Get All Access for $5/mo

Can You Guess the 'Smartest' City in the World? By 'smartest,' we mean most digitally connected and efficient.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

Pixabay
Passeig de Gracia in Barcelona, Spain.

Barcelona has long bragged about the athletic prowess of its football (soccer) club, but now it can also brag about being the smartest city in the world.

Smartest, in this context, meaning boasting the most efficient, technologically connected infrastructure. Being able to collect and analyze data from buildings, roads and bridges ostensibly allows officials more efficient processes and distribution of resources.

Related: The Internet of Things Will Have Arrived When You Don't Even Notice It's There

After Barcelona, the smartest cities in the world are New York, London, Nice and Singapore, according to a new report, released today from U.K.-based intelligence firm Juniper Research. The rankings were determined by measuring how advanced each city is in using smart electricity grids, traffic management tools and street lighting.

Related: Why U.S. Innovation Needs China to Achieve the Next Technology Mega-Trend

In addition to preventing traffic jams and unnecessary roadblocks, having a "smart' city means natural resources are used more efficiently, and ergo, fewer of them are used. If "smart' initiatives continue on current trajectories, they will result in $10.7 billion worth of savings per year by 2019, according to the report. That's the equivalent of 130 million barrels of oil being used each year.

For London and New York to catch up with Barcelona in their "smart' ranking, they need to focus more on the technologies that help the environment, and conserve natural resources, according to the report.

Related: Furniture Made by Bacteria? This Futuristic Design Firm Says It Will Happen.

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Marketing

Are Your Business's Local Listings Accurate and Up-to-Date? Here Are the Consequences You Could Face If Not.

Why accurate local listings are crucial for business success — and how to avoid the pitfalls of outdated information.

Money & Finance

Day Traders Often Ignore This One Topic At Their Peril

Boring things — like taxes — can sometimes be highly profitable.

Productivity

Want to Be More Productive Than Ever? Treat Your Personal Life Like a Work Project.

It pays to emphasize efficiency and efficacy when managing personal time.

Business News

'Passing By Wide Margins': Elon Musk Celebrates His 'Guaranteed Win' of the Highest Pay Package in U.S. Corporate History

Musk's Tesla pay package is almost 140 times higher than the annual pay of other high-performing CEOs.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Starting a Business

I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the Way

Board meetings were traded for barnyards as a thriving new venture hatched.