Connect with us

Technology

Students to Develop Urban Mobility Solutions Using AI

Published

2 weeks ago

on

In Otis’ Made to Move Communities™ global competition, students will apply Artificial Intelligence to enable more inclusive and sustainable mobility solutions.A student team from the Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School is representing Hong Kong in this competition

HONG KONG, Nov. 13, 2024 /PRNewswire/ — Artificial Intelligence is revolutionizing the speed, accuracy and scale at which complex challenges are addressed. Over the next several months, more than 250 students from dozens of schools representing more than 15 countries and territories around the world will participate in the Made to Move Communities challenge to propose innovative ways AI can improve urban mobility. They’ll be guided by volunteer mentors from Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company.

“We believe that the next generation of innovation will use AI to make moving in and around cities easier and more efficient for all,” said Randi Tanguay, Otis Senior Vice President & Chief Communications Officer. “Today’s students are growing up as AI technology matures. They are actively engaged and quickly developing the skills to effectively use and apply it. With their innate curiosity and imagination, combined with the guidance of expert Otis volunteer mentors, I can’t wait to see the solutions these students come up with.”

Why AI

According to the World Bank, more than 56% of the world population currently lives in cities, and that number is expected to grow to nearly 70% by 2050. The current pace of rapid urbanization and global population growth has the potential to strain urban infrastructure, resulting in increased congestion, pollution, and inadequate public transit. These challenges can be even more acute in underserved neighborhoods and for people with special needs.

“AI is already reshaping transportation. It’s enabling self-driving cars, optimizing traffic flows, and even helping drones deliver packages and medicines to those in need,” said Ezhil Nanjappan, Otis Senior Vice President and Chief Technology Officer. “As we stand on the brink of the AI revolution, I’m excited to bring this transformational technology to the Made to Move Communities program – to brainstorm solutions to the mobility issues of today and tomorrow, while inspiring young minds and helping to close the STEM skills gap.”

For the first time – a global winner

Since 2020, Otis’ annual Made to Move Communities global student competition has engaged over 750 students and hundreds of Otis colleagues with the goal of addressing urban mobility challenges while sparking a lifelong interest in STEM. Participating schools have received nearly $1 million (USD) in grants from Otis to further STEM learning and programs in their schools.

Until now, students used to compete regionally, with a winning team selected in each of the four Otis regions. This year, for the first time, the four regional winning teams will compete in a final round to determine a global team champion. Student teams will need to share how their solutions to local challenges can be scaled globally, and the global team champion will receive an additional grant for their school.

Seven students from the Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School will take part. This is the second time the school will represent Hong Kong. “We are pleased to once again have the opportunity to represent Hong Kong in the competition. This platform allows our students to harness the power of Artificial Intelligence to tackle real-world urban mobility challenges. We are eager to see how their innovative ideas will transform into practical solutions and showcase their talents on a global stage.” Said by Ms. Jacqui KOO, Acting Deputy Principal cum Director of International Division, Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School.

Watch this video to learn more about Made to Move Communities and this year’s challenge: https://youtu.be/c1FwYeGhLp4

Visit otis.com/mtmc to learn more and follow Otis for updates from participating student teams.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide – the industry’s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.

Media Enquiries: 

Michelle Mak
michelle.mak@otis.com  
852-9865 5331

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/students-to-develop-urban-mobility-solutions-using-ai-302303880.html

SOURCE Otis Elevator Company (H.K.) Limited

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Patriot Viper Xtreme 5 DDR5 Memory Breaks World Record, Showcasing Flagship Performance Leadership

Published

59 minutes ago

on

November 26, 2024

By

TAIPEI, Nov. 26, 2024 /PRNewswire/ — Patriot, a global leader in high-performance memory and storage solutions, has shattered performance records once again. The company’s flagship DDR5 memory, Viper Xtreme 5, powered renowned overclocking expert Snakeeyes to achieve a groundbreaking global memory frequency world record on the HWBOT platform: an astonishing 6305.8 MHz (12,611.6 MT/s).

