Hear from our award-winning top 40 CEO Michael Jansen who delivered 17x to shareholders on his last venture with Sequoia Capital as Cityzenith target $150m in recurring revenue from over 100 cities by 2027.
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Six months after the initiative’s launch, Cityzenith is now onboarding high-profile cities including Las Vegas, Phoenix and Los Angeles - providing them with their own Digital Twin platform to prioritise and achieve decarbonization through analysis on buildings and infrastructure, maximise savings and improve efficiency.
A report by ABI Research says the cost benefits alone could be worth $280bn by 2030 by using Digital Twins for more efficient urban planning - according to Ernst & Young, Digital Twin technology is also able to reduce carbon emissions by 50-100%, improve productivity by 20% and cut operating costs by 35%.
Markets & Markets estimates that the Digital Twin market will grow from $3.1 billion in 2020 to $48.2 billion per year by 2026, at an annual CAGR of 58%, with Cityzenith named as a major player in this high growth tech sector. McKinsey predict that the market for carbon credits could be worth upward of $50 billion in 2030, with demand for carbon credits set to grow 15-fold between 2021 and 2030.
The company is currently only accepting investment from institutional and accredited investors as we move in the direction of strategic investment as the company continues to grow and target new investment goals in this dynamic, high-growth tech market set to profit from the new US Climate Bill worth $200bn.
Register below for our latest webinar series and stay up-to-date with the company's progress