Nokia today signed a Memorandum of Understanding (MoU) with StarHub to jointly drive IoT momentum 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. The alliance between Nokia and StarHub to enable easier and more rapid development of IoT services will help enterprises discover and capitalize on Smart Nation opportunities and capabilities to propel their business.
Nokia will support StarHub and its partners in the development of use cases such as for smart parking, environmental sensors and video analytics. Nokia will also help StarHub promote the benefits of IoT technology through various activities, including developer outreach programs 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.
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 enterprise customers to understand and gain insights from their customers, improving operational efficiencies and aid in long-term planning. 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 honored to be working with StarHub to help maximize the gains from the vast potential of IoT. 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."
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