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Category Archives: Technology
Mobilaris & Lule University of Technology working together to improve AI-based positioning in mining – International Mining
Posted: February 21, 2021 at 12:03 am
Posted by Paul Moore on 20th February 2021
Mobilaris recently initiated a collaboration with Lule University of Technologys project Applied AI DIH North. The purpose is to identify, apply and demonstrate different AI methods regarding positioning information. The goal is to develop the ability and accuracy of the companys existing solutions for mining and tunnelling applications and look at how new services and products can be created. The collaboration will last for two years and is led by George Nikolakopoulos, Professor of Robotics and Artificial Intelligence at Lule University of Technology.
The Applied AI DIH North project aims to create a strong innovation system for growth in the AI industry, a Digital Innovation Hub as a base, in collaboration, research, innovation, applied test-driven development, education and cluster formation. The project lasts for three years and is financed by the EUs regional development fund (Tillvxtverket), Lule University of Technology, Lule municipality, Skellefte municipality and the Norrbotten Region.
Daniel Enstrm, CTO at Mobilaris says: At regular intervals, there are technologies that not only simplify and improve existing solutions but that also open up completely new fields of applications that could not have been built before. AI is one such example and we at Mobilaris have it as a strong part of our future technology portfolio. The collaboration with the university is really excellent for us in this context. If we succeed, we will have several new applications we can productize and add to our portfolio with direct benefit for our customers. It is about both autonomous system monitoring and a new generation of positioning techniques. We really like the approach from the university, quick decisions, straight path to project start and focus on applications.
Finding discrepancies in distributed localisation systems will be part of the project. Deviations in this case would be, for example, unnatural movements for a particular entity or person that do not conform to natural behaviour. Obtaining positioning information on a global scale, based on sensors on a local scale or in existing infrastructure for positioning and communication has a growing demand. Many location algorithms designed for this purpose base their function on different types of built-in sensors and have been created in many different systems to provide location, such as WiFi, GPS, etc. However, these systems and sensors are vulnerable to variations in operating conditions and surrounding environments. There are many factors that can limit performance, eg inaccessible GPS environments or outdoor operations with poor GPS reception.
Michael Nilsson, Lule University of Technology Project Manager, says: It is great to start another sub-project with a business focus. We aim to become a strong region in applied AI and here we are now breaking new ground. Mobilariss focus and participation contributes to one of our goals, namely to become a European Digital Innovation Hub with a profile in the process and manufacturing industry.
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Apple is already working on developing 6G wireless technology – Ars Technica
Posted: at 12:03 am
Enlarge / The iPhone 12 and 12 Pro, side by side.
Samuel Axon
Apple has posted multiple job listings indicating that it is hiring engineers to work on 6G technology internally so it does not have to rely on partners like Qualcomm as the next generation of wireless technology hits several years down the line.
The job listings, which were first spotted and reported by Bloomberg, include titles like "Wireless Research Systems Engineer - 5G/6G" and "RAN1/RAN4 Standards Engineer."
The roles are in the company's Cupertino headquarters, as well as in San Diego, where Apple opened offices specifically to focus on wireless and silicon technologies, with an apparent aim to snipe talent from Qualcomm's San Diego HQ.
Apple introduced its first 5G iPhones in the iPhone 12 lineup late last year, and those phones use Qualcomm modems. But recent reports have already revealed that Apple plans to design its own modems so it can drop the Qualcomm components from future phones, just as it is developing its own silicon for Macs now to ultimately replace Intel chips in most of the product lineup.
Total end-to-end integration of all parts of the hardware, software, and services in devices has long been both a key marketing point and an internal guiding principle for product development at Apple. The company says it believes this approach enables better products and experiences for users, but it also allows Apple to forge ahead with less and less dependence on other actors to achieve success.
