Singapore, 26 June 2018 – Organisations will soon find it easier to adopt Internet of Things (IoT) applications and technologies in a more cost-effective manner through a common IoT platform. On this platform, resources can be shared without costly investment on infrastructure, connectivity, data analytics and applications.
This platform is a new trial pay-per-use IoT-as-a-Service (IoT-aaS) that ST Engineering Electronics, SP Group and SPTel are jointly pursuing. The IoT-aaS is offered on a subscription basis to help enterprises and IoT partners move into the IoT space faster and more cost efficiently. Enterprises can save on set-up cost and select an IoT service that best matches their business needs.
The IoT platform provides a unique advantage as a multi-protocol network solution. IoT partners can also leverage the secure network, thousands of SPTel hubs across the country and a multiedge computing IoT platform to bring their services faster and closer to their customers.
Service is delivered through a centralised IoT platform with advanced data analytics to generate greater insights for predictive actions, thus improving business productivity and enhancing operational efficiency. The platform is also built to optimise shared computing resources, while maintaining independent, secure operations and control for subscribers. This creates an “Open IoT system” that operates as a hassle-free one-stop shop that is reliable and delivers end-to-end connectivity for seamless IoT deployment. This is easier than having to approach and negotiate with multiple facility owners and deploying over multiple locations.
IoT partners can jointly build smart city applications like smart, energy-efficient, green buildings along with next-generation intelligent cloud network and multi-access edge computing infrastructure. Deployment can range from public safety and security systems, transport, public amenities such as street lighting, energy and water resource management, lift monitoring to other facilities management services.
ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in more than 100 countries. Its employees bring innovation and technology together to create smart engineering solutions for customers in the defence, government and commercial segments. Headquartered in Singapore, ST Engineering reported revenue of S$6.62b in FY2017 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore and the SGX Sustainability Leaders Index. The Electronics sector specialises in the design, development and delivery of Information and Communications Technology (ICT) products, solutions and services addressing the needs of Smart Cities for Connectivity, Mobility and Security. Its deep technological and engineering expertise straddles business domains in Rail & Road engineering, Satellite Communications, Public Safety & Security, Cybersecurity, Artificial Intelligence, Training & Simulation, Managed Services and Defence C4ISR. It has presence in more than 30 global cities across North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stengg.com.
SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.5 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost.
SPTel is a joint venture company of ST Engineering Electronics and Singapore Power group. SPTel builds our fibre network topology alongside Singapore’s nation-wide power grid and connected through a large system of power substation assets, manhole and lead-in pipes into buildings. Through this, SPTel provides a differentiate design and diverse network solution for the smart and discerning, best-in-class enterprises and mission critical businesses. For more information, please visit www.sptel.com.
AVP, Corporate Communications
Tel: (65) 6722 1689 / (65) 9829 0676
Senior Manager, Corporate Affairs
Tel: (65) 6916 8187 / (65) 98310401