A clear message to Australian Government by Standards Australia to be more deterministic In shaping a productive market
Standards Australia has called on the Federal Government to take a lead role in smart city developments – in particular, to set standards. It warns that a lack of standards could greatly increase the cost of smart city deployments.
Standards Australia is due to appear on 22 March before the House Standing Committee on Infrastructure, Transport and Cities inquiry into the development of cities to talk to its submission to the enquiry.
The Standards Australia submission cited a 2016 study from IoT research company Machina Research that estimated deploying of IoT without interoperability standards would add $US341 billion in costs to smart city deployments worldwide by 2025, increasing costs from $US781 billion to $US1.12 trillion.
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