Market Insight

Top 3 takeaways from Singapore Smart City Profile

November 28, 2016  | Subscribers Only


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Singapore has embarked on a very ambitious agenda in order to become a smart nation using information and communication technologies (ICT) and internet of things (IoT) technologies to solve its pressing problems. The city-nation launched many initiatives and pilot projects, from self-driving cars and electronic road pricing schemes to smart waste management.

The city is a microcosm covering an area of 715 square kilometres. One of the main consequences of this is that Singapore cannot side step its problems but needs to confront those by developing successful innovative solutions. For instance the limited land availability paired with a high number of vehicles cause issues in the mobility and transport sector. Other limited resources such as available fresh water have also pushed the government to use IoT technologies to improve efficiencies and citizens’ wellbeing.

Singapore is well on its way to becoming truly smart and we identified three key aspects intrinsic to its transformation:

Data is the underlying web supporting the growth of a smart city:

Underlying most of the development of the city is a well extended web of data which conveys into the Singapore Smart Nation Platform (SNP). Briefly, the SNP is an infrastructure built to strengthen the city’s connectivity as well as the city’s ability to share data between different vertical silos. The SNP creates the possibility for multiple solutions. Singapore also developed a virtual platform feeding on numerous data sources and allowing the public and private sector to develop solutions and run concepts and services on it. [...]

Mobility and transport is a key vertical for radical innovation:

Around 12% of Singapore’s territory is occupied by roads. However, with limited space, expanding the road network is not a feasible solution. Furthermore, a growing population and around 1 million motorised vehicles on the street are pressing the city to develop new solutions to optimise its mobility and transport system.

On this background the city has focused, among other initiatives, on self-driving cars projects as the future of urban mobility and transportation. [...]

An aging population creates the need for alternative health solutions:

Another endemic problem for Singapore is an aging population which drives the city need to find effective health related initiatives. Within the smart city market the health sector has a great potential but also has great challenges. Successful solutions would not only help the city with its problem, but would also create replicable success stories for other cities around the globe which are facing similar problems. [...]

 

Geography
Singapore
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