Page 275 - Big Data Analytics for Connected Vehicles and Smart Cities

256 Big Data Analytics for Connected Vehicles and Smart Cities Benefit and Cost Estimation For Smart City Transportation Services 257

Table 11.24
Smart City Transportation Service Cost Summary
Annual Life-
Smart City Transportation Service Cost Summary Cycle Cost
Asset and maintenance management $5,183,571
Connected vehicle $145,547,227
Connected, involved citizens $12,964,286
Integrated electronic payment $36,332,842
Smart grid, roadway electrification and electric vehicle $144,597,981
Smart land use $14,360,686
Transportation management $13,913,643
Traveler information $16,314,286
Urban automation $268,600,049
Urban delivery and logistics $15,380,667
User-focused mobility $55,428,571
Direct benefit services total $728,623,810
Cost contingency of 10% $72,862,381
Direct benefit services total with contingency of 10% $801,486,191
Intelligent sensor–based infrastructure $34,557,143
Low-cost efficient, secure, and resilient ICT $59,000,000
Urban analytics $4,380,000
Strategic business models and partnering $2,347,210
Transportation governance $2,347,210
Indirect benefit services or enablers total $102,631,562
Cost contingency of 10% $10,263,156
Indirect benefit services or enablers total with contingency of $112,894,718
10%
Cost of enablers as a proportion of total 14%

for specific uses within factories, educational establishments, and healthcare
facilities. The cost of the hardware and software for smart land-use planning
central is related to the total number of vehicles within the smart city, assum-
ing that each vehicle will add $10 USD to the cost of the central hardware and
software, as a scale factor. The movement analytics subsystem hardware and
software has been costed in the same manner, using $10 USD per person using
the system, as the scale factor. For smart factories, smart education, and smart
healthcare, it is assumed that every facility adds $50,000 USD to the cost of the
overall system, and this is used as a scale factor.
The transportation management system is comprised of a smart city
transportation center that encompasses all modes, a traffic management center,
a traffic signal management center, and a transit management center. It has
been assumed that none of these centers currently exist, and the cost of estab-
lishing them has been built-in to the overall cost. The smart city transportation