PR Newswire
08 Jun 2022, 10:06 GMT+10
SEOUL, South Korea, June 8, 2022 /PRNewswire/ -- Cloud delivery platform company, Bespin Global(https://bespinglobal.com, CEO HanJoo Lee) announced on June 8th that its Vietnamese subsidiary - Bespin Global Vietnam, a local subsidiary of Daewoo Engineering & Construction - THT Development Company, and Hanoi Power Corporation - EVNHANOI, recently signed an MOU for AMI(Advanced Metering Infrastructure, intelligent remote meter reading infrastructure) pilot project in Star Lake New Town.
The MOU was signed to upgrade the system and provide benefits to users by introducing a pilot infrastructure applied with AMI within Star Lake New Town in Hanoi, Vietnam, which is independently created by Daewoo Engineering & Construction. This will not only improve convenience, but also enable the collection, analysis, and integrated operation of data, which will take a step forward in the implementation of a true Smart City. The AMI, under the direction of the Prime Minister of Vietnam, is a pilot project that the Vietnam Electricity Corporation is pursuing in two regions(Hanoi and Ho Chi Minh City) by 2025. It is expected to become one of Vietnam's core technology standards in the future by being linked to the Smart City Data Integrated Management Platform(THT-BESPIN SMART CITY HUB) jointly built and operated by Bespin Global and THT Development.
Through the cooperation of three organizations, it is possible to analyze the trend of power use by hour, day, and month along with monitoring power usage. In addition, based on real-time data, existing collected data, and weather forecasts, it is also possible to predict the power consumption of residents, buildings and cities as a whole, and the power optimization method is also automatically supported.
This MOU is especially meaningful since Korean private companies support the core platforms for data collection, integration and analysis, and have achieved cooperation in terms of open innovation with Vietnamese state-owned company. It is expected to contribute to the creation of a new business model based on data in the future, as well as serve as a stepping stone for the establishment of a Smart City standardization model.
Nguyn Danh Duyn, General Director of EVNHANOI said, "By applying AMI's Industry 4.0 application technology, we can build a customer management ecosystem. We will be able to efficiently manage customers with self-monitoring, daily power production monitoring, and self-calculation of electricity bills which will help to improve customer satisfaction."
An Kuk-jin, General Director of Daewoo E&C THT Development, said, "By jointly establishing AMI infrastructure with Hanoi Power Corporation in the central area of the Star Lake City project, a foundation for providing safe and stable power has been established. This is the most basic and important element of Smart City, and it is one of the successful cases of applying the data-based 'Smart City 2.0 Standard Model' developed by Daewoo Engineering & Construction and Bespin Global to the public sector." He added that "This partnership will be a very meaningful step towards expanding the 'Smart City 2.0 Standard Model' that organically connects cities, operates on a data basis, and continues to create new values."
Ted Kim, General Manager of Bespin Global Vietnam, said, "In order to provide users with high-quality Smart City services, it is essential to build a platform for the collection and analysis of a large number of data generated by facilities and services." He stressed that "Based on Bespin Global's technology and vision for a smarter world, we will take the lead in fostering innovative industrial models and providing more convenient and pleasant lives to citizens by integrating and analyzing the data generated in cities."
SOURCE Bespin Global
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationCHICAGO/WASHINGTON, D.C.: Farmers and food groups across the U.S. are laying off workers, stopping investments, and struggling to get...
SIOUX FALLS, South Dakota: A new South Dakota law banning the use of eminent domain for carbon capture pipelines has cast doubt on...
WASHINGTON, D.C.: Officials working on diversity and inclusion programs at the U.S. Office of the Director of National Intelligence...
WASHINGTON, D.C.: The U.S. Centers for Disease Control and Prevention (CDC) is planning an extensive study on possible links between...
WASHINGTON, D.C.: The U.S. weather agency, NOAA, plans to lay off 1,029 workers following 1,300 job cuts earlier this year. This...
SANTA FE: New Mexico: A New Mexico resident who died recently tested positive for measles, marking the state's first measles-related...
SEATTLE, Washington: Boeing has revamped its employee incentive plan, tying annual bonuses for more than 100,000 workers to overall...
WINNIPEG, Manitoba: Farmers in the U.S. and Canada are bracing for soaring fertilizer prices as trade tensions escalate between the...
NEW YORK, New York - A slightly lower-than-expected CPI reading for February helped U.S. stocks to stabilize after some relentless...
NEW YORK CITY, New York: New York's office market is showing signs of a comeback as major investors, including Blackstone, scout for...
NICOSIA, Cyprus: Cyprus' ancient Commandaria wine, praised for its rich heritage dating back nearly 3,000 years, is making a comeback...
SAN FRANCISCO, California: Shares of DoorDash, Williams-Sonoma, Expand Energy, and TKO Group surged in extended trading on March 7...