The National League of Cities defines a smart city as “one that has developed technological infrastructure that enables it to collect, aggregate and analyse real-time data to improve the lives of its residents.”
With 68 percent of the global population expected to live in urban areas by 2050, new smart city strategies are perfectly aligned to accommodate this massive demographic shift. These strategies include fusing geographic sensor data with business information and transforming domain knowledge and customer workflows into connected and digital-first ecosystems that power citizen services.
Ultimately, this creates a smarter digital reality that drives all operational efforts, and helps cities to quickly sense, decide and act as they grow.
Golden Saint Technologies (LON:GST) builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 28 years. GST’s strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors – Data Centres, Intelligent Buildings, Smart Cities and the Internet of Things – and particularly targeting emerging markets where the demand for ICT infrastructure is rapidly increasing.