Apple recently joined the industry group "Next G Alliance" with other companies like LG and Google to work together to define the specifications for 6G, which is nascent and not expected to reach consumers for many years yet. There are no details yet about either the timeline, specifications, or features of 6G. 5G is only just rolling out in the past couple of years, and the vast majority of the globe does not yet have access to 5G or the full capabilities thereof.
So when Apple joins groups like the Next G Alliance or hires for positions like these, it's not generally going to tell us much about near-future product plans. That said, reports of the company's progress on its own modems suggest that Apple is likely to reach that capability before 6G rolls out, so the first Apple-made modems will probably be 5G, not 6G.
In our reviews of the iPhone 12 lineup last year, we found that 5G had a significant negative impact on the phones' battery life. Future modem refinements may reduce that impact.
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Local buses equipped with technology said to remove 99.9% of COVID-19 from air – WTAE Pittsburgh
Posted: at 12:03 am
Anderson Coach & Travel, located in Mercer County, has added technology to its fleet of tour buses that is said to nearly eliminate airborne viruses, including COVID-19."It's kind of like having a seatbelt and an airbag in your car," said Joe Urso, CEO of ActivePure Technologies, the technology installed on the nearly 200 buses used in and around Pittsburgh. The system is installed in a small section of the overhead compartment on the buses and operated by the driver. "Once I have the coach running, I come back and turn it on and up to full speed and the unit will run the whole time," said Dan Chornenky, who has been a bus driver for Anderson Coach & Travel for nine years.The addition of ActivePure does not change the mitigation efforts onboard Anderson Coach & Travel buses. Chornenky said he still wipes the surfaces by hand. He is still separated from passengers by plexiglass the front seats remain open to allow for distance from the driver and everyone on board is required to wear masks. Urso said the technology is designed to help and is proven to make a difference. "It originated in the NASA space program and we've developed it to a much more advanced stage where it basically eliminates airborne pathogens in real-time by using our special proprietary formula and it actually creates these from oxygen and humidity in the air," Urso said. "The technology, more importantly, is proven. It's proven by FDA testing, military labs and it has most recently been demonstrated to reduce 99.9% of airborne COVID in less than three minutes, with the very system that's being used on busses right there in Pittsburgh."
Anderson Coach & Travel, located in Mercer County, has added technology to its fleet of tour buses that is said to nearly eliminate airborne viruses, including COVID-19.
"It's kind of like having a seatbelt and an airbag in your car," said Joe Urso, CEO of ActivePure Technologies, the technology installed on the nearly 200 buses used in and around Pittsburgh.
The system is installed in a small section of the overhead compartment on the buses and operated by the driver.
"Once I have the coach running, I come back and turn it on and up to full speed and the unit will run the whole time," said Dan Chornenky, who has been a bus driver for Anderson Coach & Travel for nine years.
The addition of ActivePure does not change the mitigation efforts onboard Anderson Coach & Travel buses.
Chornenky said he still wipes the surfaces by hand. He is still separated from passengers by plexiglass the front seats remain open to allow for distance from the driver and everyone on board is required to wear masks.
Urso said the technology is designed to help and is proven to make a difference.
"It originated in the NASA space program and we've developed it to a much more advanced stage where it basically eliminates airborne pathogens in real-time by using our special proprietary formula and it actually creates these from oxygen and humidity in the air," Urso said. "The technology, more importantly, is proven. It's proven by FDA testing, military labs and it has most recently been demonstrated to reduce 99.9% of airborne COVID in less than three minutes, with the very system that's being used on busses right there in Pittsburgh."
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Local buses equipped with technology said to remove 99.9% of COVID-19 from air - WTAE Pittsburgh
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Why Osprey Technology Acquisition Stock Popped Again Today – Motley Fool
Posted: at 12:03 am
What happened
I think you've got to hand it to Osprey Technology Acquisition Corp. (NYSE:SFTW) -- yesterday was a great day to announce a space-related merger deal.
