OTIS Innovation Challenge

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OTIS Innovation Challenge

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Screen Shot 2018 07 17 at 12.07.18 AM

The OTIS Innovation Challenge by Otis (Vertical Transportation division of United Technologies Corporation) and T-Hub is inviting innovative, scalable and smart solutions that can be integrated with Elevators, Escalators and Travellators to improve their efficiency and utilization. United Technologies Corporation is a Fortune 50 diversified aerospace and building systems provider and is headquartered in Farmington, Connecticut, U.S.A.

Otis is committed to improving their passenger experience and is seeking innovative solutions that can seamlessly interact with other building equipment systems. The solutions should be able to use information provided by cameras, sensors, great time traffic, transit, weather data etc to improve the efficiency of Elevators, Escalators and Travellators. The solutions should  use low cost general purpose computing, sensing and connectivity hardware and should focus on passenger demand anticipation, data analytics of the passenger and smart interaction with other building equipment systems.

The startups selected through this program will get the opportunity to work with technology leaders and mentors from the United Technologies Corporation, and a funding of upto $ 10,000 to develop the proof of concept which will be showcased during the demo day. The selected startups will also have access to T-Hub”s network of mentors, investors and also industry experts.

The complete list of challenge areas can be obtained from the OTIS Innovation Challenge program website here

IMPORTANT DATES:

Last date of application: 22nd July 2018

Pitch Date: 10th august 2018

Nano accelerator begins: 30th and 31st august 2018

Demo day: 11th and 12th October 2018

Winner”s announcement: 28th October 2018

Winner start-up day: 12th November 2018

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Arpita Soma

Arpita is a huslter at Yograd.com , an avid reader and a social media enthusiast. She is very passionate about making graduates more 'employable' and women ' empowered'. When she gets some time off her startup, she is busy working on ticking off things from her bucket list . She also loves to write and blogs at www.myapplemartini.blogspot.in