Internet of Things + Smart City = Business Opportunities

April 19, 2017

Image courtesy of www.visitaarhus.com

 

It is no doubt that there are many business opportunities for companies to invest in Smart cities. Aarhus is one of the leading smart cities in Denmark. The municipality of Aarhus has installed a new Internet of Things (IoT) network to increase efficiency and provide a platform for creating new services and solutions. The network makes it possible to send small amounts of data over long distances, and the technology used requires very little power. For example, the sensors provide alerts or initiate “corrective actions" in municipal systems.

 

There is a number of challenges that the municipality can solve by means of digitally-connected IoT devices. This includes getting early warnings from the district heating system when a pipe ruptures, measuring road temperature, which can help to efficiently plan for winter maintenance, salting, snow clearance and so forth. All these data can be made freely as Open Data, so that others can utilize it. That means there will be demand for new IoT technology that does not already exist. A demand, which can help to develop new products with domestic and international sales potential.

 

It is in this regard that Internet Week Denmark has organized a workshop that will explore how IoT and Smart City creates opportunities for companies. The workshop will be held on Wednesday 19th April 2017 in Aarhus and our Partner, Neelabh Singh will be in the speaker lineup that includes Bo Fristed, Lasses Vestergaard, Kim Stannov Søvsø among others. During the workshop, some of the ideas that are already in the field will be presented. Additionally, there will be discussions around the use of the new IoT-network. The municipality of Aarhus will also be presenting their plans and the support they will be providing towards business development.

 

Quercus Group helps cities and municipalities around the world in the process of co-creating integrated smart city solutions. In doing so we continously develope relationships with domestic and international stakeholders and creating innovative platforms, such as the Smart City World Labs, for collaboration with foreign cities and regions. Contact Bettina Fjældhøj at bettina@quercus-group.com for more information.

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