On Wednesday, PwC released a report that ranked global cities on how well they are positioned to adopt new technologies. Here are the results.
If you're looking to find which cities in the world are best positioned to embrace new technology, a new report by PwC Russia provides some answers. "The Future is Coming: Cities Readiness Rating," released on Wednesday, surveyed 1,500 people in ten major global cities—Barcelona, Hong Kong, London, Moscow, New York, Shanghai, Singapore, Sydney, Tokyo and Toronto—to discover how global cities stacked up in their ability to adopt new technology.
The survey analyzed how ready cities are to adopt technology-driven solutions across sectors from education to security to healthcare. And the ability to innovate was gauged across several variables, according to the report: "technology readiness (presence of basic infrastructure); the strategies and regulations that support the adoption and use of new infrastructure; the availability of finished prototypes; and the social readiness of citizens to use new technologies."
To assess how ready a city was to embrace innovation, respondents were given two options for questions—"one option implied the use of advanced/future technologies in various dimensions, while the second option involved traditional practices, approaches and solutions," according to a press release.
Here are the top five most "tech-ready" cities, according to the report:
1. Singapore (62%)
2. London (59%)
3. Shanghai (55%)
4. New York (53%)
5. Moscow (53%)
So why is this important? Cities are responsible for the lion's share of the earth's energy consumption, waste output, and greenhouse gas emissions, Subhash Patil, partner and head of the government and public sector consulting services team for PwC in India, said in a press release.
"We're entering an era where executives and creatives have an unprecedented opportunity to live in the best cities, and those urban centers planning for the future will benefit greatly," Dirk Ahlborn, CEO of Hyperloop Transportation Technologies, wrote in the release.
The report also highlighted a few areas of innovation. In terms of embracing new tech in daily life, London (42%) and Toronto (41%) came in at the bottom. When gauging innovation in culture and tourism, Barcelona (78%), Shanghai (78%) and Singapore (72%), took the lead. In readiness to integrate autonomous transportation, London (72%) was at the top. And in terms of digital economy infrastructure, Singapore (75%) came in first—likely due to its adoption and investment of tech in educational settings.
"Clearly, cities need to innovate solutions which will drive human civilisation to a sustainable future," Patil said in the release. "PwC's 'Cities Readiness Index' tells us about what is done right in which global city and gives us benchmarks on core health parameters of a city."
The 3 big takeaways for TechRepublic readers
- On Wednesday, PwC Russia released a report on the "tech-readiness" of ten cities. Singapore, London (59%), Shanghai (55%), New York (53%) and Moscow (53%) came in at the top.
- When it came to embracing new tech in daily life, London (42%) and Toronto (41%) came in at the bottom.
- Singapore (75%) came in at No. 1 in terms of digital economy infrastructure.
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