A report from Navigant Research examines the strategy and execution of 16 leading smart city suppliers, including vendor profiles, ratings, and rankings, with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the growing global smart city market.

“Cities are seeking partners and suppliers to collaborate on ambitious programs for sustainability, innovation in public services, and economic development that depend on significant technology investments” says Eric Woods, research director with Navigant Research. “The leading players in this market not only have the capacity to provide leadership on large-scale projects spanning multiple city requirements, but they are delivering smart infrastructure, IT, and communications solutions to cities, supporting cities across multiple operational and infrastructure issues, and have established a global presence.”

The leaders in the market, according to the report, are IBM and Cisco, which are ranked the highest in terms of strategy and execution and are continuing to build on their early leadership in the market. IBM combines a pragmatic approach to city engagement with its development of smart city platform solutions, while Cisco’s partner network provides an important source of innovation in the market.