South America Getting Digitized with IoT

The IoT domain is rapidly progressing in South America, primarily owing to the strong government support for IoT deployment. Government initiatives in the region include exemption of import tax on robots, investments in networking technology projects, and establishment of research institutes and foundations. Further, IoT startups are finding it easier to penetrate the domain in the continent, owing to the relaxation in regulatory compliance. Infrastructural development, better access to communication networks to fulfil IoT demand, and focus on standardizing the interoperability of devices in the IoT systems are all helping in digital network expansion.

Smart cities are being built in South America, driven by the focus on sustainable development and improvement in the quality of life through technology. Big data, NFC, and RFID technologies and artificial intelligence are being utilized to minimize bus delays and traffic jams and improve resilience to climate change, natural disasters, and public safety challenges.

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