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Golden Saint Technologies

How Smart Cities Will Be Transformed by 5G Technology

Smart city technology is already beginning to make an important impact, especially in severely congested cities that must prioritize solutions for public safety, pollution, and parking. In 2018, a fire at a fitness club in the South Korean city of Jecheon killed 29 people – a disaster partially blamed on illegally parked cars blocking access to emergency vehicles.

Smart technology can present solutions that not only advance a city’s communications but help prevent these types of tragedies. Battery-operated, low-maintenance parking sensors, for example, can be wirelessly connected to gateways that collect data and communicate with remote servers, triggering instantaneous alerts for parking infractions.

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.

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