Lo­cal busi­nesses’ high per­for­mance

China Daily (USA) - - IOT@ WUXI - WANGWEI

The num­ber of IoT en­ter­prises based in the Wuxi High-Tech In­dus­trial De­vel­op­ment Zone grew to more than 1,000 in 2015 from only 160 in 2010.

Their busi­nesses are from al­most every sec­tor of IoT, rang­ing from in­tel­li­gent sen­sors to cloud com­put­ing and big data.

In 2015, the to­tal out­put value of China’s IoT in­dus­try reached 100 bil­lion yuan ($15 bil­lion), and the in­dus­try has grown 30 per­cent yearon-year for five con­sec­u­tive years.

Cur­rently there are 31 Chi­nese IoT en­ter­prises in the zone that can gen­er­ate more than 100 mil­lion yuan in an­nual rev­enues each, and 215 en­ter­prises that each cre­ate more than 20 mil­lion yuan in busi­ness rev­enue an­nu­ally.

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