Moscow has moved up three places in the Z/Yen Smart Centres Index

Moscow has moved up three places in the Z/Yen Smart Cities Index and took 44th place. Sydney, Bangkok, Melbourne and Milan became Moscow's neighbors in the rating, which evaluates the approach of megalopolises to innovation and technology implementation. New York, London and Singapore are leading in the ranking.

“Moscow is actively introducing Smart City concept into city life. The capital is developing a system of smart transport, accessible Internet, more than 370 city online services operate. The smart city system helps all city resources to function as efficiently as possible, which improves the quality of life of Muscovites. In terms of digitalization and technology development, Moscow is successfully competing with the world's leading megacities in various international ratings,” said Vladimir Efimov, Deputy Mayor of Moscow for Economic Policy and Property and Land Relations.

In particular, Moscow's achievements in these areas were previously highlighted by the fDi IntelligenceTech Cities of the Future, Tholons Services Globalization Index, and IMD Smart City Index, he added.

The Z/Yen Smart Centers Index was released for the second time in December 2020. It analyzed 131 cities in the world, where 51 cities were included in the final study, which received at least 10 ratings from experts in the process of an online survey. The index was calculated based on 126 statistical and index indicators, as well as expert assessments, which were then combined into three categories: Innovation Support, in which Moscow ranks 45th, Creative Intensity - 42nd place, Delivery Capability - 40th place, Kirill Purtov, Minister of the Moscow Government, Head of the Department for Economic Policy and City Development.

The number of experts rated Moscow in the second survey increased by 33%, almost half of the respondents were from Western Europe.

“Digitalization is one of the main factors in the development of megacities around the world. The competitiveness of a city largely depends on how widely technologies are being introduced into all spheres of city life, how quickly the information infrastructure is developing, and how successful urban innovation support ecosystems are. Moscow is developing digital technologies at a faster pace, and this is clearly illustrated by the advancement in international rankings and victories in industry competitions,” emphasized Eduard Lysenko, Minister of the Moscow Government, Head of the Information Technology Department.

According to the Analytical Center of Moscow, Z/Yen provides financial consulting services and is best known for its biannual rating of global financial centers. Moscow in it from 2017 to 2020 rose up by 27 places - up to 62 lines.