‘Everyone wins’ with Smart Cities Project Activator, a new Smart Cities Council and Tr3Dent collaboration that accelerates project scoping and financing.
Washington, DC June 28th, 2018 — At the Enterprise Ireland IoT & Smart Cities Forum this week the Smart Cities Council and Tr3Dent announced their agreement to launch Smart Cities Project Activator, a powerful combination of the Smart Cities Council’s widely adopted and successful Readiness Program (RP) and a customized version of Tr3Dent’s Transformation Accelerator Platform. The effort is designed to help cities bring their smart cities projects to life more quickly, accelerating the benefits to their communities with innovative financing.
Smart Cities Project Activator allows cities, solution providers and investors to collaborate in a shared project-modeling environment. Unique dashboards will allow all stakeholders to quickly see the status of projects and provide consistent views for quick assessment and review. Cities can cut the time it takes to reach stakeholder agreement by up to 30 percent while more efficiently and accurately scoping their projects to attract the right solution providers and secure innovative financing.
The Smart Cities Project Activator, which will become part of the Smart Cities Council’s proven Readiness Program later this year, will help cities overcome the hurdle of documenting their requirements and prioritizing their needs. There is great need as the global market for smart cities solutions is growing 20 percent annually and is forecast to reach USD 2.57 trillion by 2025.
The Smart Cities Council Readiness Program has been widely adopted by cities worldwide and includes a collection of city resources, the opportunity to participate in challenges, local readiness workshops, a defined readiness roadmap, project scoping processes, assistance with financing and access to skilled readiness ambassadors. Nearly a third of U.S. cities with populations of 100,000 or more have participated in the Smart Cities Council Readiness Challenges. In the past three years, the Council conducted more than 60 readiness workshops in metro areas that reached a total of more than 200 million residents.
"Tr3Dent’s Smart Cities Project Activator is a unique and innovative platform that will enhance cities bring their smart cities projects to life and Enterprise Ireland is pleased to support the company’s expansion into the US market,” said Cameron Lilly, Enterprise Ireland’s SVP of Technology and Financial Services. “Working with the Smart Cities Council represents an exciting opportunity for Tr3Dent’s growth and we’re thrilled to be a part of the company’s success.”
“We are very excited to be announcing this strategic collaboration today and trust that by combining our proven Readiness Program with the intuitive, secure and collaborative platform created by Tr3Dent we will see greater momentum in cities who currently struggle to agree, prioritize, scope and finance their Smart City initiatives,” said Philip Bane, Managing Director of the Smart Cities Council. “Our plan is to assist cities accelerate project scoping and secure financing more effectively and quicker. Since this offering is free to cities that participate in our Readiness Challenges – our motto is ‘Everyone Wins.’”
Tr3Dent’s Transformation Accelerator will be customized to provide a single platform to contain all the content associated with the Smart City Council’s Readiness Program. It will provide access to all stakeholders and facilitate collaboration by providing a consistent guided approach that leverages industry standards, documented best practices and pre-defined templates for each step in the process.
“Cities and their project stakeholders such as other ecosystem partners, investors and solution providers, will all be able to take advantage of tools like business model canvases, ecosystem diagrams, partner models and unique project dashboards designed specifically to align with the Smart City Council’s Readiness Program,” said Kevin McCaffrey, CEO and Founder, Tr3Dent. “Furthermore, all participants will access Smart City Council and other industry standards and best practices thus creating a common vision and vocabulary for everyone on the project team.”
Accessing the Smart City Project Activator as a City or an Investor
Participate in a Challenge - The Council is providing free access to the Smart Cities Project Activator to cities that participate in its Readiness Challenges. The annual challenge for North American cities will be launched this fall (2018); challenges for cities in Europe, Africa and Latin America are in the planning stage. Cities can sign up to receive information about upcoming Readiness Challenges.
Accelerate Projects with Innovative Financing - Cities anywhere in the world interested in using the Smart Cities Project Activator for project acceleration and assistance in accessing financing can express interest here.
Investors - Interested investors seeking to invest in smart city projects can express their interest here.
About the Smart Cities Council
The Smart Cities Council envisions a world where digital technology has been harnessed to improve livability, workability and sustainability. A leader in smart city education, it has worked with cities and states that are collectively home to more than 200 million people, including Austin, Dallas, Indianapolis, Illinois, Jaipur, Miami, New Delhi, Orlando, Philadelphia, Sydney and many others. Visit www.smartcitiescouncil.com and follow on Twitter @smartccouncil.
Tr3Dent is the provider of the industry’s leading business ecosystem modeling platform for achieving successful enterprise digital transformations. Leveraging the company’s expertise in visualization technology, Tr3Dent’s software platform enables cross-organizational productivity and collaboration while simplifying the organization, design and management of the complex information required to enable successful digital transformations in the enterprise. Founded in 2014 and based in Galway, Ireland, Tr3Dent serves more than 100 enterprises around the world in management and IT consulting, high technology, telecommunications, Smart Cities and Internet of Things (IoT), and utilities, among other industries. Visit www.tr3dent.com and follow on Twitter @tr3dent.
About Enterprise Ireland
Enterprise Ireland is the Irish State agency that works with Irish enterprises to help them start, grow, innovate and win export sales in global markets. Enterprise Ireland partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Ireland’s international trade, innovation, leadership and competitiveness. In this way, we support sustainable economic growth and regional development, and help create and sustain employment in Ireland.
Smart Cities Council
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