Edmonton Good Cities Plan Celebrated by Proptech Consultants

Two panelists at a recent Ontario-based Proptech conference convincingly argued that smart cities are more than the sum of their parts, with Edmonton cited as a prime example of how enlightened smart city policy engages a wide range of attendees.

Roopesh Patel, Director of IoT at Rogers for Business, and Shkya Ghanbarian, Vice President of Business Development at Eddy Solutions, moderated a webinar entitled Intelligent Infrastructure for an Intelligent World. The meeting took place as part of the IoT PropTech Summit, which took place earlier this month.

A central premise of the discussion was that smart buildings are the cornerstone of a successful smart city. In order to build a smart city, it is important to create the appropriate framework, said Patel.

“Now I’m looking at frameworks,” he said. “I came across the Smart City Edmonton framework. For me it was a holistic framework that involved working with private organizations, residents and technology partners to break down and use data and technology.

“You also need to include policy development. You have guidelines and you need to adapt to these new innovative changes that are on the way. “

Edmonton’s Smart City Strategy was developed under former Mayor Don Iveson and defined a Smart City not just as a technology.

The plan has won several awards.

“When a smart city is built right, it offers different value to different stakeholders,” said Patel.

“Officials say, ‘Hey, how do I digitize my city business so people can search for records and apply for permits online?’ And then, from the point of view of the citizens, the two most important points are interesting: “How can I get around more efficiently in my city? How do we use technology to curb crime? ‘

“If you take a step back, everyone’s opinion on smart cities is correct.”

Patel said a true smart city would have smart manufacturing, smart government, open data, mobility, smart digital citizens, a smart energy grid, and smart buildings and transportation. These elements create a framework in which participants come together to develop partnerships, collect and secure data, and make data-driven decisions to improve residents’ lives.

From the developer’s point of view, according to Patel, the autonomous smart building is the “secret sauce” for building a smart city. It quickly becomes apparent that the future belongs to structures with multiple sensor networks connected via the Internet of Things.

Smart, sustainable infrastructure can help improve energy and resource efficiency and facilitate the transition to renewable energy and decentralized power generation while ensuring a resilient and reliable power supply, argued Patel.

Developers responding to insurers’ demands are reducing risk with proptech, primarily to address water, theft, fire and carbon threats. The smarter a building and a city, the safer it is in terms of risk.

“These technologies, once considered revolutionary, are becoming the norm in today’s leading buildings,” says Ghanbarian, citing software that manages power reduction, maximizes building security, and integrates intelligent sensors for lighting and water as very much in demand.

“When it comes to all stakeholders and commercial apartment buildings, everyone wins, from end users and tenants to property managers, asset managers and insurers, along the value chain.”

The value propositions are about creating a smarter environment that will help owners avoid losses and resident evictions, business interruptions and unnecessary spending, Ghanbarian said.

“They always say water is the new fire because of the statistics and the frequency of claims,” ​​she noted. “Water damage makes up almost 60 percent of all property damage and 71 percent of all property damage built up in dollars, and from a residential perspective, it also accounts for around 50 percent of damage to homes. So this represents the greatest and most persistent risks for the assets of operators, owners, insurers and residents. “

Buildings with enough smart technology can attract more residents, Patel said, and they’re more valuable assets.

“From the developer’s point of view, they can ask for a premium when they sell the developments because they have integrated intelligent technologies that make the lives of residents and employees easier and more productive.”

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