Iveda is working with the government to design and install a video command, communication, and control system, anticipated to be completed by year end 2023.
Iveda estimates Philippines revenues will range from $1m to $3m per smart city deployment, with recurring revenue for annual fees for software maintenance and upgrades.
Once light poles are equipped with the Utilus platform, they are able to communicate with each other and establish a network that provides a range of smart city applications.
The region is working with Iveda on a series of smart city and digital transformation projects and has just completed an intelligent video surveillance pilot in Caloocan.