February 28, 2024

We are creating some awesome events for you. Kindly bear with us.

New Funding to Boost Singapore’s Autonomous Vehicle Adoption

Image credit: www.moovita.com/home

More countries are starting to innovate their transportation sector by adopting automated vehicles or self-driving cars.  Reports indicate that an autonomous vehicle start-up recently secured multimillion-dollar funding to boost its production and operations in the country.

An autonomous car is a vehicle capable of sensing its environment and operating without human involvement. A human passenger is not required to take control of the vehicle at any time, nor is a human passenger required to be present in the vehicle at all. An autonomous car can go anywhere a traditional car goes and do everything that an experienced human driver does.

Autonomous cars create and maintain a map of their surroundings based on a variety of sensors situated in different parts of the vehicle. Radar sensors monitor the position of nearby vehicles. Video cameras detect traffic lights, read road signs, track other vehicles, and look for pedestrians. Lidar (light detection and ranging) sensors bounce pulses of light off the car’s surroundings to measure distances, detect road edges, and identify lane markings. Ultrasonic sensors in the wheels detect curbs and other vehicles when parking.

Sophisticated software then processes all this sensory input, plots a path, and sends instructions to the car’s actuators, which control acceleration, braking, and steering. Hard-coded rules, obstacle avoidance algorithms, predictive modelling and object recognition help the software follow traffic rules and navigate obstacles.

The high-tech start-up in Singapore specialises in providing “vehicle agnostic” driverless software solutions for the urban environment and strives to be a leader in Asia-Pacific. The company is headquartered in Singapore, with offices in Malaysia and India. It is currently in discussions to expand to Europe and other APAC countries. The tech company is developing a component-based driverless software solution, which turns certain vehicles into autonomous vehicles, able to be deployed in different applications, such as first/last-mile transportation, logistic transportation, & utility solutions.

The tech company aims to revolutionise how people move around by building a brand-independent, cost-effective, fully autonomous and internet-enabled vehicle platform.

The tech’s target markets are the following:

  • Hotels, resorts and theme parks
  • Industrial parks, commercial offices and residential estates
  • First and last-mile solutions

The company plans to use the new capital to accelerate the development, commercialisation, and international expansion of its driverless product. This involves deploying the solutions for public transportation and the urban environment, falling in line with the Sustainable Singapore Blueprint goal to achieve a cleaner and greener transport system in the city-state by 2030. The tech company is planning to replace existing infrastructure and develop innovative business solutions to make transportation sustainable through the adoption of clean and environmentally sound technologies.

Singapore’s Sustainable Blueprint says that integrated planning entails planners making use of digital planning tools to model future land-use scenarios using data from the whole of government. Singapore also embraces new and innovative technologies to explore new frontiers where no other city has gone before. The country embarked on ambitious projects such as the underground Deep Tunnel Sewerage System that crisscrosses the country to channel used water to centralised water reclamation plants. Singapore will be one of the first countries in the world to implement satellite-based electronic road pricing to manage traffic congestion.

Dynamic urban governance, meanwhile, means leading with vision and pragmatism, underpinned by a culture of integrity in the public service, and strong institutions with well-thought-out systems and processes. Government agencies engage the public and community groups, giving people a stake in their city’s long-term good. The agencies also work with the private sector to address certain gaps efficiently.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend