StarHub and Nokia jointly signed a Memorandum of Understanding (MoU) today to co-develop and launch commercial Internet of Things (IoT) applications and services in Singapore.
The two companies plan to develop new IoT use cases and applications in the areas of connected living, connected vehicles and connected buildings, with plans to offer commercial services to customers the first quarter of 2018,” said StarHub in a press release.
“This alliance between Nokia and StarHub to enable easier and more rapid development of IoT services, will help enterprises discover and capitalise on Smart Nation opportunities and capabilities to propel their business,” it added.
Nokia will support StarHub in the areas of smart parking, environmental sensors and video analytics. It will also promote the benefits of IoT technology through various activities, including developer outreach programmes and participation in IoT-related events. Nokia Bell Labs will provide added consultancy services to StarHub and its enterprise customers to accelerate Singapore’s IoT market momentum.
Commenting on the partnership, Dr Chong Yoke Sin, Chief, Enterprise Business Group at StarHub, said: “A large component of Singapore’s Smart Nation initiative involves the deployment of IoT devices in the environment, including in the home, along streets and in parks, and in offices. The granular data derived from these sensors will allow our enterprise customers to understand and gain insights from their own customers, improving operational efficiencies and aid in long-term planning.”
He added, “We will leverage Nokia’s IoT technology to help address urban challenges faced by our government and commercial customers. We also look forward to building viable business models on this nascent technology.”
Nicolas Bouverot, head of Asia South Market Unit at Nokia, said, “We are committed to supporting service providers in IoT to gain new customers and add new revenue streams. Nokia is at the forefront of the evolution of IoT, and our insights will enable StarHub to build and deploy high-value services and business models.”