Author: IOT News Asia

The Internet of Things (IoT) is growing exponentially in value and size, and while the industry is still nascent in Asia, the growth potential is meteoric. IoT uptake in the Asia-Pacific (APAC) region is expected to grow extensively. From 3.1 billion connected devices in 2015, APAC is set to boast 8.6 billion connected devices by 2020, bringing Asia’s IoT market opportunity to US$583 billion, according to IDC. The organization expects to see APAC to be “the frontline for IoT” in four years or less. Several events and conferences are set to take place in Asia in the months to come.…

Every week, we bring you the latest, and most important, IoT News from Asia and around the world. This week, Fintech fans descended on Hong Kong for Fintech Week. Artificial Intelligence was a big theme on days 4 and 5 – there were discussions around AI being all hype, regulation of the technologies and how machines might be better than people for a lot of financial applications. The big question was, will China become the world leader in AI by 2030? Let us know what you think! Here’s what else has been happening… In general: AI and Internet of Things will…

The Smart City vision for Hong Kong has been further crystalised at Hong Kong Science Park, as Hong Kong Science and Technology Parks Corporation (HKSTP) unveiled more forward-looking smart city initiatives using Science Park as a test bed and a living lab. A number of highlight smart city innovations were showcased on 7 and 8 September 2017 as HKSTP hosted another round of the well-received APAC Innovation Summit 2017 (AIS) on Smart City. Within Science Park’s optimal controlled environment, notable progress is being made in the research and development of various smart city technologies in the areas of mobility, cashless transactions, food industry automation…

Uniti, Sweden’s new electric car, successfully launched an equity crowdfunding campaign on their own website today. Uniti’s unique crowdfunding video takes the viewer on a tour through the company’s headquarter in the south of Sweden and sheds light on the impressive achievements of the young company. “Working openly with our wide support network of collaborators and major companies from around the world has prepared us for the milestones ahead,” says founder and CEO Lewis Horne. The video includes appearances of prominent figures such as the CEO of KUKA Robotics Nordics, renowned climate change academic Michael Molitor, and representatives from British…

The Urban Land Institute (ULI) Asia Pacific and global think tank FGRT (Fung Global Retail & Technology) are collaborating on a series of educational conferences and panels in the region, culminating with ULI’s Asia Pacific Summit in June 2018. The partnership is part of a wide-ranging initiative to showcase the future of retail real estate, encourage greater integration of technology in shopping centers and provide a platform where industry professionals can learn and share about retail and technology. The initiative will arrange open forums in Hong Kong, and with the same topics repeated with different panelists in other cities in the…

The Internet of Things (IoT) connects machines and devices to one another. IoT can help all industries become more efficient, productive and safer.