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

  • Use of AI, unlocking innovation - and new political leaders: our experts pick out 2025's key drivers
    December 30, 2024
    Is predicting the future doomed to failure? Not when ITS International's experts are on the case...
    Read More
  • Developments in travel information display systems
    August 1, 2012
    David Crawford looks at recent developments in travel information display systems. It is important to remember that we are investing in Real-Time Passenger Information [RTPI] to increase ridership," says Robert Burke, Managing Director of New Zealand transit tracking technology specialist Connexionz, which has been involved in at-stop and remote passenger information since 1995. "Superior information improves the perception of public transport reliability and gives the passenger more choices and greater con
    Read More
  • Ford and Toyota announce hybrid and telematics collaboration
    April 18, 2012
    Ford Motor Company and Toyota Motor Corporation have announced they will equally collaborate on the development of an advanced new hybrid system for light truck and SUV customers. The two companies also agreed to work together on enablers to complement each company's existing telematics platform standards, helping bring more Internet-based services and useful information to consumers globally.
    Read More
  • Developments in smarter multi-modal fare paynment
    February 2, 2012
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
    Read More

Highlighted Content