Iveda Solutions (NASDAQ: IVDA) details 2025 losses, Taiwan and customer concentration risks Iveda Solutions, Inc., now a Delaware corporation listed on Nasdaq, reports continued operating losses while positioning itself as an AI-driven smart city and IoT platform provider. For the year ended December 31, 2025, it recorded a net loss of about $3.2 million, following a $4.0 million loss in 2024, and has accumulated losses of roughly $56 million. The company depends heavily on its Taiwan subsidiary, which generated 85% of 2025 revenue and 87% of 2024 revenue, and on a small number of large customers; four customers made up 63% of 2025 revenue. Iveda offers AI video analytics (IvedaAI), IoT platforms (Cerebro), smart power solutions, smart poles, drones, health and elder-care devices, and industrial monitoring tools. As of March 15, 2026, Iveda had 11,139,740 shares of common stock outstanding and significant U.S. net operating loss carryforwards of about $40.0 million federal and $11.0 million state. The company highlights risks from ongoing losses, reliance on key personnel, geopolitical uncertainty around Taiwan, cybersecurity gaps, and potential Nasdaq listing compliance issues. Positive - None. Negative - None. Insights Ongoing losses, customer and Taiwan concentration keep risk profile elevated. Iveda Solutions remains a small, unprofitable AI/IoT player. It posted net losses of $3.2 million in 2025 and $4.0 million in 2024, with an accumulated deficit near $56 million, underscoring sustained cash burn and execution risk. Revenue is concentrated: four customers represented 63% of 2025 revenue, and its Taiwan subsidiary delivered 85% of 2025 and 87% of 2024 revenue. This ties results to a narrow client base and to Taiwan-specific economic and geopolitical conditions, including China–Taiwan tensions mentioned in the risk factors. On the upside, Iveda competes in structurally growing segments like smart cities, AI video analytics and IoT, and holds sizable tax assets
Mar 31, 2026 · via stocktitan.net
To advance Tainan’s smart city initiatives, the Tainan City Government partnered with Phison Electronics Corp. to develop a new generation of AI applications tailored to the needs of urban governance through advanced generative AI technology. The localized deployment of high-performance AI systems enables artificial intelligence to take part in supporting municipal services and enhancing citizens’ daily lives. This jointly developed AI knowledge management system was displayed at NVIDIA GTC 2026, held in California, showcasing Tainan’s innovations in smart city AI applications. Tainan City Government leveraged aiDAPTIV technology, independently developed by Phison Electronics, to build a new-gen AI knowledge management system. This solution is capable of rapidly organizing, searching, and conducting AI inference across massive amounts of administrative data, knowledge documents, and cross-bureau information within the city government, significantly improving internal knowledge circulation efficiency and decision-making support capabilities. At the NVIDIA GTC, a globally recognized benchmark event in AI technology, Phison Electronics presented its collaboration with the Tainan City Government as part of its smart city solutions showcase. With Phison’s aiDAPTIV technology, the system supports on-premises deployment to ensure data security and autonomy, an essential requirement for government agencies and public services that place a high priority on information protection. Compared with conventional AI query systems, this collaborative AI knowledge management system can improve overall performance by up to tenfold or more in practical applications. Moreover, its low construction costs and scalable deployment structure make it possible to extend AI from a limited set of high-cost use cases to a broad range of applications, including municipal services, citizen inquiries, administrative coordination, and public governance. The Tainan City Government stated that it will continue to collaborate with industry partners to promote more AI-driven innovations so that smart technology can better serve the public and make the urban governance model smarter, more efficient,
Mar 31, 2026 · via tainan.gov.tw
Corruption pulls down Manila in Smart Cities
MANILA, Philippines — Amid persistent corruption concerns, Manila’s ranking dropped in the latest Smart City Index of Switzerland-based Institute for Management Development’s World Competitiveness Center.
With 120 residents as respondents, the index found 71 percent cited corruption as an urgent priority in Manila.
Anomalous flood control initiatives last year exposed systemic corruption in the government’s infrastructure projects.
Other priority areas or concerns are health service (51.6 percent), road congestion (49.2 percent), security (44.4 percent) and unemployment (41.1 percent).
Manila slid to the 132nd spot out of 148 cities.
In last year’s edition, the Philippines fell by four places, from 121 to 125.
