Various cities around the world are taking that connectivity to the next level. They’re addressing some long-standing development issues by examining the potential of smart cities. In fact, estimates are that more than $41 trillion will be invested in the Internet of Things (IoT) tools and platforms to modernize cities around the world. Smart cities are at the forefront of the next wave of the Internet of Things. The goals are to streamline communication and improve the lives of citizens. And save a little money along the way.