As part of its continuous exploration into the Internet of Things, multinational networking company Cisco has partnered with AGT International to develop smart traffic systems for cities around the world.
The traffic system would be IoT-enabled, featuring pavement sensors, licence plate readers, video cameras and an active social media feed. Along with offering real-time response to traffic accidents, the system will also collect and analyze traffic accident data, offering a comprehensive report.
Cities are gradually implementing the Internet of Things into their infrastructure, creating smarter and more efficient systems. As Cisco's Wim Elfrink says, "...Cities are the epicenter of the Internet of Everything, where people, things, data and processes can be connected to deliver new and amazing value."
Smart Traffic Systems
Cisco Edges into the Internet of Things with a Connected Traffic System
Trend Themes
1. Smart Traffic Systems - The implementation of smart traffic systems is a trend that is gaining momentum in cities globally, providing opportunities for innovation in traffic management and data analysis.
2. Iot-enabled Infrastructure - The proliferation of the Internet of Things is leading to the development of IoT-enabled infrastructure projects, changing the way cities and municipalities manage their systems and data.
3. Real-time Data Analysis - The trend towards real-time data analysis in smart traffic systems is leading to more efficient traffic management and helping to reduce accidents.
Industry Implications
1. Networking - Networking companies like Cisco are at the forefront of developing smart traffic systems, offering opportunities for innovation and growth in this industry.
2. Smart City Infrastructure - As cities continue to invest in smart infrastructure projects, opportunities arise for companies specializing in IoT-enabled technology like AGT International.
3. Data Analytics - With the increasing prevalence of smart traffic systems and real-time data analysis, the data analytics industry has a significant opportunity to provide valuable insights for traffic management and accident prevention.