Global: Smart city technologies could save USD 5bn per annum6.12.2017 Global: Smart city technologies could save USD 5bn per annum
Datamation, 06 Dec 2017, online:-
Smart city technologies such as artificial intelligence (AI), data analytics, Internet of Things (IoT) and automation can save businesses, governments and inhabitants over USD 5tn (EUR 4.18tn) per annum by 2022, according to a new study by ABI Research. Businesses located within smart mega cities could save USD 14bn annually via the implementation of drones, smart factories, autonomous trucks, as well as energy-efficient methods to deliver services and transport goods. Similarly, low-maintenance street lighting, smart buildings and other efficiency-enhancing systems could save governments USD 4.95bn per annum. Residents of smart mega cities could also save USD 26.69bn via educational systems that combine online and physical solutions, micro-grids, smart meters, as well as other upgrades to critical infrastructure.
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