Seatrium and M1 have signed a memorandum of understanding (MOU) to explore the potential of 5G connectivity in yards for digitalisation and integrated yard operations.
The partnership is a key part of Seatrium’s digital strategy which seeks to establish a smart yard equipped with future-proof ultra-high-speed connectivity. This will ultimately support the group’s “one Seatrium” delivery model.
According to Seatrium, having 5G connectivity in its yards in Singapore means the group can access a range of applications such as smart video analytics, artificial intelligence (AI) and digital twin technology augmented with real-time Internet of Things (IoT) capabilities across its yards globally.
This collaboration builds on a previous partnership established in 2022, which included 5G connectivity in one of the pilot yards in Singapore. It also saw the deployment of 5G use cases in augmented and virtual reality (AR/VR) smart glasses solutions at the pilot yard.
In a joint statement dated June 3, Seatrium and M1 say that the partnership may extend into other M1 enterprise services and industry solutions including IoT applications, surveillance and cyber security to support Seatrium’s needs.
“This partnership with M1 marks another significant milestone in Seatrium’s digital transformation journey. By harnessing the advanced capabilities of 5G technology coupled with M1’s robust enterprise solutions, we are committed to fostering innovation and enhancing efficiency throughout our operations and business processes. The partnership also underscores our dedication to nurture and unlock the full potential of our workforce, supporting a future-ready enterprise,” says Chris Ong, CEO at Seatrium.
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“We are excited to collaborate with Seatrium on this transformative initiative. Our joint exploration of 5G and other enterprise solutions aligns with our commitment to empowering businesses with cutting-edge technology and bespoke solutions,” adds Manjot Singh Mann, CEO at M1.
As at 9.39am, shares in Seatrium are trading 2 cents higher or 1.14% up at $1.78. Shares in Keppel, of which M1 is a subsidiary of, are trading 4 cents lower or 0.6% down at $6.68.
