{"id":39258,"date":"2024-05-09T10:37:23","date_gmt":"2024-05-09T00:37:23","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=39258"},"modified":"2024-05-09T10:37:23","modified_gmt":"2024-05-09T00:37:23","slug":"digital-catapult-puts-uk-transport-on-path-to-success-with-pioneering-ai-accelerator","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=39258","title":{"rendered":"Digital Catapult puts UK transport on path to success with pioneering AI accelerator"},"content":{"rendered":"

As part of the Innovate UK BridgeAI programme,\u00a0Digital Catapult<\/a>\u00a0has announced that seven cutting-edge companies from across the country will join its High Growth AI Accelerator for transport, to drive adoption of artificial intelligence (AI) and machine learning (ML). <\/p>\n

The new cohort will develop vital solutions to unlock economic growth and investment opportunities, and will partner with transport leaders to solve operational challenges, such as improving optimisation and efficiency for\u00a0Transport for London<\/a>\u00a0(TfL), given that the market for AI in transportation is projected to soar to\u00a0\u00a35 billion<\/a>\u00a0by 2027.\u00a0<\/p>\n

TfL, which manages a\u00a0bus fleet of approximately 9,300 vehicles operating on 675 routes across the city of London,\u00a0will work with\u00a0OpenCapacity<\/a>\u00a0and\u00a0PodTech<\/a>\u00a0to achieve productivity and efficiency gains, while improving the accessibility of bus service. TfL will explore how a new solution could improve the experience of its service users, primarily supporting those that travel across the city by bus and use a wheelchair, as the adoption of AI solutions in the transport sector is expected to increase significantly over the next\u00a0five years<\/a>.\u00a0\u00a0<\/p>\n

The AI-powered solution will detect and communicate the real-time status of wheelchair priority spaces on buses to its customers, making use of smartphone technology and an integration with its journey planning app, TfL Go. As\u00a087<\/a> per cent\u00a0of the UK population use a smartphone, the solution will look to improve journey planning for all passengers, increase levels of customer satisfaction, and help the transport operator to maintain levels of operational efficiency during busy periods.<\/p>\n

The cohort will also consider new ways to support transport and infrastructure companies, as\u00a0Bahut Limited<\/a>\u00a0and\u00a0Hackney AI Ltd<\/a>\u00a0will work on a container placement optimisation challenge with the\u00a0Port of Tyne<\/a>. The challenge will consider how shipping containers can be placed in an order that will minimise the number of times they need to be moved, when they are retrieved. Reorganisation currently accounts for 35 per centr of all container movements within the terminal, and a new AI-powered solution could see a reduction in fuel consumption and carbon emissions, marking a new era of sustainable logistics optimisation tools.\u00a0<\/p>\n

Atera Analytics Ltd<\/a>,\u00a0Singular Intelligence Limited\u00a0<\/a>and\u00a0iPurvey<\/a>\u00a0will collaborate closely with\u00a0RailX<\/a>, to automate and optimise rail and road freight bookings made via RailX\u2019s online platform. Decarbonising the booking process while maintaining efficiency and driving business productivity is paramount to RailX\u2019s long-term commercial success, and will demonstrate the value of AI and ML to achieve sustainability gains in the transport sector.\u00a0<\/p>\n

The announcement marks the commencement of the 14-week programme, where Digital Catapult will provide each startup with a range of resources, including computational power, strategic guidance, holistic diagnostics, tailored support, and a showcase platform to accelerate the readiness of their AI and ML solutions. Programme participants will also gain access to a dynamic ecosystem of AI developers and adopters, opportunities for workshops, masterclasses, and peer-to-peer learning, to sharpen their expertise and capabilities.\u00a0<\/p>\n

The High Growth AI Accelerator for BridgeAI is designed to provide startups and scaleups with a space for experimentation to help them to develop responsible, ethical and desirable AI and ML solutions. These solutions are designed to effectively tackle the current challenges, while also being flexible enough to adapt according to future operational needs. This will create new opportunities for collaborative endeavours between the cohort and industrial partners in the long-term, driving sustainable growth of the transport sector.<\/p>\n

Jessica Rushworth, Chief Strategy and Policy Officer at Digital Catapult, said:\u00a0\u201cThe BridgeAI transport accelerator holds the potential to address critical challenges within the sector and open up several new avenues for economic growth and investment. Achieving efficiency, productivity and sustainability gains in the transport industry will be a key determinant\u00a0 to fostering sustainable sectoral growth.\u201d<\/p>\n

Sara El-Hanfy, Head of AI & ML at Innovate UK, said:\u00a0\u201cIt\u2019s inspiring to see the projects moving forward as part of the High Growth Accelerator.\u00a0 As part of the Innovate UK BridgeAI programme, this initiative shows how the cohort of companies joining could influence and accelerate the adoption of AI. There is huge potential for AI to have a transformative effect on both efficiency and productivity for these projects spanning from London to north-east England and across different transport modes, promising wide-reaching benefits for the sector.\u201d<\/p>","protected":false},"excerpt":{"rendered":"

As part of the Innovate UK BridgeAI programme,\u00a0Digital Catapult\u00a0has announced that seven cutting-edge companies from across the country will join its High Growth AI Accelerator […]<\/p>\n","protected":false},"author":0,"featured_media":39259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[47],"tags":[7,11],"class_list":["post-39258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rail-news","tag-transport","tag-usa"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t