The world’s 1st IoT complexes led by Korean government to be materialized

According to a recent announcement by the Ministry of Science, ICT and Future Planning and the National IT Industry Promotion Agency (NIPA), two complexes of Internet of Things (IoT) will be constructed in Korea for the first time in the world. The so-called ‘Smart Service’ is expected to be realized in some cities of Korea from the second half of this year.

The-world’s-1st-IoT-complexes In these complexes, business processes can be connected to the Internet, beyond connections between equipment and person and between equipment and equipment.

The candidate locations discussed for the plan are now in four cities – Bukchon (traditional culture) in Seoul; Centum City in Haeundae, Busan; Songdo in Incheon; and Healthcare Complex in Daegu. Korean government will select two among the four candidate places by March, introducing service in the second half through preparations including platform construction. The government has already arranged budget worth 12.5 billion won ($11.5 million) for the realization of the complexes.

The-world’s-1st-IoT-complexes_1 A spokesperson of the ministry noted, “The purpose of the IoT complexes, which have been pursued this time, is to identify profitable services by integrating public information with technologies from the private sector,” adding, “We are considering to offer developer tools, which are easy to develop, for private companies to lead in the global market.” Korean government selected home appliances, home, vehicles, education, distribution, industrial safety and energy as fields for new industrialization of IoT. | Blog Magazine of korean electronics, brands and Goods

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