viewVault Intelligence Ltd

Vault Intelligence enters strategic partnership for Solo safety solution with Jurong Port in Singapore

The port authorities will use Vault’s Solo solution to enhance safety and operational efficiency.

Jurong Port’s Desmond Lim and Vault’s David Moylan at the signing ceremony

Vault Intelligence Ltd (ASX:VLT) has signed a memorandum of understanding (MoU) with Jurong Port for the implementation of Vault’s Solo software security solution.

Solo is an environmental, health and safety solution that aims to enhance operational efficiency, employee safety, security and welfare across the port.

READ: Vault Intelligence delivers strong development in first half of 2019 financial year

Vault chief executive officer David Moyland said: “Vault is delighted to collaborate with Jurong Port to harness our market-leading wearable technology expertise.

“As a leading software-as-a-service business delivering safety solutions, we will continue to innovate and cater to the evolving needs of Singapore’s Smart Nation initiatives.”

READ: Vault Intelligence refines business structure to maximise growth

Jurong Port chief commercial officer Desmond Lim said the port was becoming a smart and connected port with digital innovation at its core.

He said: “The Solo solution will bring us closer to achieving this while simultaneously helping us to fulfil our commitment towards the safety and well-being of our staff and port users.”

With more than 800 staff and 30,000 registered port users, Jurong Port plans to leverage Solo to address one of its top priorities of implementing real-time monitoring capabilities to enable situational awareness.

This includes the monitoring of workers’ vital signs and the ability to take immediate decisions and actions to ensure their safety within the port premises.

READ: Vault Intelligence expands role of David Rose

Vault chief product and data officer Miguel Nasr elaborated: “We’re utilising digital technologies such as wearable internet-of-things sensors and machine learning to create ‘digital twins’ for our customers’ most critical assets.

“With Solo, we are now delivering time-critical insights to help businesses like Jurong Port to proactively monitor and manage the safety and security of their workforce.

“We have an exciting development roadmap that will continue to extend our incident detection capabilities and business insights to keep Solo ahead of the curve in meeting the needs of our customers.”

READ: Vault Intelligence to add Solo worker-tracking revenues to new CARR figures

Vault will continue to support trials, product enhancements and deployment of its wearable solution, developing on the Samsung Galaxy Watch in conjunction with Samsung.

A key feature of the Solo solution is its fall detection capability with is integrated into an enterprise system on the watch.

This is a world first for Samsung and will greatly benefit Jurong Port where staff are often working at heights.

READ: Vault Intelligence maintains $6 million revenue guidance

Samsung Electronics Singapore president Eugene Goh said: “Over the years with the evolution of the workplace, we have seen more organisations embracing technology to enhance operational efficiency.

“With workplace safety being a key priority for various industries, Samsun is pleased to be collaborating with partners like Vault to leverage our latest innovations to set the pace and create possibilities for Jurong Port.”

Quick facts: Vault Intelligence Ltd

Price: 0.34 AUD

Market: ASX
Market Cap: $43.52 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Vault Intelligence Ltd named herein, including the promotion by the Company of Vault Intelligence Ltd in any Content on the Site, the Company...



Vault Intelligence 'buoyant' with record quarterly results and advanced...

Vault Intelligence Ltd (ASX:VLT) chief executive officer David Moylan updates Proactive Investors on the software company's record quarterly results.   Contracted annualised recurring revenue (CARR) growth was $542,000 for the March quarter, lifting total CARR to $4.77...

on 24/4/19

3 min read