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Mar 31, 2026 · via philstar.com
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Mar 31, 2026 · via youtube.com
FCT, Finland To Partner On Infrastructure, Smart City Development The Federal Capital Territory Administration has announced plans to collaborate with Finland on infrastructure development, agriculture, and smart city initiatives in Abuja. FCT Minister Nyesom Wike disclosed this on Tuesday during a meeting with Finland’s Ambassador to Nigeria and Permanent Representative to ECOWAS, Sanna Selin. The discussions focused on strengthening bilateral relations and exploring technical partnerships aligned with the administration’s Renewed Hope agenda. Wike noted that Abuja is experiencing rapid growth and said the FCT was open to learning from countries with advanced urban systems. “As a city, we are willing to cooperate with cities in other countries to see how we can partner in terms of infrastructure and agriculture. “You have already mentioned your willingness to provide support in infrastructure development, smart city technology, and green energy. We are very willing to partner with you in these areas,” he said. The minister also assured members of the diplomatic community of improved security across the territory, stressing the government’s commitment to providing a safe environment for international partners. A key area of interest discussed was the modernisation of waste management systems. Wike invited Finnish firms with expertise in environmental technology to engage with the FCT in developing sustainable solutions. “It would be a pleasure for us to have a discussion on waste management with any firm that has the right capacity to manage our waste; that is very key for us,” he added. In her response, Selin welcomed the partnership, noting growing cooperation between Finland and Nigeria. “Finland is one of the most digitised countries in the world, and we have recently signed a Memorandum of Understanding with Nigeria on digitalisation and innovation. “We are also very advanced in water and waste management technologies, as well as circular economy solutions,” she
Mar 31, 2026 · via thewhistler.ng
News March 31, 2026 by The Nation FCTA, Finland to partner on smart city, clean energy - By Gbenga Omokhunu, Abuja The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has expressed the FCT Administration’s readiness to partner with the Republic of Finland to advance Abuja’s transition into a modern, sustainable smart city. The Minister made the commitment on Tuesday, when he received the Finnish Ambassador to Nigeria, Her Excellency, Sanna Selin, on a courtesy visit to his office in Abuja. During the visit, Wike highlighted infrastructure and agriculture as key areas where the FCT seeks international cooperation and specifically welcomed Finland’s expertise in green technology and digital services. He noted that such collaborations are essential as Abuja continues its rapid expansion. The minister said, “As a city, we are willing to cooperate with sister cities of other countries to see how we can partner in terms of infrastructure and agriculture. You have already said here that you are willing to give support in infrastructure, such as smart city technology and clean energy. We will be willing to partner with you in these areas to optimize our relationship for the mutual benefit of both countries.” Wike further expressed interest in a reciprocal exchange to study Finnish urban models firsthand, stating, “We would be glad to have an invitation to see areas of interest in Finland for our mutual development”. The minister also spoke passionately about the necessity of partnering with the Finnish Government in the area of waste management. “It will be good if we can have a discussion on waste management with any firm that has the right capacity to manage our waste, that’s very, very key for us. I would be very much interested”, he said. Addressing the Ambassador’s remarks on the safety of the diplomatic community,
Mar 31, 2026 · via thenationonlineng.net
Zurich has once again secured top spot in the seventh edition of the IMD Smart City Index. The Norwegian capital Oslo is in second place, ahead of Geneva, which according to a statement covering the report, successfully defended its ranking of third place from last year. In comparison with 2025, Lausanne improved by three places to seventh. For the index, citizens from a total of 148 cities were surveyed by the World Competitiveness Center (WCC) of the IMD business school. As the index showed, citizens also evaluate the quality of their city based on its political transparency and opportunities for participation. The concept of “smartness” therefore encompasses not only the application of cutting-edge technologies, but also a stronger perception of effective city governance and the implementation of digital services. Cities where people feel their voices are properly heard score significantly higher, according to the report. “The most advanced urban centers, where citizens feel happiest, are not necessarily distinguished by their utopian skylines, visible sensor networks, or pure technological sophistication”, comments Arturo Bris, Director of the WCC, in the statement. “Instead, they stand out for how effectively they align governance structures, sustainability priorities, public investment decisions, and perhaps most importantly, the cultivation of citizen trust”, he concludes. Away from the podium places occupied by Zurich, Oslo and Geneva, places four to six go to London, Copenhagen and Dubai respectively. After Lausanne in seventh, the Top 10 is rounded off by Canberra, Singapore and Abu Dhabi.
