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Smart cities are not easy fixes for struggling businesses

Smart cities are a good buzzword for any business, as the term evokes optimism for future investment, and the possibilities of future technologies. Yet, there’s the real risk that businesses could latch onto the idea of a ‘smart city’ in an attempt to get the go ahead on projects that would otherwise be laughed out of the boardroom. Nokia has been suffering in the last decade, as a result of not successfully predicting future trends in desired technologies, notoriously rejecting the concept of the smartphone in its infancy. Since then, it has lost a lot of ground to Huawei, as both it and its traditional networking infrastructure rival Ericsson have struggled to counter Huawei’s advance. However, Nokia has recently shown…

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