Singapore, 25 June 2018 - ST Engineering’s Electronics sector will unveil its Artificial Intelligence (AI) capabilities at ConnecTechAsia, Marina Bay Sands from 26 to 28 June, sharing insights that aim to help governments and enterprises in the transformation of their cities and industries through the adoption of smart technologies. With global AI expenditure forecasted to reach US$57.6b by 2021*, AI has been identified as one of the key strategic capabilities and long-term growth levers for ST Engineering.
Advancing AI Capability Development and Driving AI Adoption for Customers
To reinforce the need of businesses to relook, rethink and reengineer themselves in the face of technology shifts, ST Engineering Electronics is organising its annual Technology Seminar themed “Empowering Smart Cities through AI” to share with its enterprise and government clients, the critical knowledge to drive digital transformation through the power of data analytics and AI.
Held in conjunction with ConnecTechAsia, the exclusive seminar will feature global speakers, comprising AI practitioners, researchers and innovators from the US, Israel, China, and Singapore. These include Prof Isaac Ben-Israel, Chairman of Israel Space Agency & Israel National Council for R&D and coined as “the General who positioned Israel to win in $175b cybersecurity market” by Forbes, as well as Jeff Jonas, Founder & CEO of Senzing and popularly known as the “Wizard of Big Data” who mines the data warehouse in his head and uses it to detect the cleverest of bad actors such as potential terrorists and fraudulent behaviour in casinos.
Other expert speakers include Dr Derek Wang, Chief Cloud Architect of Alibaba Cloud International, Dr Wu Shuang, Research Scientist of Yitu Technology, and Bill Lee, Co-Founder & Managing Director, Azendian Solutions.
Transforming Key Industries such as Maritime with AI and Smart Analytics
ST Engineering Electronics also announced its collaboration with Alpha Ori, a maritime technology solution provider, to develop the Next Generation Vessel Operations Control Centre (NGVOCC) for Synergy Marine Group, a global ship management service provider.
Equipped with machine learning capabilities and Internet of Things (IoT) cloud-based technology, the NGVOCC enables real-time monitoring of ships and sea conditions; anticipatory knowledge and predictive maintenance capabilities for decisive yet collaborative decision-making; and comprehensive maritime awareness for safe, efficient vessel management.
When fully deployed for its launch customer, Synergy Marine Group, the VOCC will potentially enable the safe and smooth passage of some 500 ships globally (refer to Annex A for details).
In addition to the maritime industry, ST Engineering Electronics with its advanced data analytics capabilities, have already shaped the global rail, fleet management and aviation industries, empowering clients in these industries to stay competitive in the face of sweeping technological disruptions.
Frontier Technologies and Innovative Solutions on Showcase at ConnecTechAsia
In further affirmation that ST Engineering’s Smart City growth plan is steadily gaining traction, ST Engineering Electronics is showcasing its vast prescriptive, predictive and descriptive data analytics capabilities that are facing high market demand, at ConnecTechAsia. Key exhibit highlights include:
For more details of the exhibits on showcase, refer to Annex B.
Notes to editor:
* Retrieved from International Data Corporation’s Spending Guide released on 25 September 2017.
Following ST Engineering’s group-wide exercise to harmonise all its corporate brands by using "ST Engineering" as its masterbrand, ST Electronics is now known as ST Engineering Electronics. To find out more, please visit http://www.stengg.com/news/masterbrand.
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 more than 100 countries. Its employees bring innovation and technology together to create smart engineering solutions for customers in the defence, government and commercial segments. Headquartered in Singapore, ST Engineering reported revenue of S$6.62b in FY2017 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.
The Electronics sector specialises 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 Defence 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.
AVP, Corporate Communications
Tel: (65) 6722 1689
Assistant Manager, Corporate Communications
Tel: (65) 6722 1681