Technology has driven us to an era where the physical and digital worlds are finally connecting in a smart way.
Rarely had you seen different stakeholders such as sensor manufacturers, crypto traders and machine learning programmers come together under the same roof, sharing the same vision and showing a real disposition to collaborate.
A new industrial revolution is taking place. The fourth one, in case you wondered how many others came and went under our noses.
Industrial Revolution 4.0 is not one thing. It is more of a combination of technologies and processes aiming for more efficient, transparent and decentralised production.
This is the key word to understand 4.0: decentralisation.
According to the book Smart Cities: Governing, Modelling and Analysing the Transition, there seems to be a rush among major urban areas in the world to follow the pattern set by places like Vancouver, Kyoto, San Francisco or Amsterdam. The tag “Smart City” appears to be used and abused by an increasing number of population centres nowadays.
Which begs the question: if you don’t live in a Smart City, do you live in a Dumb City?
A recent report in Spanish by real estate firm Savills Aguirre Newman highlighted the growth of the property market in Malaga, Spain.
This is the province where Urbytus is based and where most of our users live.