ST Electronics and IBM Singapore collaborate for smarter mobility

ST Electronics (Info-Comm Systems) and IBM Singapore have signed a Memorandum of Understanding (MOU) to collaborate and explore opportunities to leverage transport data analytics to promote smarter mobility. The MOU will enable both companies to develop a mutually beneficial partnership into new strategic growth areas in transport data analytics for exchange technical dialogue around their products and capabilities, specifically on the use of smart analytics for urban mobility solutions. They will explo
September 12, 2014 Read time: 2 mins

5151 ST Electronics (Info-Comm Systems) and 62 IBM Singapore have signed a Memorandum of Understanding (MOU) to collaborate and explore opportunities to leverage transport data analytics to promote smarter mobility.

The MOU will enable both companies to develop a mutually beneficial partnership into new strategic growth areas in transport data analytics for exchange technical dialogue around their products and capabilities, specifically on the use of smart analytics for urban mobility solutions. They will explore opportunities to collaborate by leveraging IBM’s real time analytics capabilities and applying predictive and simulative capabilities on traffic and transit analytics for decision support and transport optimisation. They will also work to identify and leverage complementary capabilities to develop joint go-to-market offerings, explore possibilities for market and capability development and various forums to collaboratively promote the partnership.

“IBM is working with organisations around the world to make cities smarter with data driven solutions to attain new levels of insight and efficiency through analytics. Our collaboration with ST Electronics (Info-Comm Systems) leverages on IBM’s global expertise in transport data analytics. Through our involvement in existing projects with clients in Singapore, we hope to extend this partnership globally,” said Janet ANG, managing director, IBM Singapore.

“This partnership provides an excellent opportunity to leverage ST Electronics’ expertise and proven transport solutions, and IBM’s strength in smart transport analytics products and solutions. Transport data analytics will allow us to better understand commuting patterns in the development and support of a strong data-driven transport infrastructure, with the view to building smarter applications for optimal traffic management and enhancing the travelling experience for commuters,” commented Lee Fook Sun, president of ST Electronics.

For more information on companies in this article

Related Content

  • New technologies enable increased collaboration, cooperation
    July 17, 2012
    The continued expansion of IP camera networks increases the availability of useful information. At the same time, the opportunity exists to increase inter-agency collaboration. This makes information management all the more necessary in the control room environment. But the transportation sector could do a lot to help itself by gaining a better idea up front of what and how it wants to do things, says Electrosonic's Karl Johnson.
    Read More
  • India and UK to cooperate in urban transport sector
    May 16, 2017
    Transport for London (TfL) and the Indian Ministry of Road Transport and Highways are to sign a memorandum of understanding (MOU) on bilateral cooperation in urban transport policy planning, technology transfer and institutional organisation of transport. The decision to enter into the agreement was taken during the three-day official visit of the Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari to Britain. Under the proposed MOU, TfL will share its expertise on the mobility and effici
    Read More
  • Industry-led consortium to develop oneTRANSPORT smart city initiative
    August 18, 2015
    An innovative smart city initiative focused on addressing the challenges in transportation systems with Internet of Things (IoT) technology has been awarded by the UK’s innovation agency, Innovate UK to a consortium of leading European industry, academic and transport authority partners. The project, oneTRANSPORT, is an integrated transport initiative targeted at transport authorities. Totalling approximately US$5.4 million (with co-funding by Innovate UK provided as a result of a successful competition
    Read More
  • Urban SDK helps Florida transport planning 
    April 22, 2021
    Software as a Service platform integrates agencies' data and reporting needs, firm says
    Read More

Highlighted Content