Mar 31, 2026 · via s-ge.com
Cities like Bogota in Colombia and Gujarat in India are leading with the way, with projects designed to build a low-carbon and climate resilient future, according to a new analysis. The report by consultancy Arup and supported by the Earthshot Prize, highlights how urban leaders are already delivering innovations in their own localities, which are cutting emissions and improving the lives of residents. And it argues cities which integrate various policy elements appear able to move more quickly than national governments in translating climate ambition into tangible outcomes, particularly on air quality and emissions reduction. The study contains 11 climate innovations across mobility, air quality, waste, restoration, and finance from various cities. It also comes at a critical time, with cities predicted to house 68% of the global population by 2050. In addition, cities also account for more than 70% of global carbon dioxide emissions and consume around three-quarters of global energy. The report highlights the work being done in Bogotá, Columbia, including the Urban Zone for Better Air strategy. The strategy is a place-based initiative to improve air quality in the parts of the city where higher pollution exposure overlaps with greater social vulnerability. It works alongside another program, FONCARGA, which has designed to modernize the city’s cargo transportation fleet by replacing old, highly polluting vehicles with cleaner, more efficient technologies. And it also comes on top of a public transport electrification program, which has reduced the PM2.5 emissions of the city’s public bus fleet. Bogotá’s environment secretary, Adriana Soto said air quality policy works better when cities treat it as a public health issue, in an interview. Soto added cities should not only rely on city-wide policies, or only on the electrification of transport, but instead take a more territorial approach and look to help the people facing
Mar 31, 2026 · via forbes.com
UAE cities secure leading positions in 2026 IMD smart city rankings Dubai and Abu Dhabi have secured leading global positions in the 2026 Smart City Index published by the International Institute for Management Development, highlighting the UAE’s rapid digital transformation and high urban quality of life. Dubai ranked sixth globally, while Abu Dhabi placed tenth among 148 cities assessed, underscoring the country’s growing prominence in smart urban development. Zurich topped the global ranking, followed by Oslo, Geneva, London and Copenhagen. Get updated faster and for FREE: Download the Gulf News app now - simply click here. The report said the Gulf model, particularly in the UAE, has become a global example of effective government-led investment in digital technology combined with high-quality services, boosting public trust and significantly improving urban performance. Both UAE cities performed strongly in the technology pillar, scoring above 0.76 points, reflecting advanced digital infrastructure and smart services. Public confidence in digital services was also notably high, reaching around 95.7 per cent in Dubai and 89 per cent in Abu Dhabi. The report highlighted that the success of Dubai and Abu Dhabi goes beyond technology, relying on a balanced combination of institutions, trust and infrastructure. It noted that the most advanced smart cities are not simply those with the latest technologies, but those that align government policies with residents’ needs and deliver efficient services that strengthen public confidence. The UAE’s approach has successfully translated digital investment into tangible improvements in daily life, reflected in high levels of satisfaction with smart government services. The IMD Smart City Index uses a comprehensive methodology combining quantitative data with residents’ perceptions, assessing cities across five key pillars: health and safety, mobility, urban activities, opportunities in work and education, and governance. It also incorporates public surveys to measure satisfaction and the real impact
Mar 31, 2026 · via gulfnews.com
Work in progress: analysing digital transformation in the Government of Canada Governments around the world are working to make digital transformation happen in order to improve services for citizens and support government priorities. This transformation is not just about implementing technology; it requires getting the right skills, culture, policies, and processes in place to capitalise on the benefits of data, AI, and digital tools Following this year’s AcceleateGOV conference, Global Government Forum produced a report focusing on how to scale what works and overcome barriers to digital transformation. It is based on panel sessions, presentations and discussions at Global Government Forum’s AccelerateGOV 2025 conference held in Ottawa in December, as well as a survey of 228 Canadian public servants registered for the event. The findings show that while digital transformation is advancing across Canadian government and beyond, some areas need to be strengthened and obstacles addressed. While there are clear strengths in areas such as technology infrastructure, data use, and emerging AI adoption, there are also foundational challenges that remain, including legacy technology, procurement and skills. This chapter of the report looks at the progress that has been made in digital transformation across the Government of Canada. Digital transformation: a work in progress Throughout the AccelerateGOV event, participants reflected on the progress that has been made in digital transformation to date – as well as future ambitions and barriers that remain. Survey respondents described digital transformation efforts in their organisations as largely going in the right direction. The largest proportion of respondents (48%) characterised their organisation’s overall digital capability as ‘moderate’, with 15% saying it is high and 3% saying it is very high. A quarter (25%) characterised their organisation’s digital capability as low and 9% very low. Denoting the progress that is being made, a majority (53%) said their
