Facing urban challenges – Tungsram smart city action plan

Thumbnail Image
Lados, Mihály
Pongrácz, Ferenc
Journal Title
Journal ISSN
Volume Title
Szegedi Tudományegyetem Gazdaságtudományi Kar
Closed to three-quarters of Europeans live in cities today, and by the growth of the population worldwide, this ratio is ever increasing. The accelerated speed of urbanization poses unprecedented challenges on people, cities, and the environment. Sustainability became a key global objective since Rio via Tokyo until Paris Agreement. The United Nations prepared an agenda for a better and more sustainable future for all. The 17 Goals are related to global challenges such as climate change, poverty, and the effects of urbanization. Over the last decade, various Smart City approaches have emerged among the government, non-profit sectors, and industries to use Information and Communication Technology as a tool to manage these challenges and to improve the quality of life for their citizens. At the same time, Industry 4.0, the digitalization of industries, has diffused across the world, setting the scene for a new stage of innovation yet keeping the competitiveness of business players. Tungsram, a multinational corporation headquartered in Hungary, has refocused its mission and stood up to expand its product portfolio by including Smart City solutions. Tungsram Edge focuses on three major Smart City offerings: indoor farming, efficient buildings, and Smart Solutions. Indoor farming (AgriTech), a science-based approach to agriculture, uses the latest research to establish precision indoor farming facilities. Efficient buildings (PropTech) has come to life to support the universal goal of reducing cities’ ecological footprint. Each smart solution has a direct or indirect effect on several objectives of the Sustainable Development Goals of the United Nations. The first part of the paper identifies the key contemporary challenges of cities and industries and the evolution and links of Smart City and Industry 4.0 approaches. The second part of the paper is a case study of a multinational company headquartered in Hungary entering into these processes by building a Smart City Action Plan and by developing key smart products (Smart City portfolio) to react to and to provide solutions for urban challenges.
okos városok , okos városok - Magyarország , Tungsram
Kosztopulosz, Andreász; Kuruczleki, Éva (szerk.) The Challenges of Analyzing Social and Economic Processes in the 21st Century Szeged : Szegedi Tudományegyetem Gazdaságtudományi Kar, 2020 pp. 63-83.