The internet of things has become a popular topic in and out of workplaces. We are in an era where we believe “this is the end of technology”. Technology and innovation are running at a very fast pace.
Internet of things comprises of computing devices, mechanical and digital machines.
In this industry, an Australian Freestyle company has developed a robust system to improve the water management system. This led the company to win a contract worth $5.8 million to supply cloud based water management systems to 24,000 subscribers of the Gohang city of South Korea.
This is a five year deal where Freestyle Company will introduce automatic complaints and meter wreck applications. South Korea, is one of the pioneer countries in the world to adopt modern technology. This is one of the unique mechanisms of internet of things.
This system can detect any water leakage and provide the best possible solutions to solve it.
This is good news for this early startup Australian company especially since it was very hard for them to beat growing competition of South Korean companies.
Source: Business insider Australia