An agreement was signed between Anacle and he Management Committee of Hangzhou Qianjiang Century City at the 13th Singapore-Zhejiang Economic and Trade Council (SZETC) meeting.
Anacle provides enterprise property management software and smart energy solutions to the real estate and utility sectors.
On the other hand, Chinese Government is focussing on regional connectivity and economic growth, urbanisation, infrastructure investment, innovation- driven economic growth as well as environmental sustainability.
Anacle’s Smart City solutions will provide power stablility, security, automating services and infrastructure. Initially, the solutions will help the advanced communications infrastructure in Hangzhou and harness the power of artificial intelligence and blockchain technology.
Anacle’s Research and Development centre, based in Qianjiang Century City of China, plans to hire 50 employees with plans to triple the staff strength by next year. The Centre will focus on advanced technologies, such as Internet of Things (IoT), digital twinning, edge computing and augmented reality (AR), building a smart solution platform to meet the needs of citizens and solve challenges faced by urban communities.