What is a Smart City? Definition from WhatIs.com.

A smart city is a municipality that uses information and communication technologies (ICT) to increase operational efficiency, share information with the public and improve both the quality of government services and citizen welfare. While the exact definition varies, the overarching mission of a smart city is to optimize city functions and drive economic growth while improving quality of life for its citizens using smart technology and data analysis. Value is given to the smart city based on what they choose to do with the technology, not just how much technology they may have. Several major characteristics are used to determine a city's smartness. A smart city's success depends on its ability to form a strong relationship between the government -- including its bureaucracy and regulations -- and the private sector.