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As smart cities evolve, how utilities can take a leadership role

A recent research report estimates the global market for smart cities will reach US$3.5 billion by the year 2026. A number of companies, from communication services and technology platform providers to device and software manufacturers, are all jockeying for a piece of this smart cities pie.

Each of these players provides something cities can leverage to achieve sustainable economic growth and meet the needs of their growing populations. But they don’t offer what utilities can:

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