California-based firm Vantiq announced a partnership agreement with Singaporean company PrimusTech for the development and deployment of real-time applications to boost digital transformation in hospitals and commercial buildings.
PrimusTech is an established system integrator based in Singapore, which focuses on the provision, design and implementation of integrated control and automation systems as well as IT-enabled cloud solutions specially developed for the building industry. Vantiq, meanwhile, is a platform designed for application development that allows developers to integrate real-time data sources – from cameras to sensors and other edge devices – in order to create apps that monitor assets, events, people and environments while reducing development costs significantly and allowing rapid enhancement in production. The company says it powers a broad array of applications for smart cities, smart buildings, oil and gas, telecom, healthcare and other industries.
The collaboration between the companies will focus on PrimusTech’s ongoing initiatives around smart buildings and smart healthcare in Singapore and elsewhere. The Asian company specializes in the design, manufacture and installation of integrated control and automation systems in smart buildings.
The deployment of Vantiq’s technology will allow building operators to cut costs as they more efficiently optimize performance with predictive maintenance. Building operators will also benefit from new insights, allowing them to drill down on data metrics such as foot traffic or retailer performance and average visitor dwell time, the partners said.
At the same time, hospitals using Vantiq’s real-time reporting platform will be able to more accurately manage their assets while responding with more alacrity to alerts about patients who find themselves in distress.
“We’re excited to be working with one of the pacesetters in the digital transformation of buildings,” said Marty Sprinzen, co-founder and CEO of Vantiq. “Our technology platform helps to analyze streaming data from new and existing IoT devices, enterprise systems, cameras and more to foster real-time situational awareness on the edge and build smart building applications ten times faster than anything else in the industry.”
“We look forward to adding Vantiq platform to our suite of solutions and offer higher value to our customers,” said PrimusTech CEO Amanda M. J. Shen. “We believe that Vantiq’s capabilities will be instrumental in establishing our position as a pioneer in the digital transformation of organizations around the globe.”