The market volume of the Internet of Things (IoT) industry has reached $70 billion on a global scale and a year-on-year rise of 21%in 2016, according to Luo Wen, vice minister of China’s Ministry of Industry and Information Technology, when he addressed a speech in WIOT Wuxi Summit on the morning of Sept. 10.
The booming Internet of Things (IoT) industry in China has been nurturing emerging companies with various applications. International companies are also eyeing the profitable cake.
After acquired Alcatel-Lucent in 2016, Nokia, the former mobile phone giant, is now transiting to a world-top network equipment provider.
“We are an enabler of the IoT,” said Mike Wang, president of Nokia Shanghai Bell, “as we provide equipment and solutions to the whole process of the IoT, from sensor, linking system, to the application products.”
Nokia Shanghai Bell has brought its latest technologies to the IoT Application and Production Exhibition, which is a part of the World Internet of Things Exposition (WIOT). And Wang was invited to speak at the Intelligent Transportation and Internet of Vehicles Summit Forum on Sept. 11.
“In our IoT platform, there are over 150 million sensor terminals, covering a wide range of areas including smart city, smart home, digital health and intellectual manufacturing.”
As a crucial part of the smart city scheme, the internet of vehicles is one of the focuses of Nokia Shanghai Bell’s IoT blueprint.
“In the area of pilotless automobile, we have developed the Mobile Edge Computing (MEC) technology based on 4G network, which could shorten the react time delay of a vehicle to 5 milliseconds. Thus safety and time-efficiency of driving would be enhanced greatly.”
The technology of pilotless automobile is going mature, according to Mike Wang. In Helsinki, where the headquarters of Nokia locates, the pilotless buses have already hit the road. “We are in contact with local governments in China, hoping to fix the relevant stands as early as possible.”
More international companies are bringing their successful experience to China. Hewlett Packard Enterprise (HPE) has rich experience in cross-country projects.
“We have multiple deployments in Japan, US, Mexico, Italy and India.” said Kapil Raval, vice president of HPE.
“Our direction is to take the solutions to our customers in all countries, so we are training our engineers as well as marketing and sales staff, making sure that every country is able to convey the same message in a consistent manner.”
The same is expected to happen in China. HPE is in conversations with Chinese governments and companies in the area of smart city. The company is also running a training course at HPE university, which they have brought to the exhibition this year.
“I’m seeing a lot of interest from people in China to come to this HPE university and learn about the different solutions we offer. We are getting good response from China.”
