SkyLab of Singapore and COOL.DE of Chongqing are combining their expertise in Industrial Internet of Things (IIoT) and big data analytics respectively to create cutting-edge IIoT data analytics solution for smart buildings, smart factories and smart city application.
The two companies formalised their partnership through a memorandum of cooperation that was signed at the Smart China Expo 2019 being held this week in Chongqing, China.
The companies will be using the SkyLab Transport Accelerator (STA), multi-protocol middleware (IGX™), Multi Edge Computing architecture (MEC), Data Logistics Cloud (DLC™) and COOL.DE big data analytics platform to develop the IIoT solutions.
"Conventional data transfer largely relies on caching and compression technologies in the hope of accelerating data flow. This, however, would not work well with the massive volume of and time-sensitive small data packages generated by mission-critical Industrial Internet of Things (IIoT) devices,” said Stephen Ho, COO, SkyLab Holding.
He noted that SkyLab’s STA highly advanced algorithms have been proven to work in a variety of communication environment in the secured and accelerated transmission of such mission critical data.
STA revolutionalises how data are being delivered across the Internet. It is able to accelerate the transfer of data through unpredictable wireless networks by analysing real-time traffic and routing conditions to find the fastest route between the data source and destination on cellular, satellite and IoT radio networks. Its advanced adaptive congestion control, which is able to predict the network’s condition 20ms ahead of time, helps regulate the amount of data sent, avoiding bottlenecks and ensuring a smoother transfer of data.
Consequently, the STA is able to reduce network latency, increase throughput, optimise the transport layer performance and hence reduce overall network congestion.
“This key piece of technology complements COOL.DE’s expertise in big data analytics and allows the partnership to offer secured and real-time large-scale analytics to the China market,” Ho said.
He added that SkyLab, together with COOL.DE, looks forward to exploring different application scenarios and business models in the Chinese market.
"The crux of the IIoT business model is premised on the diversified usage of real-time data to provide actionable insights,” Ho said. “SkyLab currently works with clients across varied industries and countries, ranging from green energy, smart cities and buildings to maritime, in that regard.”