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Smart city revenues skyrocket; core problems remain

Shanghai city network technology

A new research report predicts that annual revenues from smart city projects will grow to nearly $89 billion by 2025. However, it found most smart city initiatives are focusing on solving peripheral issues, with few big projects tackling core city problems.

Navigant’s “Smart Cities” report, annual smart city revenue is expected to grow to $88.7 billion worldwide by 2025 from $36.8 billion in 2016.

“During the next two years, the adoption of smart city solutions is expected accelerate as the spread of the Internet of Things provides further momentum,” said the release.

“As city leaders around the world continue to commit to smart city objectives to meet social, economic, and environmental challenges, national governments are also encouraging cities to become centers of innovation and drivers of sustainable growth.”

Revenues driven from five key areas

The report examined growth of the smart market with a focus on five key industries that include government, buildings, energy, mobility and water. The study complied profiles of high profile smart city projects in regions throughout the world, comparing different smart city approaches.

The report found that smart city strategies are focusing increasingly on climate adaption and resilience. As well, they were putting more resources into improving the cities’ relevance to its citizens in their daily lives.

However, the report found that despite a proliferation of pilot programs and grand visions for the future, there were few ambitious smart city projects actively addressing the big issues in urban environments around the world. Specifically, the report identified a dearth of financially sound, large-scale smart projects that are attempting to solve core city issues that are holding back the evolution of future cities and how we live in them.

“Today, city leaders and suppliers are recognizing that there needs to be a more clear and timely route to the broader deployment of proven technologies and solutions,” said Navigant research director Eric Woods. “The question is how to establish the right business models and deployment strategies to enable this expansion.”

The post Smart city revenues skyrocket; core problems remain appeared first on ReadWrite.

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SEO Brand Named Top Search Engine Optimization Service by topseos.com for July 2016 – EIN News (press release)

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Highway ban squeezes lanes for China’s self-driving car industry

traffic at night, shanghai china.

In a potential setback for China’s accelerating autonomous vehicle industry, the government has banned such cars from testing on the nation’s highways.

A Bloomberg report via Motortrend that revealed Chinese automobile regulators decided to block self-driving cars from undergoing tests on public highways.

The report found that Chinese auto authorities are collaborating with police to develop regulations around the testing of self-driving cars on the country’s main roads. Indeed a preliminary draft of regulations has already been developed by the industry.

However, there is no time frame for when the new regulations will be ready according to China’s top functionary at the Ministry of Industry and Information Technology, She Weizhen. Until that unspecified date, autonomous cars must stay out of circulation on China’s busiest thoroughfares.

China driven to self-driving

Though the ministry said work on the new regulations are well underway, any delay for the industry could stall momentum in China’s heretofore hard-charging autonomous vehicle industry.

In particular, the moratorium on highway testing of self-driving cars on the highways will hurt research that incorporates data on real-world driving habits and traffic conditions.

The decision by the Chinese government to limit testing follows negative reaction to a fatal accident this spring in the U.S. involving a Tesla car driving in autopilot mode. As a result of the fatality the American National Highway Traffic Safety Administration opened an investigation that exposes autonomous vehicles to unwelcome skepticism.

As reported earlier by ReadWrite, China was well ahead of regulatory curve regarding autonomous vehicle testing from a global perspective. The government had stated that they aimed to implement regulations that are standardized across the entire country. It said that these rules would pave the way for autonomous vehicles that will appear on China’s highways in three to five years, and then in Chinese cities by 2025.

The unified regulatory approach was seen as giving China a significant advantage over countries like the U.S. which suffers from a disjointed patchwork of state standards and laws for self-driving cars.

And a huge amount is riding on competition for dominance in the market for autonomous vehicle development and production. The Chinese government has signalled that much of the country’s industrial recovery is dependent on pivoting its traditional manufacturing industries to innovative sectors like autonomous vehicles.

China’s Premier Li Keqiang recently announced his country is seeking new growth in emerging technology like the Internet of Things (IoT) and self-driving vehicles.

The post Highway ban squeezes lanes for China’s self-driving car industry appeared first on ReadWrite.

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Navigant four-fold sensor market growth through 2025

hand holding mobile phone with analyzing graph against office buildings with sun

According to a new report from Navigant, the revenue from wireless sensors is estimated to increase from $188.2 million in 2016 to $745.2 million by 2025.

As operational technologies and information meet, sensors have begun to play an important role in directing smart building solutions that can offer insight through data-driven tools.

Wireless connectivity improves these sensor abilities by providing an easy connection to larger networks that can raise the amount of connected devices and allow more control over building systems.

See Also: Could smart cities improve indoor air quality with home sensors?

Navigant Research recently published the new report that studies the world market in regards to advanced wireless sensors, including information on how drivers and barriers for smart building development can affect the market. Also found in the report are revenue forecasts that are divided by customer type and region, up to the year 2025.

