Iveda announced $1M in new technology deals with organizations and municipalities across Taiwan. Through contracts with the Taiwan Stock Exchange, Tainan Solar Park, Taipei City Government Public Works Bureau, and additional Taiwanese government entities, Iveda technology will be implemented over the next several months in an effort to upgrade and improve upon network communication systems, effectively increasing video surveillance capacity while enhancing national safety and security. "As an organization on the forefront of digital transformation, we’re seeing cities and countries across the globe – especially those with dense populations – investing in smarter infrastructure to maintain and manage operational efficiencies through accurate, real-time data," said David Ly, Iveda Founder and CEO. "Iveda is thrilled to be a part of Taiwan’s continued journey toward smart city status. Through these additional contracts, we are effectively equipping local organizations and municipalities with the technology needed to prepare their communication networks and safety systems, all while enabling personnel to automate wherever possible, limiting waste in both energy and human power for true smart city innovation."
Published first on TheFly
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