Singapore Technologies Engineering (ST Engineering) says its non-intrusive AGIL Smart Lift Monitoring solution will be installed in lifts in Singapore from 2021.
The installation of the solution, which will take place progressively, is one of the largest scale deployments of a smart lift monitoring solution to date.
The solution enables round-the-clock remote lift status monitoring and diagnostics. It provides centralised, real-time visibility of lift operations across different manufacturer brands, models and locations to the building owner, as well as lift operators and technicians.
See also: ST Engineering's current share price weakness an opportunity to accumulate: RHB
The solution is co-developed with Henning GmbH & Co, an established lift measurement device manufacturer.
“The AGIL Smart Lift Monitoring solution provides unparalleled transparency of lift performance data which will significantly change the way lifts are being maintained, delivering improved reliability, safety and productivity while alleviating the industry’s manpower issues,” says Yao Shih Jih, head of smart utilities and infrastructure at ST Engineering.
“The AGIL Smart Lift Monitoring solution is a great example of how our innovations are helping industries digitalise to create new value and seize new possibilities,” he adds.
As at 4.27pm, shares in ST Engineering are trading 4 cents lower or 1.05% down at $3.76.
Photo: Albert Chua/The Edge Singapore
