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Kapsch TrafficCom Expands Inclusive AI Initiative to Chile, Leveraging Unique Skills for Competitive Advantage

by theamericannews
August 13, 2024
in Chile
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Kapsch TrafficCom Expands Inclusive AI Initiative to Chile, Leveraging Unique Skills for Competitive Advantage
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Kapsch TrafficCom Expands Inclusive AI Initiative to Chile, Leveraging Unique Skills for Competitive Advantage

(IN BRIEF) Kapsch TrafficCom is expanding its AI annotation initiative to Chile, building on a successful program in Vienna, Austria, where individuals with autism are employed to train AI systems for traffic management. The Chilean team will join the global effort to enhance Kapsch TrafficCom’s image recognition technology used in tolling and vehicle classification. This expansion highlights the company’s commitment to both technological innovation and inclusive employment, providing valuable job opportunities for people with autism while giving Kapsch a competitive edge in the region.

(PRESS RELEASE) VIENNA, 13-Aug-2024 — /EuropaWire/ — Kapsch TrafficCom, a global leader in intelligent transportation systems, has announced the expansion of its AI annotation efforts to Chile. This initiative builds on the success of a similar program in Vienna, Austria, where individuals with autism have been employed to train the company’s image recognition AI. This technology is crucial for applications like automatic number plate recognition and vehicle classification used in tolling and traffic management systems.

AI annotation involves adding detailed labels and information to data, which is essential for training intelligent systems to function independently. The meticulous nature of this work, which requires strong attention to detail and persistence, aligns well with the skills often found in individuals with autism. Since its launch in 2019, the Vienna-based project has thrived, and its expansion to South America marks a significant milestone for Kapsch TrafficCom.

Samuel Kapsch, Region Head Latin America at Kapsch TrafficCom, expressed pride in the initiative’s growth, highlighting its inclusivity and the competitive edge it provides. He noted that no other company in the region is undertaking a similar initiative, positioning Kapsch TrafficCom as a leader in both AI development and social responsibility.

The Chilean team will collaborate with the global annotation team, contributing to the ongoing development and refinement of Kapsch TrafficCom’s AI-based image recognition software. This expansion not only supports the company’s technological advancements but also provides meaningful employment opportunities for individuals with autism, who often face challenges in the job market.

As AI continues to grow in importance across various industries, Kapsch TrafficCom’s innovative approach to AI annotation underscores its commitment to both technological excellence and inclusive employment practices.

Kapsch TrafficCom has been active in Latin America since 2000 and has now implemented projects in 10 countries and 19 cities in the region. Under the leadership of Samuel Kapsch, the focus is primarily on modern tolling systems and intelligent traffic management solutions for highways and cities to avoid congestion and reduce emissions. With the annotation team, AI development will also play a growing role in Latin America.

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

With one-stop-shop solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2023/24 financial year, about 4,000 employees generated revenues of EUR 539 million.

Carolin Treichl
Executive Vice President Marketing & Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
[email protected]

Sandra Bijelic
Head of Corporate Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
[email protected]

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=66bbabc0883e47ffa4b84856cfd077d5&url=https%3A%2F%2Fnews.europawire.eu%2Fkapsch-trafficcom-expands-inclusive-ai-initiative-to-chile-leveraging-unique-skills-for-competitive-advantage%2Feu-press-release%2F2024%2F08%2F13%2F15%2F17%2F35%2F138755%2F&c=13364145028980649451&mkt=en-us

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Publish date : 2024-08-13 07:17:00

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Tags: AmericaChile
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