CompTIA, the nonprofit association for the technology industry, led a discussion at this week’s Smart Cities Innovation Summit in Austin, Texas, on the role of government policymakers in advancing smart cities and the Internet of Things.
Tim Herbert, CompTIA’s senior vice president for research and market intelligence, was a panelist for the session. David Logsdon, senior director of public advocacy, moderated.
“We’ve entered a new renaissance, as accelerated technological development is exponentially transforming our civilization,” Logsdon said. “Smart technologies, processes and operations are the cogs of smart cities and the Internet of Things.”
In a recent CompTIA survey of 500-plus U.S. businesses and government entities, among respondents familiar with the Internet of Things, 52 percent believe it is already starting to have an impact in their industry sector. Another 29 percent believe the impact will start to be felt over the next one to two years.
“The Internet of Things continues to gain traction as a top-of-mind issue for businesses of all types,” Herbert said. “They envision a number of benefits, led by costs savings from new operational efficiencies and improving decision making by gaining access to new and better streams of data.”
“But they’re also wary of the impact of policy and regulatory actions related to the Internet of Things,” Herbert continued. “The potential cost of compliance with regulations and concern over ‘questionable’ new regulations taking hold are their biggest worries.”
As the Internet of Things moves from concept to reality, questions surrounding the government’s role in this emerging market become more pressing. Security, privacy, spectrum, standards, commerce and public-private partnerships are some of the challenges that must be addressed, whether in a private sector setting or as part of a smart city project.
“It’s incumbent on leaders at the federal and state levels to accelerate a ‘smart’ path that will enhance livability, workability, sustainability, resiliency, competitiveness, and inclusiveness,” said Logsdon.
The 2016 Smart Cities Innovation Summit brought together over 200 cities and their respective leadership to prospect and partner with innovative technology and service providers; linking progressive cities with state-of-the-art solutions and best practices. – PRNewswire.