Cities host 72% of the EU population and are Europe’s economic engine, contributing to two thirds of its GDP. As centres of economic activity, employment and innovation, cities have a vital role to play when it comes to promoting smart, sustainable and inclusive growth and tackling economic, environmental and social challenges.
The revolutionary potential of emerging technologies, such as Artificial Intelligence, data analytics, Internet of Things, blockchain offers to cities unprecedented opportunities for innovative business models, new market creation and addressing societal challenges, climate change, resource efficiency and a circular economy.
The European Commission with the Digital Cities Challenge initiative is helping over 40 European cities to reap the benefits of advanced technologies, develop comprehensive strategies and thriving ecosystems and achieve smart and sustainable growth. Launched in October 2017, the initiative offers policy advisory services, mentoring and coaching opportunities, while the cities share a network of collaboration, knowledge sharing and peer learning.
Source Digital Cities Challenge and 2019.digitallytransformyourregion.eu