As you've probably heard, on Thursday afternoon, NASA announced the successful landing on Mars of its Perseverance rover and Ingenuity drone helicopter. And that was the same day that Osprey announced its plans to acquire "real-time geospatial intelligence, imagery, and data analytics company" BlackSky Holdings, reverse-merging it with the SPAC to take it public.
Shares of Osprey -- the shell company that will bring BlackSky public -- popped 27.5% on the news Thursday, and they were up another 10.4% as of noon EST Friday.
Image source: Getty Images.
So what do we know about this soon-to-be-public BlackSky? According to Osprey, it "is a first mover in real-time Earth observation leveraging the innovative performance and economics of small satellite constellations," and intends to eventually grow its orbital assets to "30 high resolution multi-spectral satellites capable of monitoring locations on Earth every 30 minutes, day or night."
Osprey hasn't revealed a lot about the company's financials, other than to say that it has a "pipeline of opportunities" that nearly tripled over the last 12 months to $1.7 billion.
I first heard of the company about four years ago, at which time it was a division of privately held Spaceflight Industries (that's the one that sold its satellite-rideshare business, Spaceflight Inc., to Mitsui early last year). According to data from S&P Global Market Intelligence, BlackSky remains a subsidiary of Spaceflight Industries, but there was no mention of the parent company in Osprey's press release.
Presumably, it has been, or will soon be, spun off from Spaceflight Industries.
Whoever owns BlackSky now, Osprey will own it soon -- and retail investors will be able to, too. Osprey predicts that when the deal happens in or around July, BlackSky will become a public company with a pro forma equity value of $1.5 billion. Add back $450 million in cash, and the targeted market capitalization of the stock looks like $1.95 billion.
When you consider that Osprey currently has a market cap of barely $605 million, this appears to suggest the stock will triple in value in five months. No wonder investors are excited.
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Why Osprey Technology Acquisition Stock Popped Again Today - Motley Fool
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Meet College of Health Sciences and Technology Dean Yong ‘Tai’ Wang – RIT University News Services
Posted: at 12:03 am
RITs College of Health Sciences and Technology began the year under new leadership with Dean Yong Tai Wang.
Wang joined RIT in January from the University of Texas at Tyler, where he was dean and endowed chair professor of the Drs. Lee Roy and Lucy Mathis College of Nursing and Health Sciences. His research focuses on rehabilitative biomechanics related to wheelchair locomotion and Tai Chi exercise.
Now at RIT, Wang looks forward to connecting the health sciences and technology to create new health care solutions, and new degree programs. Here, Wang shares his ideas.
The reputation of RIT and the uniqueness of the college. There are not many colleges like this in the United States that combine health sciences and technology. I think the college has great potential to grow.
RIT is interested in developing a Doctor of Physical Therapy program, and Rochester Regional Health would like to provide the clinical site. It is one of the hot programs in health professions. The American Association of Physical Therapy required every Master of Physical Therapy program to convert to Doctor of Physical Therapy by 2020.
I was a professor of physical therapy for 16 years. I have experience through the whole process of converting the program from BS to Master of Physical Therapy, then to Doctor of Physical Therapy. I hope to develop a similar program at RIT in the future. The Doctor of Physical Therapy will be my first project.
Tai Chi is my passion. It is a mind-body exercise and a combination of breathing and graceful movement. In Tai Chi both hands are moving in opposite directions. Its called the yin and yang balance.
Tai Chi is one area of my research in the past 20 years. I taught Tai Chi as a therapeutic exercise for Doctor of Physical Therapy Students at Georgia State University. I measured students physical and mental health at the beginning and end of the semester and published the paper in the American journal of Chinese Medicine. It is one of the most cited Tai Chi studies.
Then I started to develop wheelchair Tai Chi with funding from Paralyzed Veterans of America and from the National Institute of Disability and Rehabilitative Research. I think I am one of the leading persons doing wheelchair Tai Chi in the United States. Then I started to look at Tai Chi for cognitive issues, such as cognitive impairment or Alzheimers disease. We are also interested in exploring the effects of Tai Chi on people with Parkinsons disease.
