The Internet of Things (IoT) refers to the network of items and devices, from home appliances to vehicles, embedded with software and sensors that enable them to connect, collect and exchange data. This helps create value based on information and data from everyday objects.
A living, breathing, dynamic network
IoT is both a significant industry vertical as well as a horizontal enabler for every other sector. It combines Information Technology , Telecommunications, Big Data and Analytics to enable the creation of business value for sectors from public health and transportation to logistics and navigation.
IoT is not just about being connected to multiple devices, but connecting them to a living, breathing, dynamic network. It helps deliver enhanced products for consumers, improve work processes and public services, and bring about better living experiences for everyone.
Growing the IoT ecosystem in Singapore
To support efforts to transform and enhance different industry sectors through IoT, IMDA is working on the following:
Catalysing NB-IoT development
IMDA has been working toward developing cheaper and longer-lasting sensors for a wide variety of applications, from water usage and logistics to energy. By tapping on Low Power Wide Area Network (LPWAN) technologies such as NarrowBand IoT (NB-IoT), sensors can be deployed to places without power access, thereby reducing costs.
Developing IoT clusters around platforms and verticals
Leveraging Singapore’s strength as MNCs’ regional headquarters, IMDA has been working with key industry players to facilitate partnerships amongst local companies and MNCs to enhance the IoT ecosystem.
Developing facilitative policies to address fundamental enablers
With the advent of IoT developments, issues of safeguarding personal data and managing cyber threats have become increasingly important. As such, IMDA will work with the industry to develop policies to address these key challenges.
IoT’s practical applications
Increase productivity through operational efficiency and address manpower shortage
E.g. Industrial IoT (IIoT), RFID technology
Optimise healthcare delivery and offer lifestyle convenience
E.g. Vital Signs Monitoring, Tele-rehabilitation solutions
Safety & Security
Improve food safety and safeguard security
E.g. Active sensor tags, networked CCTVs
Singapore-based IoT companies accredited by IMDA
An IoT platform that manages data from a multitude of sensors, enabling companies to build smarter mobility applications.