The IoT is a network of hundreds of devices that can communicate with each other. AI and ML functions in the IoT can help the network process information received from various connected gadgets. In addition, the data is sent to the user or used to determine further actions, such as adjusting the device, etc.
According to IDC (International Data Corporation USA) statistics, the global market value of the IoT will reach $8.9 trillion by 2020. By 2013-2020, the annual composite growth rate of IoT facilities will be as high as 17.5%. There will be more than 50 billion intelligent networking devices in the world, so the IoT is regarded as the biggest technological business opportunity after the mobile Internet. Among them, Smart City is one of the most important applications.
With the help of the IoT, digital technology and big data, Smart City is committed to improving people's lives.
Both developed countries and developing countries in the world are devote their technology into every aspect of the daily operation of some of their cities. With the help of Internet of Things technology, the functions of hydraulic management, power supply, sanitation, urban transportation, solid waste management, e-government, IT connection and public transport system are being modernized.
For example, by using data sharing and analysis, artificial intelligence and, of course, thousands of sensors, municipal corporations can save operating costs and maximize the efficiency of existing assets.
All kinds of Smart City functions, including electronic road signs, street lighting, intelligent traffic lights, waste management equipment, intelligent parking system and other equipment, can work more efficiently if they are connected to the 4G and 5G mobile network. Therefore, secure 5G network is undoubtedly the good news of power supply equipment based on cloud Internet of Things. China, India, the United Kingdom and the United States, as well as South Korea and Japan are conducting 5G network experiments.
(Translate from ZhiChengShiHuiShengGuo WeChat APP)