Singapore Telecommunications (Singtel) and Continental have signed a memorandum of understanding (MOU) to improve the safety, connectivity, and convenience of Singapore’s mobility ecosystem using 5G.
Through the partnership, Continental, a German manufacturing company, will leverage on Singtel’s multi-access edge computing (MEC) solutions to further enhance the situational awareness of Continental’s vehicle systems and improve overall road safety.
Continental, on Aug 31, signed three separate MOUs with local and global partners at the Continental Singapore TechFest, with one of them being Singtel.
According to the German group, the move complements Singapore’s Smart Nation ambitions, while being aligned with the country’s digital vision as it harnesses the latest technology in areas such as data analytics, fleet management and autonomous mobile robots (AMRs) provided by Continental.
The MOUs were signed in the presence of Senior Minister of State, Ministry of Sustainability and the Environment and Ministry of Transport, Dr Amy Khor.
“We will be focusing on developing solutions [with our partners] that encourage inclusivity, enhance safety, automate logistical processes, and refine predictive analytics with holistic and real-time data,” says Lo Kien Foh, President and CEO of Continental Automotive Singapore. “Our main goal is to transform the mobility ecosystem and our efforts will be multi-pronged.”
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Bill Chang, CEO of Singtel’s group enterprise and regional data centre business says, “industries, enterprises and public sector organizations are realizing the transformative power of 5G. Singtel’s pervasive 5G network and its innovative Paragon Edge cloud platform offering high bandwidth, low latency connectivity and compute capabilities, coupled with Continental’s deep expertise in automotive innovation, will propel new growth in smart mobility and fleet management.”
“Such improvements will create safer, smarter, connected and more efficient urban mobility solutions, and in so doing, will advance Singapore’s Smart Nation vision,” he adds.
Furthermore, the agreement with Continental will pave the way for future collaborations between Continental and Singtel’s technology partners and government agencies. The partners will potentially look to engage third parties, such as building and vehicle fleet owners in future trials.
Shares in Singtel closed at 5 cents down or 1.87% lower at $2.62 on Aug 31.
