ST Electronics

According to a new market research report, Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021, published by MarketsandMarkets, the global automated fare collection (AFC) market is estimated to grow from US$6.42 billion in 2016 to US$11.95 billion by 2021, at an estimated compound annual growth rate (CAGR) of 13.2 per cent. Automated fare collection applications

ST Electronics (Info-Comm Systems) and IBM Singapore have signed a Memorandum of Understanding (MOU) to collaborate and explore opportunities to leverage transport data analytics to promote smarter mobility. The MOU will enable both companies to develop a mutually beneficial partnership into new strategic growth areas in transport data analytics for exchange technical dialogue around their products and capabilities, specifically on the use of smart analytics for urban mobility solutions. They will explo

Singapore’s Land Transport Authority (LTA) has awarded a consortium of ST Electronics and Trapeze Switzerland a contract to supply, install and commission an Intelligent Bus Management System with a total value of about US$54 million. Currently, both local transport operators, SBS Transit and SMRT, use separate bus fleet management systems to manage their daily bus operations and provide bus arrival information to commuters. This new system will provide a unified solution for operations control, fleet

Singapore’s Land Transport Authority (LTA) is expected to call a tender for the installation of the next generation of electronic road pricing (ERP) system as early as the first half of 2014. Although there is potential for it to go island-wide, initially the ERPII system will utilise the current network of some 70 gantries, charging drivers each time they pass a gantry. If all goes well, a satellite-based system, which charges motorists for the distance they travel in the priced zones, will be up and r

Singapore-based ST Electronics has been awarded transportation contracts valued at a combined total of US$156.21 million. The company is to implement the second phase of the Expressway Monitoring and Advisory System (EMAS) on major arterial roads under a contract awarded by the Land Transport Authority (LTA). Under this project, which is due to be completed by 2014, the EMAS will be expanded to four major arterial corridors in the island republic that serve as the expressways' alternative routes. In another

ST Electronics of Singapore has been awarded contracts valued at a total of SGD 58 million (US$46.84 million) to carry out infomation-security and ITS projects. Under the info-security projects, which are worth SGD 28mn, ST Electronics will implement solutions and devices for a national infrastructure project, as well as event management and security incident systems.