target audience: TECH SUPPLIER  Publication date: Jun 2024 - Document type: Market Perspective - Doc  Document number: # US52092424

New Industry Ecosystems for Smart Places and the Built Environment: Insights from an Executive Interview with Prof. Peter Madden, OBE

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  • Louisa Barker Loading
  • Joe Dignan Loading

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Abstract


The IDC Market Perspective discusses the evolution of the smart places and built-environment market through an interview with Prof. Peter Madden, OBE. The interview focuses on digitization in the built environment; the need for reform in the planning system; the evolving partner ecosystem; the evolution and impact of AI, GenAI, and digital twins; and the need to shift toward outcome-driven projects and promote shared values and standards. This IDC Market Perspective provides technology vendors and service providers with insights into key market trends and partnership opportunities.

"Creating a digital layer in the built environment and places demands innovative ecosystems and a shift towards holistic outcome-driven projects," said Louisa Barker, senior research manager, IDC EMEA Government Insights.



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