Gartner Research

Tapping India's Smart City Opportunity Requires a Long-Term Strategy and Innovative Revenue Models

Published: 16 September 2016

ID: G00315770

Analyst(s): Vishal Tripathi, Ganesh Ramamoorthy

Summary

Lack of both a framework-based approach and a viable revenue model are stalling large-scale smart city projects in India. To succeed, technology product management leaders of smart city products and services must focus on a long-term, consultative approach and innovative revenue models.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • The lack of a holistic, framework-based approach to smart city development in India will lead to technology product management leaders of smart city solution providers looking to create new value-added services
  • Dismal investments in large smart city projects will force technology product management leaders of smart city solution providers to focus on smaller projects
  • The limitation of government funding for IT-oriented smart city projects will force technology product management leaders of smart city solution providers to investigate innovative revenue models to ensure return on investment

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