DP World taps young tech innovators to create new global trade solutions
DP World taps young tech innovators to create new global trade solutions
Open innovation challenge -- THE BIG TECH PROJECT – launched to leverage new technology for global trade problems
Four finalists will travel to Dubai to present their solutions before a grand jury
Chennai, 3 November 2022: DP World recently opened its doors to students from the top universities in UAE and India to reimagine global supply chains and create new technology-driven solutions in its first-ever innovation challenge, THE BIG TECH PROJECT.
DP World challenged the university students to design and build prototypes of their proposed trade solutions, under the expert guidance of mentors from DP World's Global Technology team.
After receiving dozens of entries, four finalists have now been selected, with three from India and one from the UAE. They will be flown on an all-expenses paid trip to Dubai in November to present their solutions to DP World’s THE BIG TECH PROJECT jury.
The grand finale will take place at the end of November where the finalists will compete for DP World's first-ever Student Innovators title. All finalists will be given guaranteed internships at DP World and Macbook laptops, while the winner and runner up will receive cash prizes as well.
“By digitising a traditionally analogue industry, DP World aims to make trade smarter, to keep it flowing, increase visibility and minimise disruption. This is how trade networks fit for the future are built. Initiatives like THE BIG TECH PROJECT will help us accelerate this trend by tapping into the creativity of some of the brightest young minds in India and the UAE. I am excited to see the solutions these student innovators have devised to solve real world problems,” said DP World Group Chairman and Chief Executive Officer, Sultan Ahmed Bin Sulayem.
The four finalists are from:
University
Solution
Mohamed bin Zayed University of Artificial Intelligence, Abu Dhabi, UAE
A 3D visual guidance equipment maintenance and inspection system for port terminal equipment.
International Institute of Information Technology (IIIT) Bangalore, India
Leveraging the metaverse to give students a real-time understanding of daily life in different careers, help them make informed decisions.
IIIT Bangalore, India
VR experience for Dragonmart where customers and wholesalers can benefit mutually.
IIT Kharagpur, India
Digital-twin solution to tackle harbour congestion, unpredictable demand and unreliable operations.
While the students prepare their solutions, DP World continues to expand its tech centres worldwide and build new solutions. It recently established two new tech centres at Bengaluru and Hyderabad in India, with another upcoming centre in Gurgaon.
The new tech employees will take on a variety of roles – from developers, product and project management, quality assurance and automation, UX Design, system analysts and system design – fulfilling DP World’s vision of building technologically advanced integrated services to help trade flow. They will work on cutting-edge applications of heavy automation, AI/ML and robotics – such as DP World’s unique proprietary Box Bay technology.
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For DP World media enquiries, please contact:
Adal Mirza
Head of Media Relations
Adal.mirza@dpworld.com
+971 56 355 0899
Tarek Kiwan
International Media Relations Manager
Tarek.Kiwan@dpworld.com
+971 50 818 9722
Munj Pandya
Account Manager
munj.pandya@edelman.com
+91 88664 65055
Notes to the editor:
About DP World
We are the leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the globe. Our comprehensive range of products and services covers every link of the integrated supply chain – from maritime and inland terminals to marine services and industrial parks as well as technology-driven customer solutions.
We deliver these services through an interconnected global network of 295 business units in 78 countries across six continents, with a significant presence both in high-growth and mature markets. Wherever we operate, we integrate sustainability and responsible corporate citizenship into our activities, striving for a positive contribution to the economies and communities where we live and work.
Our dedicated, diverse and professional team of more than 97,600 from 158 nationalities are committed to delivering unrivalled value to our customers and partners. We do this by focusing on mutually beneficial relationships – with governments, shippers, traders, and other stakeholders along the global supply chain – relationships built on a foundation of mutual trust and enduring partnership.
We think ahead, anticipate change and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies and our planet.
