Will be powered by the latest technologies and 5G connectivity.
Singapore has invested committed up to S$10 million towards the Smart Urban Co-Innovation Lab, one of Southeast Asia’s first industry-led lab for smart cities solutions development.
The plans were initiated by CapitaLand and supported by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore (ESG).
The Smart Urban Co-Innovation Lab will bring together leaders in the smart cities space to co-create and test innovations with local built environment and technology enterprises in a live environment at CapitaLand’s 5G-enabled Singapore Science Park.
CapitaLand, together with its industry partners, has committed up to S$10 million in the Lab as a start to catalyse development and deployment of smart cities solutions in Singapore and overseas.
The Smart Urban Co-Innovation Lab, powered by the latest technologies and 5G connectivity, is set to benefit some 200 companies in Singapore over the next three years. Located at The Galen at Singapore Science Park, the Smart Urban Co-Innovation Lab is envisioned to be a key nexus of business partnerships and opportunities.
The Lab will function as a resource integrator of various ecosystem players – local technology startups, system integrators and global corporate enterprises – to co-create solutions for smart cities, from ideation to testing to commercialisation. This collaborative model provides a platform for local and overseas companies to exchange ideas, identify opportunities for new business models and innovations, as well as facilitate deployment of smart cities solutions.
Currently, the Lab has secured 30 industry players such as Amazon Web Services, Cisco Systems, Johnson Controls, Microsoft, MooVita, NavInfo DataTech, Schneider Electric, SPTel, TPG Telecom and Vizzio.AI, to commit to partnering local firms to co-innovate, test ideas in the Lab or pilot trials at the 55-hectare Singapore Science Park, the largest site in Singapore for trials of smart cities solutions.
The Lab will focus on six key industry verticals of advanced manufacturing, digital wellness, intelligent estates, smart mobility, sustainability, and urban agriculture.
