The widespread application of Internet of Things technology, new broadband mobile networks, cloudy computing, and other new information technologies on the Internet has promoted the development of “smart cities.” The essence of the “smart city” is to make full use of advanced information technology to realize the intelligent management and operation of the city, thereby creating a better life for the urban people and realizing the harmonious and sustainable development of the city. This article is aimed at studying the innovation of intelligent enterprise management models in the context of smart cities. This article first analyzes and briefly describes the theoretical knowledge of the “smart city” and the current domestic development, then proposes the technology of data warehouses, and finally uses the multiple linear regression formula for analysis. The experimental results of this paper show that in the context of smart cities, the intelligent management model of enterprises has played an important role in the development of enterprises, which is 51.7% faster than the traditional model, and the accuracy is as high as 92.3%.