Xperanti and EdgePoint collaborate to explore business opportunities beginning in Penang. The collaboration marked by the sealing of a Memorandum of Understanding (MoU) between Xperanti IoT and EdgePoint Towers.
Under the MoU, both parties aim to create an ecosystem merging both IoT solutions and intelligent telecommunications infrastructure – and will play a part in realising Penang’s Smart City ambition.
Both parties, as part of the MoU, will explore the opportunity to extend their existing partnership on the Penang Parking Application that will allow the integration of future IoT technologies such as flood monitoring solutions, air quality monitoring and energy conservation solutions. The current Penang Parking Application is run entirely on a Sigfox network, applied on 36,000 bays across Penang state.
“IoT offers possibilities for municipalities to address urban city challenges by supporting decision-making via the detection of key metrics such as parking availability, traffic movement and water levels along with city-wide energy conservation applications through real-time monitoring and data-driven decision-making capabilities. To strengthen the value offering, the solutions deployed will be cost-effective for the local council and, more importantly, keep the Rakyat informed across many areas of public safety and updates via the unified app,” Prashant Pathmanaban, CEO of Xperanti, remarked.
The collaboration between Xperanti and EdgePoint will enable support for and growth of services in the Penang region, with a focus on intelligent infrastructure, scalability of the business model, and innovation and futureproofing.
“In line with our aim to be a leading digital and telecommunications infrastructure provider for the 5G age, this collaboration with Xperanti will further enable us to expand our scope of next-generation connectivity solutions, tailored to suit conditions on the ground where we have a presence,” Muniff Kamaruddin, Chief Executive Officer of EdgePoint Towers said.
“We will continue our focus on driving a leading-edge industry position through the provision of innovative and scalable infrastructure solutions, reinforced with analytics and digital technologies, for quick pivoting and adaptability amidst a landscape in flux,” Kamaruddin added.
