Extension of Existing Smart Parking Solution

As part of the MoU, the parties 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.

With Penang as pioneers in this space, this initiative will continue the close collaboration with the Penang State Government as the key stakeholder in ensuring that the solutions deployed keep the Rakyat safe and informed, bring savings for the local councils and a consolidated view for better city management.

Both Companies Play Key Role in Achieving Smart City Ambition

Prashant Pathmanaban, CEO of Xperanti, commented "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."

Xperanti's collaboration with 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.

Muniff Kamaruddin, Chief Executive Officer of EdgePoint Towers Sdn Bhd, added, "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. 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."

Hashtag: #EdgePoint #Xperanti

References

1. ^{^} Media OutReach (www.media-outreach.com)