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GS Technologies

How 5G will power smart cities of the future

Imagine a city where autonomous vehicles communicate with traffic lights and on-the-ground sensors to clear traffic jams.

A 10-per-cent drop in commuter travel time could increase productivity that would boost GDP by $270-million in Vancouver and $535-million in Montreal, according to a study for the Canadian Wireless and Telecommunications Association (CWTA).

Or imagine a city where firefighters can arrive at the scene of a fire without waiting to track down building plans. Instead, they navigate through the structure using real-time virtual reality (VR) technology that cuts through the smoke and flames.

GS Technologies Ltd (LON:GST), through its subsidiary, EMS Wiring Systems Pte. Ltd, provides services in the “Smart Building” sector. Smart Building is a diverse term that refers to the technological capabilities of buildings and other work place facilities.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.