Actors Cooperation Analysis : A Techo-economic Study on Smart City Paradigm

Abstract: Modern cities must overcome complex challenges to achieve socio-economic development and to improve the quality of life as the urban population is rapidly increasing. The concept of smart citie s is a response to these challenges. Thus, emerging technologies that are key enablers for the development of a smart city are said to be IoT and 5G. To deploy such technologies , however, may be expensive and requires the involvement of multiple actors. Hence, lack of cooperation and coordination for planning, financing, deploying and managing the city’s operational networks makes it even more difficult to overcome such challenges. Further, waste management companies and parking services operators in a city have expensive operation costs and services inefficiency due to little utilization of IoT-based solutions. This paper identifies and analyzes smart city ecosyst e ms, value networks, actors, actor’s roles, and business models in order to illustrate business relationships and provide business opportunities in the development of smart and sustainable cities through cooperation and collaboration among involved actors . Target actors that this study focuse s are on Mobile Network Operators, Parking Services Operators, and Waste Management Companies, and uses smart parking and smart waste collection as use-cases. Results show several cooperative business scenarios that can lead to successful business relationships and opportunities.