I developed the Tai Chi Ball while at University of Texas at Tyler. It was the first patent for UT Tyler. It combines mind body exercise with weight training. Research from American College of Sports Medicine shows that strength training is crucial for older people. Even people 80 years old should do strength training. Tai Chi movement is slow and graceful and the Tai Chi Ball targets muscle groups they use in daily living.
The Tai Chi Ball is 3D printed. It is filled with bee-bees, and the weight is adjustable. Sometimes you put it together as one piece and handle it as one piece, sometimes we separate it in two like a yin and yang part.
My next focus is combining Tai Chi or wheelchair Tai Chi with the Tai Chi Ball for soldiers and veterans to prevent and treat neuromuscular disorders.
I am a dean and also a professor. When I was dean at the University of Texas at Tyler, I met with students several times a semester to hear what they needed to be supported.
The ultimate goal is student success. We talk about student success in terms of recruitment, retention, and graduation. I think we should add another one, as we did at UT Tyler, called job placement. We had a person in the college called a career success coach to help students prepare their resumes, prepare for interviews, and find jobs. I would like to do some similar things to help students.
I am learning from faculty and program directors. I am looking to increase enrollment with existing resources and to identify possible new programs we could develop. Doctor of Physical Therapy is a good example. It has community support.
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Meet College of Health Sciences and Technology Dean Yong 'Tai' Wang - RIT University News Services
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Building trust in technology – The Indian Express
Posted: at 12:03 am
Trust is the backbone of the digital economy. When individuals trust the internet, they participate more freely. Building trust requires sustained efforts and is complex but can create immense value. Fostering trust, in the Indian context, has three key dimensions:
First, enabling Indias Next Half Billion (who mainly come from the bottom 60 per cent of the income distribution) to benefit from the internet to improve their lives. For this, we need to reimagine the internet to make it more contextual and relatable for them so that they build the trust and confidence to transact online. A related aspect is getting more women to participate in the internet. Protecting the next half billion from fraud and loss of data is crucial such incidents can materially undo progress in their internet journey and require disproportionate efforts to get them back online.
Several innovative entrepreneurs focusing on this segment are addressing these issues through product and business design tailored for them. Technology-led models can help improve their lives by providing them access to basic services like education, healthcare, financial services, and transportation, as well as opportunities for employment and productivity.
Second, addressing broader concerns around excessive data collection, privacy and data security. These go beyond just the next half billion. Individuals prefer digital products they trust. Businesses can leverage privacy and trust as a competitive advantage. Also, for responsible data sharing, businesses need to acknowledge that the burden of proof on privacy rests with providers rather than consumers. It is unfair to expect consumers to have the time, knowledge and expertise to go through privacy policies, which are usually lengthy and complex. The onus must shift from over-reliance on informed consent by users to quality assurance by providers.
Third, tackling issues of misinformation and disinformation. With the democratisation of content-generation, especially due to social media, ensuring the authenticity of information online has become more difficult than earlier imagined.
Businesses need to meet the rising expectations from regulators and customers to be responsible stewards of data.
At a minimum, ensure compliance: So far, the issue of privacy and data protection has been addressed through a compliance lens. Businesses must comply with regulations and prepare themselves for increasing regulatory requirements, especially once Parliament passes the data protection bill. Globally, we are seeing regulators impose fines for poor data practices. In Europe, large fines have been imposed on Google, British Airways, and Marriott amongst other businesses. Several Indian businesses are exposed to regulations in Europe or the US, and India itself will soon have its privacy law.
Businesses also need to protect themselves against increasing online threats. India saw a 37 per cent increase in data breaches between 2019 and 2020, with over half of Indian companies in an IBM survey reporting a data breach in the past two years.
