interpol-world-2015

Homegrown security innovators

Three local SMEs are leading the way in developing security related technologies for organizations both in Singapore and overseas.

V3 SMART TECHNOLOGIES KEEPING TRACK OF FLEET, STAFF

V3 Smart Technologies was founded in 2002 by a couple of individuals with engineering, logistics and IT backgrounds who were working for an angel fund and decided to branch out after spotting an opportunity in the geospatial wireless space. Armed with funds from the Temasek-linked Angel Technology Fund Investment Company, its first project was to develop a fleet management system for its first client, a logistics company using Global Positioning System (GPS) to track its trucks.

It has since gone on to develop a taxi management system for Trans-Cab, which is the second largest taxi operator in Singapore as well as other Cloud-based systems for homeland security and regulatory enforcement application for the government and public service sectors.

These include the Electronic Pricing System (EPS) Carpark Management System under its flagship V3NITY platform which can be customized for various vertical industries after undergoing several rounds of enhancement to beef up its functionalities.

V3NITY comes with a comprehensive platform with structurally designed modules including a Geo-Spatial Information system (GIS) that enables users to apply spatial data to its enterprise application, thereby enhancing the visibility of work flow and processes through the use of digital maps; aids in route planning; demarcation of work zones and viewing of the physical locations.

As the company™s co-founder, Adrian Long explained, most of the enhanced features and functionality resulted from its customers™ desire for enhanced functions such as going beyond just knowing the location of a truck or vehicle, but also obtaining proof of job status at any given time. For instance the National Environment Agency (NEA) uses the system to manage its contractors by verifying the progress of a job using a photo capture with a geospatial tag which is relayed to the central command centre where NEA personnel can go through a checklist of the work to be done. With the deployment of Cloud robotics, the company can also employ unmanned sweepers and scrubbers in industrial parks for cleaning services, thereby helping companies to save on manpower costs.

V3 is also developing systems that incorporate surveillance features such as determining body count as well as facial recognition functions which can be used for example for crowd control and management at concerts, sports events, border control and even riot control. It takes us years to perfect the V3NITY engine. And, as the technology evolves, we continue to fine-tune this system further with relevant applications for commercialization, said Wong Shih Jon, Managing Director of V3 Smart Technologies.

He added: With digital transformation, the need for relevant information at breakneck speed especially in the area of security and surveillance is of paramount importance.

Hence, we decided to inject the intelligence into this system so that the event alert notification can be triggered only with a certain degree of backend processing, said Mr Wong.

Other than Singapore where some 80 per cent of its current clientele are based, V3 is showcasing its product offers at the Interpol World Exhibition.

The company is currently looking at expand its footprint to other parts of the world including Europe, Brazil, Australia, India and the Middle East.

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V3 in The News

The above article appears in The Business Times page on Tuesday, 14 April 2015. For full story, refer to page 34.