Terminus Group announces two strategic agreements in Singapore as developing Southeast Asia market
Global leader in AIoT driving international business from new regional HQ, in Dubai
Dubai, UAE, 16 June 2022: Terminus Group, the global smart solutions services provider, has today announced the signing of two agreements, with partners in Singapore, which will promote and support digital and sustainable development through its world-leading technologies and AI CITY solutions, across two keys projects – Punggol Digital District, Singapore’s first truly smart district, and the Singapore Land Transport Authority.
Following its official premier partnership with Expo 2020 Dubai, Terminus Group established its first international HQ in Dubai, UAE, with the aim of overseeing its strategic global expansion, which includes two new relationships established, in Southeast Asia.
The purpose of the agreement with the partner in Singapore for Punggol Digital District (PDD) is to create a benchmark pilot project of “low-carbon digital city” by applying Terminus Group’s advanced AIoT technologies. PDD will not just house the key growth industries of the digital economy, it will also be an inclusive and green lifestyle destination for the surrounding community. Terminus Group will help customize PDD’s digital management interface and standard operating procedures (SOPs) for automatic response and processing of emergencies. This will develop the district’s management system through its IoT technologies and provide integrated carbon neutralization solutions, based on Terminus Group’s proprietary technology platform, TacOS, and offer AI CITY solutions across four scenarios: single building, community, parks, and urban areas. This will be instrumental in accelerating a low-carbon process across the district, as a whole.
With regards to fulfilling operational requirements for Singapore Land Transport Authority (LTA), via the solution partner, Terminus Group will look to support LTA’s digital transportation development and low-carbon processes through the application of its AI technologies. The result of which will enhance analytical capabilities for vehicle number plates and accelerate the dynamic capture of parking motion, in addition to promoting the efficient smart process of management platforms.
Commenting on the recent deals, Victor AI, Founder and CEO of Terminus Group, said: “The two Singapore-based agreement signings both demonstrate our growing international footprint and lay out the foundation for further business being developed out of Singapore and Southeast Asia this year.”