According to Frost and Sullivan’s smart cities report, the global market is forecast to be worth a staggering $1.56 trillion (€1.43 trillion) by 2025. This perhaps comes as no surprise given the continuous rise in the number of smart cities being ‘created’ world-wide, from Amsterdam, Dublin and Peterborough, to Dubai, Taipei and New York City.
Device and application security provider Trustonic reports that Casio has selected Trustonic Secured Platform (TSP) to bring additional security and trust to its next-generation flagship wearable.
“Yes,” says Kari Terho, director and head of Smart Factory of Elisa Smart Factory. Here he explains how his team has boosted the battery cell production yield by 16% with Predictive Quality Analytics at eLab, the electromobility research centere in the University of Aachen in Germany.
On a near-daily basis, the world in 2019 can remind you of the line Jeff Goldblum’s character Dr. Grant had in Jurassic Park.
“Your scientists were so preoccupied with whether or not they could, they didn’t stop to think if they should.”
Once a dream, home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.
For consumers, the growth of the Internet of Things (IoT) means more and more objects in their home are now linked to the internet, and are potentially at risk of cyberattacks, or of revealing personal data in privacy breaches.
Consumer demand for IoT devices is growing rapidly as they look to make the most of connectivity and the smart home. However, the increase in IoT devices also increases the number of security vulnerabilities and creates challenges for communication service providers (CSPs) and consumers alike around control of the smart home.
The digital twin concept and the urban modelling paradigm, more generally, are transforming how cities are designed, monitored, and managed.
The UK government is moving forward with its plans to create regulation for IoT devices. The move follows a broad global trend to try and lock down the burgeoning but insecure world of the IoT, says Mike Nelson, vice president of IoT Security at DigiCert.
In part one of this blog we discussed about the practical and economic benefits of smart city and smart technology. In the second part and the last part of the blog Harikrishna Kundariya co-founder, director of eSparkBiz Technologies explains, the Environmental benefits of smart city and technology.
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