Trust as a business differentiator: Going beyond compliance, businesses can leverage privacy and trust as a competitive advantage. A recent study by the Centre for Social and Behavioural Change found that when customers understand a privacy policy better, they share more data. An experiment showed that they also share more data with businesses that had better privacy ratings.
Some immediate steps that businesses can take include having clearer privacy policies and collecting only as much data as they need. Starting with a better understanding of how customer data is collected, where it is stored and who has access to it most businesses do not know this today. Customers should also have the ability to delete their own data.
Business models that help build trust: Privacy-Tech is emerging as an attractive investment area, and has seen unicorns emerge in the US (One Trust), Israel (BigID) and several other countries. Globally, investments in privacy-tech have increased five-fold since 2011. We expect an acceleration in India as well.
The government must bring in the long-awaited data protection law. The current draft is with a parliamentary committee which is due to submit its report in April. A law will dispel the uncertainty and bring much-needed clarity. Further, the envisaged Data Protection Authority must be well-governed and adopt a transparent and consultative approach, since we are all still learning.
The government is also the builder and custodian of large scale public digital infrastructure as modular, open-source, interoperable systems. For these Open Digital Ecosystems (ODE), the tech layer alone is not enough. It is equally important to pay attention to the governance around these platforms and engage the community of developers, entrepreneurs and citizens around them. This would ensure that these platforms are leveraged fully, and meaningful solutions are built on top of them.
Regulatory bodies can step in to guide consumers. The food regulators food safety certifications have now become part of our everyday lives. Similarly, a privacy rating for apps can help individuals make more informed choices about their data. We also need new intermediaries that warn consumers about dangerous practices, represent them, and seek recourse on their behalf.
The widespread adoption of responsible tech practices inclusion, privacy, security, transparency and good governance is essential to building trust in technology and creating a thriving and well-governed digital society.
The writer is managing director, Omidyar Network India
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Guyoung Technology (KOSDAQ:053270) Has Gifted Shareholders With A Fantastic 141% Total Return On Their Investment – Simply Wall St
Posted: at 12:03 am
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on a lighter note, a good company can see its share price rise well over 100%. One great example is Guyoung Technology Co., Ltd (KOSDAQ:053270) which saw its share price drive 112% higher over five years. It's up an even more impressive 116% over the last quarter.
See our latest analysis for Guyoung Technology
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
During five years of share price growth, Guyoung Technology actually saw its EPS drop 15% per year.
Essentially, it doesn't seem likely that investors are focused on EPS. Because earnings per share don't seem to match up with the share price, we'll take a look at other metrics instead.
We doubt the modest 0.8% dividend yield is attracting many buyers to the stock. On the other hand, Guyoung Technology's revenue is growing nicely, at a compound rate of 8.0% over the last five years. In that case, the company may be sacrificing current earnings per share to drive growth.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Guyoung Technology's TSR for the last 5 years was 141%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
We're pleased to report that Guyoung Technology shareholders have received a total shareholder return of 114% over one year. And that does include the dividend. That's better than the annualised return of 19% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Case in point: We've spotted 5 warning signs for Guyoung Technology you should be aware of, and 2 of them are significant.
But note: Guyoung Technology may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on KR exchanges.
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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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DXC Technology Signs Agreement with Temenos, Enabling its Large Bank Customers to Reimagine Core Banking Transformation – Business Wire
Posted: at 12:03 am
GENEVA & TYSONS, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC) today announced that it has signed a strategic agreement with Temenos (SIX: TEMN), the banking software company to accelerate the digital transformation strategy for DXCs large bank customers. The expanded partnership brings together the extensive cloud hosting, implementation and integration strengths of DXC with the power of Temenos industry leading banking software. The two companies will jointly offer large bank customers the optimal modernization approach to address competitive, regulatory, cost and innovation drivers.
