The Smart Streets Project is part of the Technology Strategy Boards (TSB) Internet of Things ecosystem demonstrator.
The Internet of Things – the trend for environments and objects to become more connected and to have more information associated with them – has the potential to stimulate large scale investment, create jobs and bring substantial economic growth. The number of connected objects is estimated to reach 50 billion by 2020, and the potential added value of services using the Internet of Things is likely to be counted in hundreds of billions of pounds a year, with new business models, applications and services across different sectors of the economy.
The TSB have asked consortia to develop Internet of Things clusters. The clusters can be described as real-world scenarios, which include stakeholders with problems to be solved, application developers, owners of data streams from physical ‘things’ and technology businesses who can make this data available and usable via open information hubs
The Smart Streets Project focuses on creating a Hub for Highways maintenance which is a £3.9 billion industry using large IT systems with low-levels of data accessibility, interoperability and innovation.
The Smart Streets Cluster aims to radically change this by fostering a new ecosystem of small and large players around an open hub that aggregates data from an unprecedented consortium of major players, including three of the UK’s largest infrastructure service companies and includes a wide variety of highways assets across the UK.