OPERATING REVIEW AND OUTLOOK TRANSFORMING SATELLITE NETWORK DEPLOYMENT WITH INTUITION We continued to invest in Intuition, our nextgeneration ground system designed for multi-orbit environments. Intuition integrates our trusted satcom technologies with future-focused, cloud-based, standards-compliant, multi-orbit solutions that enable satellite operators and service providers to scale effortlessly and streamline operations while maintaining exceptional service quality. In September, we rolled out our lab release of Intuition, a critical step toward its general availability in 2025. This allowed customers to test and integrate Intuition within their network environments and plan for its advanced capabilities that include: • Cloud migration • Standards-based, cloud-native Network Management System • Increased mobility and multi-orbit functionality • Best-in-class technologies • Investment protection Intuition is designed to support the needs of operators launching software-defined satellites in the future and we continue to actively engage with customers to capture new opportunities. Our continuous effort in advancing Intuition reflects our commitment in meeting the evolving demands of the satcom industry. OUTLOOK URBAN SOLUTIONS The 2025 outlook for the smart city segments we serve remains positive, fuelled by continued urbanisation, technology advancements and the growing adoption of public-private partnership models to address urban challenges. Rapidly urbanising regions such as Asia, the Middle East and Latin America where we have a strong presence, are set to lead this growth. As cities turn to innovative technologies to tackle challenges in transportation, resource management and sustainability, AI and GenAI, which power these technologies, will play a significant role in shaping future cities. Aligning with this trend, our R&D focuses on leveraging AI and GenAI to develop efficient, nextgeneration smart city solutions that enable personalised, data-driven decision making. Mobility is a cornerstone of urban development, and cities will continue investing in rail and road infrastructure to enhance connectivity, liveability and operational efficiency. The shift to green mobility will also accelerate initiatives such as Green Zones, congestion charging, Intelligent Transport Systems (ITS) and vehicle electrification. These trends present opportunities for our Smart Mobility business in advanced smart metro systems, tolling and congestion pricing, urban traffic management and public transit electrification. To capture these opportunities, particularly in Southeast Asia and the U.S., we will continue to sharpen our go-to-market strategy to secure strategic mobility wins and expand into new tolling and ITS markets. ... our R&D focuses on leveraging AI and GenAI to develop efficient, next-generation smart city solutions that enable personalised, data-driven decision making 42 ST ENGINEERING | ANNUAL REPORT 2024
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