For more than a decade, local and national governments around the world are investing in “smart” initiatives – digital, intelligent, innovative & sustainable. Two major trends have been driving this development since the late 20th century: urbanization and digitalization. People are increasingly moving into bigger cities, looking for better infrastructures, education, well-paid jobs and overall higher living standards. An estimated seventy percent of the world population will be living in big cities by 2050 (OECD Environmental Outlook to 2050, 2012). Not only cities need to ensure they can accommodate and adequately provide for all these additional citizens, but they need to actively compete for attracting businesses & a qualified workforce to foster sustainable economic growth.