What other smart city solutions do telecom operators offer?

[tanjimajuha20]

Dmitry Markov, CEO of VisionLabs (a subsidiary of PJSC Mobile TeleSystems (MTS)), said that services for a smart city are one of the areas for VisionLabs to pay for purchases in stores or for travel on public transport: "In Moscow, more than 330 thousand users have already connected to biometric payments based on VisionLabs technology. In total, they have made about 92 million passes."

"MTS has implemented smart city projects in other regions as well. In one of the cities in the Kaluga Region, MTS equipped more than 70 buses with smart devices and sensors so bulgaria whatsapp number database that passengers could pay for travel contactlessly and navigate the route using voice and visual information. In 2023, in the city of Rasskazovo in the Tambov Region, MTS modernized the city's digital video surveillance system, adding a dozen new cameras and a fiber-optic network that also connects previously installed video cameras," the MTS press service reported.

In addition, in Primorsky Krai, MTS has implemented a smart video surveillance project in more than 40 public spaces: cameras count visitors to parks and squares, recognize the gender, age and emotions of people - with the help of smart cameras, it is possible to search for people, for example, lost children, based on specified data.

Representatives of PJSC VimpelCom (brand Beeline) did not respond to ComNews' request.

Financing the development of smart cities in collaboration with business and finding a profitable business model

Ilya Mukha explains that when it is difficult to assess the economic effect of implementation at the stage of developing a solution, customers shift the costs of piloting and implementation to the development companies, providing them, in the event of a successful launch, a percentage of the resulting economic effect.

Among the advantages for companies investing in smart cities from their own funds, Ilya Mukha highlighted the flexibility and freedom to implement innovative projects without dependence on government subsidies; gaining access to infrastructure and using data collected in smart cities to provide analytical services can become a source of income.

According to him, IBM, Cisco, Siemens are successfully investing in smart technologies and developing business models together with city authorities.

Ilya Mukha also highlighted the disadvantages: "Investing one's own funds in the development of a smart city carries a financial risk for the company, especially if the payback model is long-term or unclear; sometimes companies can focus on maximizing profits, which can affect prices for city residents and the availability of services, which is not always optimal for the development of a smart city; failure of the project can lead to financial losses and a negative impact on the company's reputation."

"Investing companies in smart cities and finding a sustainable business model is a complex but promising strategy that requires balancing interests and careful risk analysis. Successful examples of cooperation can serve as a model for other regions striving for innovative development," says Ilya Mukha