Conclusion, Opportunities and Challenges

Abstract

Smart and economic development of Stuttgart region is greatly dependent on adding innovation and improving governance structure. Concept of urban manufacturing with ultra-efficient production processes, understanding of diverse economic value models and its implications are some of the key aspects which lead to sustainable development. Use of visualizations techniques supported by communication management in development of urban areas is another innovative approach which is studied in this framework. Enormous opportunities are present and of course challenges are foreseen to create conditions conducive to the scaling and extension of the most promising smart city approaches.