Many large banks are having to contend with complex legacy technology stacks that can include multiple core capabilities, disparate systems and product silos. These banks are embarking on transformation projects to compete with fintechs and neobanks, whose agility allows them to rapidly launch differentiated products and attract new customers. DXC and Temenos are paving the transformation journey by empowering the banks to compete with challengers by quickly adapting their business models and offering differentiated services to their customers.
With the combined strengths of DXC and Temenos, customers can adopt a modern core banking solution, confident in their migration success and benefits of adopting a fully hosted and resilient solution.
Dmitry Loschinin, Executive Vice President, DXC Luxoft Analytics & Engineering: We are excited to strengthen our collaboration with Temenos, the market-leading, cloud-native, banking-technology provider. Core IT systems play a central role in helping banks innovate and deliver next-generation banking services to their customers. And like any major IT transformation, this kind of enterprise-level change needs to be undertaken with the right partners. Together with Temenos, DXCs world-class professional services and deep banking expertise will empower banking customers to begin their IT modernization journey, focusing on their core business strengths while we address the implementation.
Max Chuard, Chief Executive Officer, Temenos said: We are delighted to announce this strategic agreement with DXC, a proven partner for delivering strategic transformation of complex, mission-critical IT systems for financial services firms. This joint go-to-market strategy with DXC is a new channel to market for Temenos, which will accelerate our penetration in the large banks segment, notably with the U.S. market, representing approximately 60% of the total third-party market spend. Together, we seek to help larger banks with complex, legacy IT architectures break down silos, reduce IT complexity and costs, and gain greater speed to market. We can help DXCs customers accelerate their business transformation and provide outstanding customer experiences.
Ends
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. With decades of driving innovation, the worlds largest companies trust DXC to deploy the Enterprise Technology Stack to deliver new levels of performance, competitiveness and customer experiences. Learn more about the DXC story and our focus on people, customers and operational execution at http://www.dxc.technology.
About Temenos
Temenos AG (SIX: TEMN) is the worlds leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 1.2 billion banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.
Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks IT investment is adding tangible value to their business.
For more information, please visit http://www.temenos.com.
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Global Airport Information Technology (IT) Market Report 2020-2025: Airports Need to Embrace Digital Transformation to Enhance Passenger Experience…
Posted: February 18, 2021 at 2:39 pm
DUBLIN, Feb. 18, 2021 /PRNewswire/ -- The "Global Airport Information Technology (IT) Market, 2025 - Digital Transformation to Drive Growth" report has been added to ResearchAndMarkets.com's offering.
Airports need to embrace digital transformation to enhance the passenger experience and improve cost efficiencies.
This research service will focus on the global airport information technology market across the various Tiers of airports (5 Tiers in total) and across 6 key regions, Africa, Asia-Pacific, Europe, the Middle East, Latin America, and North America.
Sensor technology is maturing and their cost is reducing considerably. These factors, along with low-latency communication technologies (5G communication) will drive large-scale adoption of Internet of Things (IoT) in airports in the long term. IoT will enable airports to optimally allocate resources, enhance the passenger experience, and reduce operational costs.
The future airport will be diversified, automated, passenger centric, and underpinned by secure and trusted data. There is an acknowledged shift in passenger expectations, with the ground experience becoming more important in the passenger journey. System integration leads to more competition among suppliers across airport touchpoints; consolidation is witnessed across key areas such as passenger processing, baggage handling, and operations management. Airports are focusing on solution providers that have an end-to-end solution portfolio for all their information technology requirements.
There is an immediate requirement from airports to enhance passenger self-service and monitor safety guidelines compliance. This will require solution providers to accelerate innovation to deliver high-priority solutions for the post-pandemic market. Airports' information technology is largely based on legacy systems. This hinders their innovation and increases complexity for IT operations. There is slow adoption of cloud-based infrastructure and solutions as airports are gradually migrating workloads to the cloud infrastructure.