Snakeeyes not only set the frequency record but also claimed multiple top accolades on the HWBOT platform, including:

First Place in the World Record RankingsFirst Place in the DDR5 SDRAM RankingsFirst Place in the Global Team RankingsFirst Place in the DDR5 SDRAM Team Rankings

These historic feats were made possible through the synergy of Patriot’s Viper Xtreme 5 DDR5 memory modules, the ASRock Z890 Taichi OCF motherboard, and advanced liquid nitrogen cooling.

The unmatched design and engineering of the Viper Xtreme 5 DDR5 memory, combined with seamless hardware compatibility, enabled Snakeeyes to push boundaries consistently. This achievement underscores Patriot’s dedication to delivering cutting-edge innovation and superior performance in the competitive memory market.

Adding to its impressive resume, the Viper Xtreme 5 DDR5 memory dominated HWBOT’s memory frequency rankings by securing first, third, and fifth positions. These results further establish it as the ultimate choice for overclocking enthusiasts and gamers seeking elite performance.

“Patriot continues to set the standard in high-performance memory solutions, enabling enthusiasts, gamers, and professionals to achieve unparalleled performance,” said Les Henry, VP of N. America and S. America Sales. “This record is a testament to our commitment to innovation and collaboration with the global overclocking community.”

Patriot remains at the forefront of memory innovation, empowering users to push the limits of what’s possible.

For more information about Patriot and its Viper Xtreme 5 DDR5 memory, visit https://viper.patriotmemory.com/products/xtreme5-ddr5-performance-ram

https://hwbot.org/submission/5700768

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/patriot-viper-xtreme-5-ddr5-memory-breaks-world-record-showcasing-flagship-performance-leadership-302316313.html

SOURCE Patriot Memory

Continue Reading

Technology

Ducker Carlisle Expands Pricing, Strategy & Operations Services to Europe

Published

59 minutes ago

on

November 26, 2024

By

Paris-Based Team Leverages Firm’s Decades of Experience to Help Corporate Clients Grow Profitability

PARIS and BERLIN, Nov. 26, 2024 /PRNewswire/ — Ducker Carlisle, a U.S.-based global market research, strategy consulting and M&A advisory firm, today announced the expansion of its pricing, strategy and operations consulting services to better serve European and global clients from its European headquarters in Paris. Ducker Carlisle’s expert pricing analytics, business transformation and supply chain optimization services have helped many of the world’s largest companies uncover value creation opportunities, improve profitability and accelerate growth for more than 30 years.

The new European-based pricing services are led by Claude-Henry Pignon, whose background includes more than 11 years with Accenture in Paris with a focus on the automotive aftermarket. The strategy and operations team is led by Eric Francucci, who has been a principal with Ducker Carlisle for seven years and has deep expertise in aftersales topics for leading OEMs.

“We have been providing business consulting services from Europe since 1996, but until now we have relied on colleagues in our U.S. offices to assist with functions such as evaluating clients’ pricing practices and market strategy,” said Christian Zamet, Ducker Carlisle President of European Operations. “Adding local expertise in these areas will simplify communications, ensure deep knowledge of factors like local market dynamics, and further strengthen the relationships we have with our clients.”

Ducker Carlisle serves large clients in the automotive, heavy equipment, building and construction, industrial and materials industries as well as private equity firms’ portfolio clients, specializing in businesses with high SKU, channel and customer complexity. The firm’s pricing consulting practice alone has helped clients increase incremental margins by 1-3 points, build market share, recoup their investment in as little as one year, and achieve a minimum 10x ROI in compounded multi-year benefits.

In the pricing arena, Ducker Carlisle’s end-to-end consulting services begin with competitive pricing studies, market research and elasticity analysis, and base pricing strategy and optimization. The list also includes promotion spend optimization, channel strategy and net price optimization, channel incentive program design, quoting and deal management, customer loyalty program design, and pricing software selection and implementation, covering all aspects of revenue management. 

