Japanese firm Azbil Corporation announced that it has started developing new digital solutions for use with intelligent building management systems (IBMS), with support from the Singapore Economic Development Board (EDB).
“In recent years, as modern cities are being transformed into smart cities, solutions are being developed in siloes—in other words, in isolation—which hinders both cross-sector information-sharing and the overall benefit such solutions can offer society. Against this backdrop, Azbil has started a technological development project for developing new IBMS digital solutions that combine AI and big data,” the company said in a release.
The new digital solutions aim to improve the safety of buildings and occupants, increase convenience and energy efficiency, and reduce operational costs and buildings’ impact on the environment. This will be accomplished through an infrastructure that enables the status of the building and occupants to be checked and managed remotely, the company said.
“We are pleased that Azbil Corporation is advancing its innovation and digitalization capabilities in Singapore,” said Linda Sein, SVP Investment Facilitation, EDB. “Azbil’s development of smart technologies and infrastructure in Singapore reflects the country’s strengths in innovation and R&D for urban solutions and demonstrates our value in helping companies innovate and test-bed solutions for smart cities.”
“Azbil Corporation will invest and move forward with the state-of-the-art innovation project of developing digital solutions for lBMS, with such significant support from Singapore’s Economic Development Board in response to rapidly increasing demands for digital transformation and smart solutions that leverage AI and big data,” said Takayuki Yokota, Azbil’s CFO and senior managing executive officer in charge of global corporate communication.
Azbil’s Singapore showroom is scheduled to exhibit conceptual images of the new digital solutions for IBMS as well as remote building operation and management.