The COVID-19 pandemic has significantly reduced the technology-spending capability of airports globally. Airports will still invest in digital solutions that are of high priority in the short term (e.g., passenger self-service, passenger flow management). System integration is a key challenge due to its complex and time-intensive nature. It is largely done by mature participants in the market and is a key market opportunity for solution providers. There has been a negative impact on the overall revenue of airports due to the drastic reduction in passenger traffic.
However, investments into digital solutions are still active, as solution providers are developing solutions that can ensure a safe and healthy passenger experience (e.g., contactless self-service). Airports defer long-term projects that are time and cost intensive, whereas they prioritize solutions that are critical to attracting passengers and ensuring safety for passengers and employees.
Two key factors that are essential to the growth of this market are the type of airport ownership and estimated passenger traffic growth. Private airport operators have higher technology investment spending capability, high adoption rates of next-generation technologies (e.g., artificial intelligence), reduced bureaucratic challenges, and a high focus on ensuring a seamless and enjoyable passenger experience. Airports with high passenger traffic will need to ensure smooth transition of passengers at the airport and reduce aircraft turnaround times during peak hours.
Physical expansion of infrastructure to facilitate growing passenger footfall and additional aircraft is a cost and time-intensive process with multiple challenges, such as disruption to current operations and government and regulatory approvals. Airports in Europe and Asia-Pacific meet the above-mentioned requirements and are key growth engines for this market. Tier 1 and Tier 2 airports across all regions contribute to approximately 74% of the global airport IT market during the forecast period. High passenger traffic, a large number of complex IT systems, high focus on minimizing disruption to operations, and a higher potential to invest more in technology are the key factors for such a high contribution to the airport IT market from these airport Tiers.
In the long term, the opportunities in integration and consulting services for solution providers will grow. Integrating new solutions such as machine learning based forecasting and passenger flow management solutions to the legacy systems of airports is a complex process with a high risk of disruption in operations. As airports migrate to cloud-based infrastructure and solutions, medium- and small-sized participants can also play the role of integrators.
As airports are mitigating challenges, such as the COVID-19 pandemic and physical infrastructure constraints, there is an opportunity for solution providers to provide consultancy services that will help airports face these challenges in a better manner.
Key Topics Covered:
1. Strategic Imperatives
2. Growth Opportunity Analysis - Airport Information Technology Market
3. Market Overview
4. Digital Transformation - Airports
5. Key Airport Processes
6. Impact of the COVID-19 Pandemic
7. Key Market Trends
8. Key Technology Trends
9. Growth Opportunity Analysis - Airport Information Technology Market by Segment Analysis: Tier 1
10. Growth Opportunity Analysis - Airport Information Technology Market by Segment Analysis: Tier 2
11. Growth Opportunity Analysis - Airport Information Technology Market by Segment Analysis: Tier 3
12. Growth Opportunity Analysis - Airport Information Technology Market by Segment Analysis: Tier 4
13. Growth Opportunity Analysis - Airport Information Technology Market by Segment Analysis: Tier 5
14. Growth Opportunity Universe - Global Airport Information Technology Market
15. The Last Word
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/z73muz
Media Contact:
Research and Markets Laura Wood, Senior Manager [emailprotected]
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Helicopter and other technology demos hitch a ride on Mars 2020 – SpaceNews
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WASHINGTON While the primary focus of the Mars 2020 mission will be the search for evidence of past Martian life, the rover mission carries several other payloads that could support future robotic and human missions to the red planet.
Perhaps the highest profile of these payloads is a small helicopter, called Ingenuity, that will attempt to make the first powered flight in the Martian atmosphere. The 1.8-kilogram helicopter, attached to the belly of the Perseverance rover, will be deployed early in the mission for flight tests.
Mars Helicopter is a technology demonstration motivated by the potential to add an aerial dimension to space exploration, MiMi Aung, project manager for Ingenuity at the Jet Propulsion Laboratory, said at a Feb. 16 briefing. Its been fully tested as much as we can on Earth. Next, its time to demonstrate, prove and learn how it operates on Mars.
