Innovation Ecosystems 2025

Page 38 of 52 · WEF_Innovation_Ecosystems_2025.pdf

loT sensors The extent to which innovation districts consider IoT sensor technology depends on the character, purpose and types of innovation clusters they seek to attract. Sensors enable data collection at a scale and granularity to enable smart city and smart building technologies, such as predictive maintenance and automated decision-making. Considerations for selecting an IoT sensor- supporting network include range, sensor power consumption, data rates and volumes (for low bandwidth), as well as computer vision, video applications and data security (for high bandwidth). As the planning stage provides only a partial view of IoT requirements for tenants, digital master planning approaches often have to estimate fixed connectivity requirements that will later accommodate these needs.  Edge computing  New autonomous, ultra time-sensitive urban service models, industrial automation, and applications in activities such as healthcare are increasingly reliant on ultra-low-latency data transmission. Edge computing helps maintain security and privacy by reducing the amount of data carried over networks and reducing bandwidth requirements. Distributed infrastructure can also enhance user experience in latency-sensitive smart city applications. Operational technology Broader operational technology is a foundational element for innovation districts, bridging the gap between information technology and industrial systems. A mix of hardware and software, operational technology is used to monitor and control physical systems from energy and transport systems to a host of IoT applications. It therefore plays a pivotal role in encouraging secure collaboration between ecosystem partners and enabling the piloting of new products and services. The degree to which an innovation district considers edge computing and operational technology will depend on its proposed activities and required return on investment for distributed computing infrastructure.  Collaborative ecosystem approach Michigan Central (see Innovation District Spotlight 1) amply demonstrates the power of a collaborative ecosystem approach. One of North America’s most comprehensive urban mobility testbeds, Michigan Central draws on Detroit’s automotive heritage to advance the next generation of technologies that will shape the future of mobility and transportation. The 30-acre innovation hub features a Transportation Innovation Zone for mobility testing and a three-mile Advanced Aerial Innovation Region for air technology testing. In addition, Michigan Central’s venture platform and key ecosystem partner, NewLab, offers sophisticated, collaborative innovation environments with world-class prototyping and fabrication facilities. Newlab also provides a team of experts to help bring products and technologies to life. This ecosystem approach is particularly effective in Detroit’s mobility-focused innovation landscape, where automotive expertise is converging with autonomy and connectivity technologies. Innovation Ecosystems: A Toolkit of Principles and Best Practice 38
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