ACM Partners With Gorilla & NC Digy for Smart City Development
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AECOM ACM entered into a strategic partnership with Gorilla Technology Group Inc. (GRRR) and NC Digy Smart Cities to advance smart cities in Latin America and the United States. The collaboration aims to implement advanced technologies to improve urban infrastructure and enhance the quality of life in these regions.
The smart cities market in Latin America is rapidly expanding, while the United States is preparing for a new phase of urban development. The initiative marks a major advancement in smart city infrastructure, targeting one of the largest growth opportunities in the Western Hemisphere. It is expected to drive significant growth over the next 30-50 years.
Paving the Way for Smart Cities in Latin America
Latin America is experiencing rapid urbanization as cities seek to improve efficiency, sustainability and safety. The smart city market in the region is projected to expand significantly on the back of government initiatives, a growing urban population and a demand for sustainable solutions.
Gorilla, in partnership with NC Digy Smart Cities, AECOM and local partner Protactics, aims to leverage this growth by introducing advanced security solutions tailored for Latin American cities. This collaboration will deliver a wide range of services, including enhanced surveillance, AI-driven analytics and secure data management systems. AECOM’s expertise in infrastructure consulting will ensure the smooth deployment of these technologies, aligning them with best practices in urban planning.
Innovating Smart Urban Solutions in the United States
In the United States, smart cities are becoming a key focus in urban development. Cities aim to modernize infrastructure and improve residents' quality of life, leading to a surge in demand for innovative technologies. The partnership will primarily market Gorilla Technology's advanced AI and cybersecurity solutions tailored for smart city applications. These solutions include surveillance, access control and emergency response systems — essential for ensuring safety in urban areas. This collaboration is positioned to significantly impact the transformation of cities across the United States by addressing the security challenges of smart city projects.
ACM’s Stock Performance
The company’s shares have moved up 25% in the past three months compared with the Zacks Engineering - R and D Services industry’s 18.2% growth. Ongoing contract wins are expected to boost prospects further. Global infrastructure spending trends remain strong, providing more opportunities for AECOM’s continued expansion.
