NEWS
Shanghai ranked number one smart city for Asia in 2023
The top 5 smart cities ranked by Juniper Research are ( in order ): Shanghai , Seoul , Shenzhen , Sydney and Beijing .
Juniper Research ’ s ranking of 50 world cities is based on an evaluation of many different smart city aspects , covering transportation and infrastructure , energy and lighting , city management and technology and urban connectivity .
The research analysed Shanghai as leading due to its strong data platform , comprehensive deployment of 5G and use of innovative technologies .
Research co-author Nick Maynard said : “ Creating an effective smart city strategy means more than just looking at a technical design – it means developing a comprehensive approach that actively solves challenges that citizens face in their lives .” Overall , the research reveals Asian smart city spend as growing by 120 %.
Hardware and software spend on smart city deployments in Asia is forecast to reach $ 42 billion by 2028 – up from $ 19 billion in 2023 .
Juniper Research , specialists in the sustainability and IoT market , see Shanghai as the leading Smart City in Asia in 2023 .
Emerging markets such as Indonesia , Thailand and Vietnam are expected to see strong growth as smart city initiatives get underway .
Cybersecurity start-up closes Series C funding round at US $ 50m
Australian cybersecurity start-up Secure
Code Warrior has confirmed the closure of its Series C funding round – led by Paladin Capital Group – at US $ 50M USD , this marks the largest investment since the company ’ s inception and brings its total funding to date to over US $ 100m .
The new funding will accelerate Secure Code Warrior ’ s product innovation through its platform and go-to-market efforts , with a focus on increasing market share and further empowering developer and engineering teams to gain the skills needed to identify vulnerabilities and fix code faster using the latest AI technology .
Existing investors Goldman Sachs and ForgePoint Capital participated in the Series C round alongside cyber and advanced technologies investor Paladin Capital Group , reaffirming their strong commitment and understanding of Secure Code Warrior ’ s vision to enable developers and engineers to be their organizations ’ first line of defense for secure code .
“ Secure Code Warrior has proven they are at the forefront of enabling developers to remain agile while learning secure coding ,” said Mourad Yesayan , Managing Director , Paladin Capital Group and Secure Code Warrior Board member .
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