Singapore's Nanyang Polytechnic Partners on IIoT

Published by The Daily Scout

What happened

Technology solutions provider ThinkPalm Technologies has announced a strategic collaboration with Nanyang Polytechnic (NYP) in Singapore. The partnership aims to drive innovation in the Industrial Internet of Things (IIoT) and promote digital sustainability.

Why it matters

- The first phase of the partnership involves deploying ThinkPalm's IIoT system at Nanyang Polytechnic's Green Data Centre. This will serve as a real-world model to demonstrate how IIoT can optimize energy consumption and reduce the carbon footprint of data centers. - Nanyang Polytechnic is home to the Centre of Innovation for Electronics & Internet of Things (COI-EIoT), which it jointly established with Enterprise Singapore in 2008 to co-create end-to-end solutions with industries using technologies like IoT and AI. - The technology at the core of this collaboration is ThinkPalm's cloud-native IIoT platform, NetvirE, which is designed to drive digital transformation across various industries, including energy, manufacturing, and logistics. - This collaboration aligns with Singapore's national goals, such as the Singapore Green Plan 2030, which aims for a whole-of-nation movement to advance sustainable development. - The Singapore Industrial Internet of Things (IIoT) market was valued at over USD 2.9 billion in 2020 and is projected to grow at a compound annual growth rate of 14.08% through 2032. This growth is partly driven by government initiatives like the Smart Nation program. - A key component of the partnership is talent development, with plans for internship programs to give students hands-on experience with IIoT technologies, guided by ThinkPalm's engineering experts. - Future phases may see the IIoT deployment expand to NYP's School of Engineering classrooms and specialized labs, as well as joint projects with government and other industry players.

Key numbers

  • Nanyang Polytechnic is home to the Centre of Innovation for Electronics & Internet of Things (COI-EIoT), which it jointly established with Enterprise Singapore in 2008 to co-create end-to-end solutions with industries using technologies like IoT and AI.
  • This collaboration aligns with Singapore's national goals, such as the Singapore Green Plan 2030, which aims for a whole-of-nation movement to advance sustainable development.
  • The Singapore Industrial Internet of Things (IIoT) market was valued at over USD 2.9 billion in 2020 and is projected to grow at a compound annual growth rate of 14.08% through 2032.

What happens next

  • This will serve as a real-world model to demonstrate how IIoT can optimize energy consumption and reduce the carbon footprint of data centers.
  • This collaboration aligns with Singapore's national goals, such as the Singapore Green Plan 2030, which aims for a whole-of-nation movement to advance sustainable development.
  • A key component of the partnership is talent development, with plans for internship programs to give students hands-on experience with IIoT technologies, guided by ThinkPalm's engineering experts.

Quick answers

What happened in Singapore's Nanyang Polytechnic Partners on IIoT?

Technology solutions provider ThinkPalm Technologies has announced a strategic collaboration with Nanyang Polytechnic (NYP) in Singapore. The partnership aims to drive innovation in the Industrial Internet of Things (IIoT) and promote digital sustainability.

Why does Singapore's Nanyang Polytechnic Partners on IIoT matter?

The first phase of the partnership involves deploying ThinkPalm's IIoT system at Nanyang Polytechnic's Green Data Centre. This will serve as a real-world model to demonstrate how IIoT can optimize energy consumption and reduce the carbon footprint of data centers. Nanyang Polytechnic is home to the Centre of Innovation for Electronics & Internet of Things (COI-EIoT), which it jointly established with Enterprise Singapore in 2008 to co-create end-to-end solutions with industries using technologies like IoT and AI. The technology at the core of this collaboration is ThinkPalm's cloud-native IIoT platform, NetvirE, which is designed to drive digital transformation across various industries, including energy, manufacturing, and logistics. This collaboration aligns with Singapore's national goals, such as the Singapore Green Plan 2030, which aims for a whole-of-nation movement to advance sustainable development. The Singapore Industrial Internet of Things (IIoT) market was valued at over USD 2.9 billion in 2020 and is projected to grow at a compound annual growth rate of 14.08% through 2032. This growth is partly driven by government initiatives like the Smart Nation program. A key component of the partnership is talent development, with plans for internship programs to give students hands-on experience with IIoT technologies, guided by ThinkPalm's engineering experts. Future phases may see the IIoT deployment expand to NYP's School of Engineering classrooms and specialized labs, as well as joint projects with government and other industry players.

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