5G stocks: what industries will benefit from 5G?

5G: smart buildings and cities

The growing number of smart devices and increased connectivity that 5G offers will help create smart buildings, which in turn will lead to smart cities. The applications are wide-ranging but at a basic level a smart building is one that can use automated systems to regulate heating, ventilation, lighting, security and other systems. Automating a building’s infrastructure presents an opportunity to save on energy and costs.

Golden Saint Technologies is one of many companies looking to benefit by providing the infrastructure these buildings need, which includes wireless mesh technologies that help speed-up WiFi and facilitate higher definition security cameras. One advantage it believes it has is the ability to provide wireless services in urban and congested areas where installing new cables would be expensive and disruptive.

 

Golden Saint Technologies builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 28 years. GST’s strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors – Data Centres, Intelligent Buildings, Smart Cities and the Internet of Things – and particularly targeting emerging markets where the demand for ICT infrastructure is rapidly increasing.

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