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Fusionex: Towards a Smart Future
United Nations’ report on population research states that around 54.5 percent of the global population was residing in the urban areas during 2016 and the number is expected to reach up to 60 percent by 2030. It is also predicted that the urban population may increase approximately by 1.84 percent per year between 2015 and 2020 and 1.63 percent per year between 2020 and 2025. Also, people from rural regions are shifting to cities in search for economic opportunities which is making global cities crowded and polluted. This rapid increase in the population of the urban areas has paved way for the emergence of improved infrastructures to provide a comfortable living to the city dwellers. Fusionex, a Singapore-based IT firm, assists developers, city councils, municipalities, and development authorities in urban planning and meeting the basic needs of city dwellers. The company provides the best-of-breed Big Data analytics (BDA) solutions for smart cities to meet and overcome all kinds of challenges that cities often face. According to Ivan Teh, the CEO and Managing Director of the company, developers, municipalities, and operators should assure that their services and the infrastructure built for the public are resilient to address all kinds of risks and uncertainties.
Role of Big Data and IoT in Building Smart Cities
The combined contribution of four interconnected networks, visibly, Internet of Things (IoT), Internet of Services (IoS), Internet of People (IoP) and Internet of Data (IoD) fuel the staggered data of the cities. By analyzing the huge quantities of information obtained from these networks, the city stakeholders deploy the predictive analytics in order to adjust the city’s infrastructure and resources to fulfil diverse needs of the citizens and businesses.
Fusionex’s core system offers connectivity and management of data to improve communication, planning, and transaction management across business operations, customers, and suppliers
Big Data Analytics systems efficiently find important information that is often hidden under the huge pile of data and cope with it to find out the necessary actions to be taken by yielding brilliant foresight. Fusionex, a front-runner in the smart city solutions space, is an expert in IoT, data science, big data, and advanced big data analytics. The organization deploys BDA as the primary and significant building blocks to deliver smart city solutions across the globe by using the data obtained from multiple sources and implementing in-depth analysis with a user-friendly and proficient approach.
BDA software is the most important technology that helps in processing and integrating huge volumes of data to discover in-depth knowledge and assist in decision making. The software requires prescriptive and predictive analysis with strong data science capabilities to conduct hassle-free functioning of cities. Fusionex Insights (GIANT) on the other hand is an easy-to-use, scalable and swiftly deployable BDA solution that helps in understanding the future needs of a city. The solution functions as the central point of IoT with its data science capabilities and predictive analytics. It integrates different components such as Hadoop PostgreSQL to offer easily understandable output for confronting all challenges of smart cities. GIANT’s intelligent data management platform helps city stakeholders and managements to collect, consolidate, analyze, and respond quickly to emergencies. Apart from offering a potent data processing module which integrates programming knowledge for power users, the solution also helps non-technical users to filter data into understandable insights, allowing them to use the simple wizard-driven interface through its intelliview module. The software ensures flexible usage and integration of any environment and server platform. It supports manufacturing, utilities, and transportation sectors by incorporating templates for implementing smart cities.
In addition to smart city solutions, Fusionex also have solutions including IoT, Mobility, Loyalty, Cloud, and Analytics. The company’s IoT is a one-stop solution that covers the entire IoT ecosystem, enables analysis and automation with the information collected through censors. It also works on real-time monitoring. Fusionex’s Mobility platform, on the other hand, offers competitive edge to businesses. It offers interaction, developments, changes and usage of mobile applications at a huge rate assuring quick and active business operations. In addition to the above two, the web-based Loyalty platform of the company can be accessed from anywhere using any device. It helps in reviewing benefits and redemptions in least possible time.
The BDA solution, as mentioned earlier, is one of the most crucial solutions of Fusionex which empowers organizations to analyze, streamline, and discover real-time insights within the best data available which otherwise remains unnoticed. It also delivers answers to all kinds of queries in a simpler and smarter way. The Data Analytics as a Service (DAAAS) model of the company also helps in meeting all kinds of data processing and analytics requirements. It is used for integrating different datasets as well as prepares the output data to get displaced on devices. This model has configurability features which can easily be deployed as per the business needs. Lastly, Fusionex’s core system offers connectivity and management of data to improve communication, planning, and transaction management across business operations, customers, and suppliers.
With a promise to deliver the best to its clients and address all their requirements, Fusionex has been delivering its products and solutions to various sectors including, agriculture, banking, energy and utilities, leisure and gaming, insurance, and logistics and transportation, among others. Successfully creating a satisfied client base for years, Fusionex is all set to thrive as a smart city solution provider.
December 18, 2017