Innovation and disruptive (IoT) technology keys to smart cities of the future
Nice smart cities/IoT use case with measurable ROI mentioned:
One of the most immediate and visible benefits [of IoT data capture and analysis] is traffic management, alleviating traffic jams and snarl-ups. With 8,000 traffic lights, 2,300 junctions, 11,000 taxis and 5,000 buses, Hangzhou city was enduring chaotic traffic when it launched it's first smart city initiative in 2016 "to make life easier and more convenient for citizens". Through "intelligent deployment of all available real-time traffic data", including GPS and sensors revealing traffic status, traffic light control is now adjusted to optimise efficiency....and as a result has "made every junction smarter" and "improved daily transportation for everyone" - with overall traffic movement accelerated by 11%.