Asfinag, Austria’s public roads operator, has formed a partnership with Siemens Mobility to provide an intelligent traffic management system in an effort to make the roads safer. 

Huawei recently held an online launch summit of the Intelligent Traffic Management Solution with the theme of "Transform the Way We Move" where they officially launched Intelligent Traffic Management Solution for overseas markets.

Smart cities are predicted to create a great deal of business opportunities, projected to be valued at $2.46 trillion by 2025, a new study finds.