“The growing popularity of wireless systems is attributed to factors, including flexibility, lifecycle cost, changing demands, and the expectations of occupants and facility managers,” states Christina Jung, a research associate with Navigant Research. “Wireless sensors amplify the benefits of intelligent building solutions because of the ease of connectivity, and they present a strong business case for retrofit projects over wired systems due to labor and wiring costs.”

Navigant sees control upside driving growth

According to the report, wireless sensors allow for better control over building systems while avoiding many of the problems faced by running standard cabling to support communications and power. Buildings with large turnover rates, frequent space changes, or retrofit work would greatly benefit from wireless sensors deployment, due to the simplicity in relocating sensors.

The report, Wireless Sensors for Commercial Buildings, explains that due to the fact that intelligent building is reliant on creating a data-rich environment, sensors play a vital role in facilitating these solutions.  Sensors can collect, communicate, and can even analyze energy and operational information.

The answer is to allow useful information to direct fundamental changes in operations that result in energy efficiency improvements with reduced cost. Also important, is wireless connectivity, which can offer more flexibility for sensors and increase the benefits of smart building solutions.

The post Navigant four-fold sensor market growth through 2025 appeared first on ReadWrite.

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Intel pivot to IoT produces lackluster growth

Santa Clara, USA - March 26, 2012: Intel headquarters in silicon vallye. Intel Corporation is a portmanteau of Integrated Electronics. It is the inventor of the x86 series of CPU, the processors can be found in most personal computers.

Intel’s restructuring towards a focus on Internet of Things (IoT) and cloud-based businesses delivered disappointing growth this quarter.

As reported by Computer Weekly, the U.S. microchip behemoth posted profits that were down 51% this quarter compared to the same period last year.

The poor results were blamed on $1.4 billion in restructuring costs as Intel refocuses on businesses linked to IoT and cloud computing. This follows the announcement in the first quarter of 2016 to cut 12,000 employees, or 11% of its worldwide workforce, as part of the strategic reorientation.

Though growth figures were glum, Intel CEO Brian Krzanich noted that Q2 revenues matched the company’s outlook and profitability was better than forecast. Intel posted revenues of $13.5 billion, which is an increase of 3% from a year ago.

“Our restructuring initiative to accelerate Intel’s transformation is solidly on track,” said Krzanich. “We are gaining momentum heading into the second half.”

The restructuring is projected to produce $750 million in cash savings this year and $1.4 billion in annual savings beginning in 2017.

Intel also lagging on data centers

However, for this quarter Intel did not hit growth targets for microchip sales destined for data centers. These sales were meant to compensate for a slowing trend in sales of personal computers and their requisite components.

Revenues for data centers rose only 5% to $4 billion, which was less than half the growth of last year and less than analysts’ estimates of $4.16 billion. Meanwhile IoT revenues were $572 million, an increase of just 2% compared to the same period last year.

Nonetheless, Intel brass remained optimistic that the restructuring will produce the desired results sooner or later. “While we remain cautious on the PC market, we are forecasting growth in 2016 built on strength in data centers, the Internet of Things and programmable solutions,” said Krzanich.

Specifically, Intel is betting that corporate clients will buy its new datacenter chips which will be launched later this year. The microprocessors are based on Intel’s Broadwell micro-architecture and are aimed at the enterprise market.

This follows other moves by Intel to move further into such realms as autonomous vehicles and machine learning.

The post Intel pivot to IoT produces lackluster growth appeared first on ReadWrite.

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SEO Brand Named Best Search Engine Optimization Company by topseos.com for July 2016 – EIN News (press release)

SEO Brand Named Best Search Engine Optimization Company by topseos.com for July 2016
EIN News (press release)
/EINPresswire.com/ — NAPLES, FL–(Marketwired – July 23, 2016) – topseos.com has named SEO Brand the best search engine optimization firm for July 2016. SEO Brand was selected due to their effective performance in the genuine evaluation process.

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How Important Is Off-Page Optimization in SEO? – Tech.Co – Tech.Co


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How Important Is Off-Page Optimization in SEO? – Tech.Co
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Backlinks are one of the most important factors for off page optimization in SEO; a high number of quality backlinks is closely tied to higher rankings.

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Search in Pics: Google ring toss, real Google fiber & framed Google search box

In this week’s Search In Pictures, here are the latest images culled from the web, showing what people eat at the search engine companies, how they play, who they meet, where they speak, what toys they have and more. A huge Google Malaysia search box all framed in: Source: Twitter Google ring…

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Is your HTTPS setup causing SEO issues?

Although Google has stated that sites using HTTPS will be given a minor rankings boost, many websites have experienced losses due to improper implementation. Columnist Tony Edward discusses common issues and how to fix them.

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