We all know how elevators are quintessential feature of our day to day lives. Beyond their functional use, the innovations developed by elevator industry can act as a true inspiration to many other disciplines.
It is estimated that typically 40% of energy in the world is consumed by buildings and the elevators account for 10% of that energy consumption.
Elevators have come a long way from their earlier avatars of being slow, getting stuck between floors to becoming really smart.
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Three core innovations that characterize the smart elevators are:
1. Dynamic dispatch
Smart elevators are designed to . . .
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