Invest Sofia joined the 2023 Global Mobile (GLOMO) Awards ceremony. The event celebrates the companies, individuals and governments who have driven the greatest innovation in mobile and adjacent industries. The award ceremony was held during the Mobile World Congress (MWC) 2023 in Barcelona, where our CEO PhD Maria Hristova is on a series of B2B meetings with Catalonia companies and organizations for business development and investment promotion.
The GLOMO Awards are the most prestigious accolade in the mobile industry, judged by over 150 independent judges worldwide. This year, winners were recognized in over 25 different categories, including Best Mobile Innovation for Connected Health and Wellbeing, Best Mobile Innovation supporting Emergency or Humanitarian Situations, Best Mobile Innovation for Cities, and more.
It was interesting for us to learn more about the winning company in Best Mobile Innovation for Cities. The prize went to the South Korean telecom SK Telecom for its Location Intelligent Solution, LITMUS. LITMUS has been introduced to cities to drive down social costs and alleviate GHG emissions by analyzing users’ de-identified location data. Built with big data and AI technologies, this innovative solution reduces traffic congestion by supplying real-time traffic volume to both the Intelligent Traffic System (ITS) and smart interchange system. It also helps prevent accidents at road intersections by linking people’s real-time location information to traffic light data. By applying LITMUS to diverse city projects set up to solve traffic, environmental, and safety issues, the company created social value worth KRW 40 billion in 2022 (over 28 billion euros), Telecomlead article explains.
For the first time this year, a GLOMO Lifetime Achievement Award was presented. The award honored the American engineer Martin Cooper, who led the team that in 1973 created the first Motorola cell phone. Cooper made the world’s first mobile call and is widely considered the father of the mobile phone.So many interesting projects were presented during the awards. You can check them all from the page here.