M1 partners SG Bike for smarter bike sharing geostation
M1 Limited (M1) and SG Bike Pte Ltd (SG Bike), a local bike-sharing company, have signed a Memorandum of Understanding today to explore utilising Narrowband Internet of Things (NB-IoT) technology to further enhance SG Bike’s existing geostation solution.
SINGAPORE, 26 February 2018 – The geostation technology was first introduced by SG Bike in August 2017 to deter indiscriminate parking. Indiscriminate parking of shared bicycles by users has been an issue in recent months, with the authorities putting in more measures to ensure the population of bicycles are parked within designated parking places.
This collaboration to use NB-IoT network will further enhance SG Bike’s geostation technology to monitor with real-time communication to track and retrieve bicycles that are not parked within the designated bicycle parking zones. The indiscriminate parking of shared bikes along corridors, at bus-stops or even in lifts will soon be a thing of the past with SG Bike’s geostation technology.
Unlike current geo-fencing technologies used by most bike-sharing companies which utilises GPS coordinates, SG Bike’s geostation technology enables greater accuracy and control over indiscriminate parking of it shared bicycles through Radio-frequency identification (RFID). This is a significant milestone in encouraging responsible bike-sharing behaviour. Users can benefit from the provision of accurate data of bicycle location and availability, while operationally, SG Bike can better handle and respond to indiscriminately parked bicycles. Currently, SG Bike users who fail to return bicycles within the geostations are given a 15 minutes grace period to relocate the bicycle. With the geostation technology, users can also easily find bicycles at the designated parking places since the bicycles should only be picked up or returned at areas with a geostation. Potentially, the RFID technology deployed can be implemented onto other sharing devices, including umbrellas and scooters, to cultivate greater sharing society driven by real-time accurate data.
“We are thrilled to work with SG Bike to enable Singapore to truly benefit from the bike-sharing scheme, in an effort to accelerate our journey into a ‘car-lite’ society,” said Mr Alex Tan, Chief Innovation Officer, M1. “As a leading IoT service provider, we look forward to support SG Bike with the implementation of an efficient IoT solution nationwide to enhance the aesthetics of the city, as well as the safety and wellbeing of our communities.”
Chief Executive Officer of SG Bike, Mr Albert Teng said, “We are pleased to be in this partnership with M1, the first NB-IoT network operator in Singapore to explore using this licensed network to improve our services. We currently have over 1,300 geostations installed nationwide, and we are excited to see how this partnership can further improve our technology to help bike sharing become a success in Singapore.”