Singapore invests in “smart urban estates”

Singapore invests in “smart urban estates”Singapore is driving the development of smart districts and smart urban estates which will be enabled to operate and consume energy more efficiently. To that end, the city state has – as a start – earmarked $10.2 million to deploy relevant technology at a number of science parks and innovation campuses.

Over three years, the investment would go towards helping technology companies build and pilot “innovative urban solutions” for smart estates, said Singapore’s Infocomm Media Development Authority (IMDA), the agency driving the new initiative.

The investment comes as a part of a $1.74-billion budget set aside last year to fund the country’s smart nation efforts and digital transformation. The funds are to go towards various technology areas, including data analytics and Internet of Things sensors, as well as necessary enhancements to the communications infrastructures.

For the smart estates, IMDA said it planned to have a number of technology partners over time, adding that it hoped to facilitate the development of technology to support “hyper-connected smart estates of tomorrow.”

“This connectivity will enable innovative digital services to provide a seamless experience for the community and create new growth opportunities for enterprises,” the agency said.

“Developers and facility owners can benefit from improvements such as energy efficiency and operational effectiveness, potentially reducing operating costs for buildings and estates,” it added.

Singapore’s Smart Nation initiative was officially launched by Prime Minister Lee Hsien Loong on November 24, 2014. Areas of focus include enhancing public transport networks and ensuring a secure but open data marketplace.

The Smart Nation Sensor Platform tracks and analyses data related to housing, amenities and public infrastructure, including lamp posts and public cameras, as well as software that enables sensor data exchange and data and video analytics. A interconnected network of 110,000 lamp posts with wireless sensors will collate data that will be used for urban and operational planning, maintenance and incident response, but has also raised criticism over feared mass surveillance.



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Singapore is driving the development of smart districts and smart urban estates which will be enabled to operate and consume energy more efficiently. To that end, the city state has – as a start – earmarked $10.2 million to deploy relevant technology at a number of science parks and innovation campuses. Over three years, the investment would go towards helping technology companies build and pilot “innovative urban solutions” for smart estates, said Singapore’s Infocomm Media Development Authority (IMDA), the agency driving the new initiative. The investment comes as a part of a $1.74-billion budget set aside last year to fund...

Singapore invests in “smart urban estates”Singapore is driving the development of smart districts and smart urban estates which will be enabled to operate and consume energy more efficiently. To that end, the city state has – as a start – earmarked $10.2 million to deploy relevant technology at a number of science parks and innovation campuses.

Over three years, the investment would go towards helping technology companies build and pilot “innovative urban solutions” for smart estates, said Singapore’s Infocomm Media Development Authority (IMDA), the agency driving the new initiative.

The investment comes as a part of a $1.74-billion budget set aside last year to fund the country’s smart nation efforts and digital transformation. The funds are to go towards various technology areas, including data analytics and Internet of Things sensors, as well as necessary enhancements to the communications infrastructures.

For the smart estates, IMDA said it planned to have a number of technology partners over time, adding that it hoped to facilitate the development of technology to support “hyper-connected smart estates of tomorrow.”

“This connectivity will enable innovative digital services to provide a seamless experience for the community and create new growth opportunities for enterprises,” the agency said.

“Developers and facility owners can benefit from improvements such as energy efficiency and operational effectiveness, potentially reducing operating costs for buildings and estates,” it added.

Singapore’s Smart Nation initiative was officially launched by Prime Minister Lee Hsien Loong on November 24, 2014. Areas of focus include enhancing public transport networks and ensuring a secure but open data marketplace.

The Smart Nation Sensor Platform tracks and analyses data related to housing, amenities and public infrastructure, including lamp posts and public cameras, as well as software that enables sensor data exchange and data and video analytics. A interconnected network of 110,000 lamp posts with wireless sensors will collate data that will be used for urban and operational planning, maintenance and incident response, but has also raised criticism over feared mass surveillance.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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