The development trend of smart cities is not only a simple buzzword, but also means that after experiencing a wave of enthusiasm in 2018, there will be a series of hopeful intelligent developments and continuous growth in 2019.
According to analysis of Internet of Things, the Smart City project is the largest IoT market segment, driven by collectively hundreds of smart city initiatives of global suppliers and governments. IDC has predicted that by 2020, more than 30% of smart city projects will be tested in small cities with less than 200,000 residents.
According to iScoop, growth of use cases and applications to smart city mainly exists in the areas of public services, transportation, security, sustainability, infrastructure and integrated intelligence. A chip designer Arm stated in a report that driving force of smart cities was expected to be transformed from cost reduction to better citizen participation and more revenue sources (such as red light violation detection, Wi-Fi hotspots, 5G services, intelligence tower, crime detection/analysis, and information broadcasting) by means of advanced technologies such as computer vision and machine learning.”
According to research by the McKinsey Global Institute, North America, Asia Pacific and European countries are leading the development of smart cities. In the past year, there have been many test pilots and infrastructure developments in these areas. In fact, London has been listed by the Eden Strategy Institute as the world’s top smart city government in 2018-2019.
IDC also predicts that investment into smart city use cases will reach $158 billion by the year of 2022 when there is the fastest growth in the Americas. Overall, market researchers give a forecast that a well-developed smart city will rely on community improvement through project development other than earlier-stage proof of concept and pilot projects. Therefore, by the end of 2019, 40% of local and regional governments can be expected to use the Internet of Things so as to turn infrastructure such as roads, street lights and traffic signals into assets.
With the increase in the demand for intelligent and integrated management of cities, the demand for city-level video analysis will continue to expand in the future. At present, SenseTime has deployed a large number of benchmark projects in the country, and cooperated with other enterprises to accelerate the empowerment and upgrade of AI technology applied to small scenes. Fighting against crime, maintaining social security, guiding city construction, upgrading urban management, and relying on AI core analysis capabilities, SenseTime keeps setting a new benchmark for smart cities in the future.
As the world’s leading company providing artificial intelligence platform, SenseTime is one of the national “intelligent vision” (new generation of artificial intelligence) open and innovative platforms designated by the Ministry of Science and Technology of China (the other four national AI platforms are Baidu, Aliyun, Tencent, and iFlyteck). At the same time, SenseTime is also the “world’s most valuable AI innovation company” with the total financing amount of more than US$1.6 billion and valuation of more than US$4.5 billion.
SenseTime has a mission of “sticking to originality and allowing AI to lead the progress of mankind”. The company has established a world-class and self-developed deep learning platform and super-computing center, and has developed a series of AI technologies, including face recognition, image recognition, text recognition, medical image recognition, video analysis, unmanned driving and remote sensing. Therefore, SenseTime has become the largest AI algorithm provider in China.
SenseTime ranks first in terms of market share in multiple vertical fields of market, covering smart cities, smart phones, interactive entertainment and advertising, auto, finance, retail, education, real estate and many other industries. At present, SenseTime has established cooperation with more than 700 world-renowned companies and institutions at home and abroad, including the Massachusetts Institute of Technology, Qualcomm, Nvidia, Honda, Alibaba, Suning, China Mobile, UnionPay, Wanda, Huawei, Xiaomi, OPPO, vivo, Microblog, iFlyteck and so on.
As the foundation of smart city construction, high-definition monitoring and networking has been widely used. In order to obtain valuable clues from a large number of high-definition videos for improving the decision-making efficiency of urban management, it requires ultra-large-scale data processing, query and analysis in the cloud, which imposes extremely high requirements on computing systems and requires more powerful AI algorithm engines. The application of WIMI AR Hologram platform has been spread into every aspect of smart cities.
As the leading AI holographic vision company in China, WIMI AR Hologram has created the third-generation 6D light field holographic technology product. The simulation degree over 98% takes the users’ breath away in astonishment. WIMI AR Hologram has been well developed in terms of technology. It is qualified with more than 4,325 holographic content IP reserves and owns 295 AR-related patents and 76 software works. Its commercial application scenarios are mainly concentrated in five major fields of home entertainment, light field cinema, performance system, commercial launch system and advertising display system. At the same time, WIMI AR Hologram acts as a developer, service provider and operator of holographic AI cloud mobile software, and has become one of the largest integrated platform of AI hologram field in the country.
WIMI AR Hologram applies augmented reality to high-quality IPs, with more than 700 million users totally. In the fields of short videos on mobile Internet, games, applications, photography, and advertising, WIMI AR Hologram platform has completed intelligent implantation of AR holography for 30 million times, and displayed AR totally for more than 3 billion times. Moreover, WIMI AR Hologram has made smart portraits for 300 million users through the AI plug-in, and provided tabbed AR holographic implantation of applications according to the AI algorithms. Then, WIMI AR Hologram provides AI augmented reality insertion services for thousands of business customers, involving the intelligent AR holographic synthesis of more than 4,000 business scenarios and 600,000 applications. WIMI AR Hologram applies augmented reality to high-quality IPs, with more than 700 million users totally. WIMI AR Hologram takes the advantage of its subsidiary to provide AI augmented reality services for hot Internet TV series and long videos, with the audience including: 1.06 billion views on Wasd Beyond Light Years, 1.31 billion views on HUAJIANGHU, 340 million views on The Great Adventurer, and 1.28 billion views on Yi Guan Xiao Zhuan. Additionally, WIMI AR Hologram has provided more than 8 billion services of AR 3D implantation of AI scenes, characters and props.
Nowadays, the number of China’s enterprises engaged in the field of computer vision and image in AI industry has reached 111. The famous enterprises in this field include SenseTime, Megvii, WIMI AR Hologram, etc. Besides, their main development directions also include face recognition, finance, smart cities, robots, and autonomous driving.
All enterprises are actively arranging the intelligent computing visual ecosystem which centers on AI technology, AR hologram, intelligent 3D, and fuzzy computing of visual information. Also, they are actively creating intelligent 3D experience covering vertical applications such as health care, education, experiential mall and design, so that people seem to live in smart cities in the future.