Leveraging 5G and IoT to help customers transform business operations
Singapore – 6 June, 2019 - ST Engineering today announced that it has entered into a partnership agreement with Nokia on key technology areas such as 5G and Internet of Things (IoT). The collaboration will allow both companies to cross sell their solutions, expanding their business offerings to their public and private customers. The joint solution portfolio will place both companies in a better position to pursue untapped business opportunities, as customers get to benefit from a more comprehensive set of technology and connectivity solutions. Some of these solutions include 5G, analytics and automation that will help to enhance their business operations.
ST Engineering will resell Nokia’s internet protocol (IP), optical networking and wireless broadband solutions which include 5G, last-mile and analytics. Nokia will in turn incorporate ST Engineering’s Very Small Aperture Terminal (VSAT) and cybersecurity solutions in its global project offerings.
Mr Ravinder Singh, President of Electronics, ST Engineering, said, “We have partnered with Nokia on optical networking projects and have successfully delivered projects across the transport and public sectors for more than 15 years. It is timely to expand our collaboration and we are excited about the possibilities this joint approach will bring. Putting together our complementary strengths and capabilities, we will be able to help more customers leverage the benefits of connectivity to transform their business operations.”
Rajeev Suri, President and Chief Executive Officer, at Nokia, said, “We welcome ST Engineering to the Nokia Global Partner Program and look forward to reaching new customers in Asia Pacific and Japan, a market with vast opportunities. The programme is a strong complement to our salesforce and helps to make our broad portfolio of innovative solutions easily available to clients in the transport and public sectors.”
The partnership covers dynamic markets such as Singapore, Malaysia, Thailand, Vietnam, Philippines, Indonesia, Taiwan, Australia and New Zealand, with plans to expand the joint portfolio beyond the Asia-Pacific region in the future.
ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in the defence, government and commercial segments in more than 100 countries. With more than 500 smart city projects across 70 cities in its track record, the Group continues to help transform cities through its suite of Smart Mobility, Smart Security and Smart Environment solutions. Headquartered in Singapore, ST Engineering reported revenue of $6.7b in FY2018 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index. For more information, please visit www.stengg.com.
The Electronics sector specializes in the design, development and delivery of Information and Communications Technology (ICT) products, solutions and services addressing the needs of Smart Cities for Connectivity, Mobility and Security. Its deep technological and engineering expertise straddles business domains in Rail & Road Engineering, Satellite Communications, Public Safety & Security, Cybersecurity, Artificial Intelligence, Training & Simulation, Managed Services and Defense C4ISR. It has presence in more than 30 global cities across North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stengg.com.
Assistant Vice President, Corporate Communications
Tel: (65) 6722 1689
Assistant Manager, Corporate Communications
Tel: (65) 6722 1681