The firm’s strategy consulting spans market entry, channel strategy, growth strategy, and product and customer strategy to help clients navigate today’s constantly changing marketplaces. A full range of supply chain operations services including diagnostics, operations assessment and improvement implementation, transportation optimization, network strategy and design, inventory management and logistics network design helps increase the efficiency and resiliency of client supply chains.  

“In today’s market, it’s more critical than ever to use every lever available to streamline operations, reduce costs, and achieve sustainable margin growth,” said Paul Gurizzian, Ducker Carlisle CEO. “Bringing our pricing, strategy and operations expertise to our Paris office will make it easier for European clients and global organizations with a European presence to leverage our decades of industry-specific experience to meet the business challenges they face every day.”

About Ducker Carlisle
Ducker Carlisle is a global market research, strategy consulting and M&A advisory firm that helps many of the world’s largest companies and private equity firms optimize business performance and accelerate growth across complex markets. Founded in 1961 with offices across North America, Europe and Asia, the firm provides a unique continuum of services to deliver custom, industry-centric solutions enabling clients to maximize business results. For more information, visit Ducker Carlisle I Twitter I LinkedIn 

View original content:https://www.prnewswire.co.uk/news-releases/ducker-carlisle-expands-pricing-strategy–operations-services-to-europe-302316124.html

Continue Reading

Technology

MGA Entertainment and Tap Tap Tales Launch New App L.O.L. Surprise!™ Boardwalk Life Featuring L.O.L. Surprise! Tweens™

Published

59 minutes ago

on

November 26, 2024

By

LOS ANGELES and BARCELONA, Spain, Nov. 26, 2024 /PRNewswire/ — MGA Entertainment (MGA), a global leader in toy and entertainment innovation, and Tap Tap Tales, a developer of educational apps for children, announce the launch of their new app, L.O.L. Surprise!™ Boardwalk Life. In this engaging app, players explore the vibrant Boardwalk City, joining their favorite L.O.L. Surprise! Tweens™ and Tots in interactive activities.

“The launch of L.O.L. Surprise!™ Boardwalk Life marks a significant milestone in our mission to provide safe and enriching digital experiences for kids”, said Xavier Prats from Tap Tap Tales. This project represents a close collaboration with MGA to bring the world of L.O.L. Surprise!™ into an app where players express creativity and engage in fun challenges.

In L.O.L. Surprise!™ Boardwalk Life, children can:

Train with Ali Dance at the Skate Park, perfecting skate tricks and dance routines.Design posters for the Skate Festival with Emma Emo.Practice basketball tricks with Hoops Cutie at the beachside court.Follow TikTok-inspired choreography with Fancy Gurl on the Dance Stage.Decorate boardwalk locations in Glitter City with items earned through gameplay.Collect over 40 L.O.L. Surprise!™ characters and pets while unlocking surprises in mini-games.

Since its debut, L.O.L. Surprise! has captured the hearts of children worldwide. With L.O.L. Surprise!™ Boardwalk Life, Tap Tap Tales and MGA aim to foster creativity and teamwork within a safe digital environment.

L.O.L. Surprise!™ Boardwalk Life is now available for download on:

Google Play (https://bit.ly/3YBh6ru)Apple Store (https://apple.co/3YOTxLQ)Amazon Store (https://amzn.to/3Cwrnh8)

About MGA Entertainment

MGA Entertainment is one of the largest privately held toy and entertainment companies in the world, known for its commitment to creativity, quality, and innovation. The MGA family includes brands such as L.O.L. Surprise!™, Little Tikes®, Rainbow High™, Bratz®, and more.

About Tap Tap Tales

Founded in 2014, Tap Tap Tales creates high-quality educational apps featuring beloved characters. With over 30 published apps, Tap Tap Tales is a key player in the development of safe, engaging children’s apps.

View original content:https://www.prnewswire.co.uk/news-releases/mga-entertainment-and-tap-tap-tales-launch-new-app-lol-surprise-boardwalk-life-featuring-lol-surprise-tweens-302315626.html

Continue Reading

Trending