Originally published on May 21, 2018 by Yaniv Golan on Medium
Today, roughly 50% of the global population lives in urban areas and 1.5 million new people are migrating to cities every week. This rapid urbanization places pressure on local municipalities to improve everything from healthcare & transportation to education, economic development, and safety. Despite clear incentives and growing budgets for municipalities to improve citizen quality of life, municipal executives lack technology, data, and software to help them make decisions, measure progress, and collaborate effectively. With Smart City spending expected to grow to $2.57t by 2025, we think the time has come for municipalities to move the pilot process from paper and excel to a purpose-built software platform.
Enter UrbanLeap, a Silicon Valley based start-up led by CEO Arik Bronshtein & CTO Erez Druk. In just a few short months, Arik & Erez spoke with more than 100 municipal decision makers and brought their SaaS platform from concept to revenue, embodying the lean start-up ethos, and demonstrating blazing fast speed. With UrbanLeap, municipalities can efficiently prioritize proposals, plan, contract, track, and evaluate new solutions to their challenges. These capabilities enable cities to bring their citizens an increasing number of benefits, with the same resources. As Louis Stewart, CIO of Sacramento, puts it — “By partnering with UrbanLeap, we estimate a 10x expansion in the city’s innovation capacity.”
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