferry's
• Food carts
• Sponsorship
• Public transportation
• Shared Peer-to-Peer Parking
• on and off-street
• Bikes
• eBikes
• Microtransit
• Electric vehicles
• Smart Taxi meters
• Parking sensory
• IoT
• Electric bus systems
• Smart bus routing
• Intermodality
• Public Wifi
• Fiber
• IoT
• Fiberless
• Small Cell
• Macro Cell
• Way finding kiosks
• Wifi Beacons
• Movable hotspots
• Water fountains
• Smart metering
• Public water fountain purification
• Big belly
• Green rooftops, swales and gardens
• Waste management metering and routing
• Smart cooling systems
• Pedestrian traffic management
• News stands
• Benches
• Bus shelters
• Payphones
• Wayfinding
• Lighting
• Traffic signals
11. Smart City
Evolution into
a global Smart City
Cities, just like private sector businesses, face
competition from one another every day.
Today’s cities are constantly competing for
more innovation, new jobs, new corporate
headquarters and increased citizen
satisfaction and services to attract commerce
- all of which allow cities to achieve
additional revenues from rising property
values and a deeper tax base. Cities that
recognize the need to integrate new
technologies into existing infrastructures will
successfully separate themselves from the
competition. The challenges these forward-
thinking cities face include: the enormous
scale, technological complexity and
continuous costs associated with such
projects.
12. Developing the Master Plan
Smart infrastructure
Through delivering a connected core of IOT infrastructure we will bring the physical
world to life, turning City into a smarter, faster and more resilient environment.
Cloud analytics
By connecting government datasets stuck in siloes and integrating an IOT platform we
can create a brain that will evolve city management. With powerful analytics, and
Artificial Intelligence chat-bots that adapt and improve, we will harness data to unlock
new levels of efficient city life.
Community and Government symbiosis
By helping citizens use and discover local government services and by helping local
government learn about citizen needs, we are building the bridge for a smart civic
society.
Keep it simple, avoid pitfalls.
13. Dimensions
of a
Smart City
Working alongside the City as
partners, transforming the urban
landscape we must recognize both
near-term and long-term trends in
municipal innovation,
communications, information and
developing technology that
unlocks real value; enhancing the
livability of the City and spurring
economic development.
14. We believe, that in order to evolve the Smart City
future, we must take into consideration long term
funding options so that when the Design, Build,
Operate and Transfer aspect of this partnership
evolves, there is a financing mechanism that allows
the City to carry on the smart infrastructure
developed, without the burden of new technology
or replacing infrastructure –
15. Smart City
Bond Issuance
• Capital raise for the project that will be funded either through the
municipal markets or through private placement. Metrics on the
smart city bond will be matched with predicted cash flow from the
smart city project and timing will align with the ability for the project
to fund the smart city bond upon maturity.
• Aspects of the issuance to be determined in each smart city bond
issuance:
• Further understanding of each State Charter for each municipal
smart city bond issuance and how the metrics of the proposed
smart city bond raise fits within the parameters laid out in the
Charter
• Fully vetted legal opinion on all smart city bond issuance to
meet criteria for all parties.
• Full understanding of additional liens on any of the proposed
cash flows and how the liens may affect the cash flows for the
smart city bond issuance.
• Depending on the ability to issue within the municipal market or the
private placement market, we along with our banking partners
determine and put in place the proper procedures and teams for
issuance. Once the capital raise is determined, the smart city bonds
get issued, and distributed through our banking network and our
investment banking partner manages the administration for all cash
flows.