After the Perseverance rover lands, it will drive to a nearby location that controllers believe is best suited for the helicopter test. It will release Ingenuity, a complex process that takes about 10 days to complete, then drive a safe distance away.
A first flight will go to an altitude of three meters, hovering for 20 seconds before landing. It will truly be a Wright Brothers moment, but on another planet, she said.
If successful, up to four more flights could follow over 30 days. Those flights, up to 90 seconds long, will go to altitudes of three to five meters and travel as much as 50 meters downrange, returning to an airfield landing zone 10 meters on a side.
The $85 million project, intended as a technology demonstration, has not been without controversy. Some scientists involved with Mars 2020 opposed the inclusion of the helicopter, arguing that those tests would take time away from rover operations during the initial phases of the mission. However, with the support of then NASA Administration Jim Bridenstine, the agency decided in May 2018 to fly the helicopter, later named Ingenuity, on the mission.
If successful, Ingenuity could pave the way for flying more advanced helicopters on future robotic and crewed missions, serving as scouts. I think Ingenuity is todays Sojourner, said Matt Wallace, deputy project manager for Mars 2020, during a Feb. 17 briefing. Sojourner was NASAs first Mars rover, flown on the Mars Pathfinder mission that landed in 1997.
Wallace, who worked on Sojourner, recalled there was skepticism at the time of the Mars Pathfinder mission whether a rover would be useful. We found very quickly that having a mobile capability on the surface of Mars was incredibly valuable, he said. I think in almost every way, when you look at Ingenuity, it looks very much the same.
On Perseverance itself, most of its payloads are science instruments intended to study the planet and look for evidence of past life. One, though, is a demonstration of technology for producing oxygen on Mars. The Mars Oxygen In Situ Resource Utilization (ISRU) Experiment, or MOXIE, will attempt to convert carbon dioxide in the Martian atmosphere into oxygen.
Such a technology is critical for future human missions to Mars, enabling crews to produce oxygen needed for both life support and propellant. The use of ISRU technologies for propellant production in particular makes human missions much more feasible, noted Jeff Sheehy, chief engineer for NASAs Space Technology Mission Directorate, at a Feb. 16 briefing.
MOXIE will be turned on three times in the first 30 days after landing, with the first two to test the payload. On the third run, well actually make oxygen under some conservative operating conditions, Sheehy said. MOXIE will be run at least 10 times over the course the mission, testing its ability to produce oxygen at different times of day and seasons of the year.
Each run of MOXIE will be about an hour, producing 6 to 10 grams of oxygen. The technology would need to be scaled up by about a factor of 200 for use on future crewed missions, but the agency hopes to at least prove the technology works on this mission.
The experiment did face a number of development changes that raised questions about whether it could be flown on Mars 2020. There were times where some of the managers worried that the technology couldnt be developed in time to get it on the rover, he said. Theres no question that the team that designed, built and tested MOXIE needed a lot of moxie to overcome all the challenges that were encountered along the way.
Another instrument, SuperCam, features a laser that will be used to zap rocks, allowing it to analyze its chemical composition. An additional aspect of that instrument is a microphone that will listen as the laser fires, which can give scientists clues to the hardness and other properties of the rocks.
The microphone will have other applications as well. It will listen to the wind, listen to the rover and also the infrared laser, Sylvestre Maurice, deputy principal investigator for SuperCam, at a Feb. 16 briefing. Its the first time that well have a microphone on Mars.
The microphone, he said, will allow scientists to study atmospheric turbulence by listening to the wind. In the tenuous atmosphere of Mars, sound propagates differently from Earth, doing so at slower speeds and supporting lower frequencies better than higher ones. The microphone can also provide diagnostic information about the rover itself. Its opening a new world, Maurice said.
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Helicopter and other technology demos hitch a ride on Mars 2020 - SpaceNews
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