How to enhance a city’s livability, workability and sustainability?
January 23, 2017
Recently Adjuno participated in The Connected City Conference held at PMQ, Central in Hong Kong. The conference was co-hosted by KPMG and the SCC (Smart City Consortium), as part of the week-long StartmeupHK Festival. It was an action-packed full day event of talks and panel discussions attended by industry leaders, government representatives and entrepreneurs from all around the globe. The conference focused on a common theme of using technology as a tool to enhance a city’s “livability, workability and sustainability”. Furthermore the panel discussions covered the insightful discussions around the growing IoT ecosystem.
The conference was an ideal platform for Adjuno to meet with industry thought leaders, entrepreneurs and to understand the new trends in Internet of Things (IoT), which closely aligns with our product development roadmap.
If you missed it, below is a snapshot of some of the key takeaways from the panel discussions and talks covered during the conference.
There are 5 mega trends – challenges that are transforming our world such as:
- Digitalization – By 2020, the digital universe will reach 44 zettabytes – a 10-fold increase from 2013
- Urbanization – By 2050, 70 percent of world’s population will live in cities – up from 54% in 2014
- Demographic change – the earth’s population will increase from 7.3 billion people today to 9.6 billion in 2050, average life expectancy will be 83 years
- Globalisation – The volume of world trade nearly doubled between 2000 and 2014
- Climate change – According to scientists, in the summer of 2016 Earth’s atmosphere had the highest CO2 concentration in 800,000 years
- There is a great paradigm shift from physical devices to mobile platform, connectivity and big data algorithms.
- “Deep Learning” is beyond Artificial Intelligence (AI).
- “Digitization” is a great enabler to do more with less.
- While enhancing your city to become a smart city with connected devices, focus should be on the needs of people and not pushing the limits with fancy features just for the sake of having them.
- There are various smart IoT solutions like the Smart Logistics Solution which will enable safe logistics by providing data and reports on environmental abnormality and adding IoT sensors onto containers which will transmit the data.
- There is a move by the Singapore government to rollout a ‘big data sand box’ this year. It will help find new ways in which data can be resourced, which the government can then use to create smarter policies.
- Songdo is a new “Ubiquitous City”, or a smart city built on reclaimed land. What is “Ubiquitous” is the technology e.g. computers are built into the buildings and streets. Songdo IBD residents can reliably video-conference with their neighbors, or attend educational classes remotely.
- Blockchain is cryptographically secure (applied technology to create transactions that are impervious to fraud and establishes a shared truth), decentralized (no one participant can tamper with the database), smart contract (Ethereum blockchain can store both data and logic in block chain), immutable ledger (records an immutable record of every transaction that occurs)
To conclude, there were also additional speakers and panel discussions, which discussed and shared their views about; smart logistics, enabling technology for a better Hong Kong, the IoT ecosystem in Hong Kong, connecting the dots and supporting the next generation of tech entrepreneurs.
It will now be interesting to see how the IoT industry will move forward in order to thrive. Technology will play a key role in the building of a connected city, but it’s not an end game for technology. It will act as a must-have tool to enhance a city’s livability, workability and sustainability.
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