Mar 31, 2026 · via globalgovernmentforum.com
Firm’s integrated smart city framework enables Saudi Arabia’s northern gateway to enter global rankings on its first appearance, reinforcing Mindsets’ position as a leading strategic partner for urban transformation in the Kingdom Ha’il, Saudi Arabia, 30 March 2026 — Mindsets, a leading investment and advisory firm, today announced that its client, the city of Hail, has secured 33rd place among 148 cities worldwide in the IMD Smart City Index 2026. The milestone marks Hail’s first-ever entry into one of the world’s most authoritative urban development benchmarks and positions the city alongside established global capitals as a model for citizen-centered smart city development. Working as a strategic advisor to the Municipality of Hail, Mindsets developed an integrated smart city framework aligned with the evaluation dimensions of the IMD Smart City Index: health and safety, mobility, activities, opportunities, and governance. The framework unified the city’s diverse modernization initiatives within a single strategic architecture, enabling clearer prioritization, stronger institutional coordination, and performance measurement tied directly to citizens’ lived experience. The achievement is particularly notable given Hail’s profile. A mid-sized city of approximately 500,000 residents in northern Saudi Arabia, Hail is historically celebrated as the cradle of Arab generosity and home to the UNESCO World Heritage Rock Art site spanning nearly 10,000 years. Its emergence among the world’s top-ranked smart cities demonstrates that innovation-led urban transformation is not exclusive to mega-cities—a narrative with powerful implications for sustainable development across the GCC and emerging markets. Under the Mindsets framework, Hail’s transformation has consistently placed residents at its center. The city has advanced digital municipal services, strengthened healthcare and public safety systems, expanded economic opportunity, and invested in environmental sustainability. The strategic architecture translates these efforts into an interconnected operating model with defined performance indicators, ensuring that progress is visible, accountable, and aligned with international evaluation
Mar 31, 2026 · via fintechgate.net
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Mar 31, 2026 · via wwltv.com
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Mar 31, 2026 · via youtube.com
ASUS Co-CEO Samson Hu on CNN: Empowering the Next Generation of Smart Cities
At the Smart City Summit & Expo/Net Zero City Expo 2026 in Taipei, ASUS Co-CEO Samson Hu spoke with CNN about how AI is helping smart cities evolve—enhancing operations, public services, and real-time decision-making. ASUS supports this transformation through its comprehensive smart city solutions and strategic partnerships.
Mar 31, 2026 · via press.asus.com
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Mar 31, 2026 · via youtube.com
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Mar 31, 2026 · via wwltv.com
NEW ORLEANS — Seventh graders at Audubon Gentilly are taking on big, real-world challenges — and turning them into innovative solutions. Students recently completed “Smart City” projects, using science, technology, engineering, and math to design model cities focused on solving issues communities face every day. From energy use to natural resource shortages, the goal was to think critically about how cities can adapt and thrive in the future. “They took on a really big project of creating smart solutions to everyday problems that we have in our city,” said seventh-grade science teacher Kelsey Taylor. Students began by examining challenges here in New Orleans, then expanded their thinking beyond the city to design their own communities with creative, sustainable solutions. “And then we took it a little further… students took on the challenge to create their own cities,” said seventh-grade science teacher Kelsey Taylor. Some models include features such as solar panels and working lights, highlighting a focus on renewable energy and efficiency. Others explore ways to better manage resources or rethink how cities are built. Taylor says the project pushed students to think beyond the classroom. “Students just really challenged themselves to think about what problems we already face… and how they could create sustainable solutions,” she said. The hands-on assignment also became a collaborative effort, with families helping bring the students’ ideas to life. The end result? Detailed, imaginative cities — and students gaining a deeper understanding of how innovation can shape the world around them. “I’m very impressed with the project. It exceeded my expectations,” Taylor said. “It was amazing.” The teacher says she looks forward to bringing the project back again in the future.
Mar 31, 2026 · via wwltv.com
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Mar 31, 2026 · via wwltv.com
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Mar 31, 2026 · via youtube.com
The Southern Bench of the National Green Tribunal (NGT) at Chennai disposed off applications challenging the execution of Netravti Waterfront Promenade Project by Mangaluru Smart City Limited (MSCL), directing the agency to strictly adhere to the Coastal Regulation Zone Notification, 2011, the conditions imposed in the CRZ clearance, and all other applicable statutory provisions, to ensure seamless execution of the project.
Passing the order on March 24, Judicial Member Pushpa Sathyanarayana and Expert Member Prashant Gargava cautioned MSCL, “The Project is already under the radar of not only this tribunal, but also environmental activists.”
Published - March 31, 2026 03:33 pm IST
Mar 31, 2026 · via thehindu.com