Data collection and analysis play pivotal role in development

Data collection and analysis have risen to become one of the most important roles in industrial development, especially in industries involved with the internet of things, senior executives said.

Companies in Wuxi, Jiangsu province, are applying emerging data technologies to ensure the effective management of the city, by integrating it with the IoT industry.

"Cloud computing is a significant support platform for the IoT," said Song Hongming, senior marketing director of Huayun Data Group, a Chinese unicorn company that provides cloud services for over 300,000 businesses in the fields of traffic management, finance, education and manufacturing.