12 Oct The technology powering smart societies
What is a smart society?
“Smart society” is a concept we use to describe a future where people will use technology to solve problems and support better living for everyone. It is not the same for everyone as it depends on the particular needs of each country.
For Germany is based on industrial automation, while in Japan is focused on the integration of the physical and digital space to support an aging society and unlock radical innovation in the Japanese industry.
Singapore is one of the most advanced Smart countries and their vision of the future is “one where people are empowered by technology to lead meaningful and fulfilled lives”.
Why is tech innovation accelerating?
In the past five years, technology innovation has accelerated its pace. Thanks to enablers that produced a decrease in the cost of computing, smart components such as cameras and sensors, and better network, data processing, and storage tools that support collaborative work. This enabled new use cases that just two years ago, required the computing power and resources of a small University.
Today, we are witnessing a progressive democratization of access to advanced technology and knowledge worldwide.