Singapore and China have teamed up on the development of smart cities opening up new opportunities for local enterprises.
Singapore and China have signed a memorandum of understanding (MOU) for a new smart city twinning initiative that also opens several opportunities for communications industries to collaborate in various sectors including intelligent transport, smart education and smart environment management.
A new market research report by MarketsandMarkets estimates that the market for vehicle analytics will grow from US$1124.1 million in 2017 to US$3637.4 million by 2022, at a Compound Annual Growth Rate (CAGR) of 26.5 per cent.
According to the report, the major driving factor for this market remains advances in technologies, such as machine learning, artificial intelligence (AI) and predictive maintenance to enhance fleet management, as well as increasing use of real-time data collected from sensors and
ITS America is providing an opportunity at this year's ITS World Congress for start-up ventures to shine on an international stage. Sponsored by Fontinalis Partners and Econolite Group, Transportation for Tomorrow: Investors and Inventors will bring together premier financial and strategic investment groups and young and dynamic companies and entrepreneurs that possess cutting-edge ideas in sustainability, safety, and mobility in transportation.
Questions and completed business plan s should be submitte
