Leading urban innovator Megaworld Corporation won three prizes at the Real Estate Asia 2024, showcasing its proficiency in smart technology and digital efforts in the Philippines.
Megaworld received three awards: Technology Innovation of the Year, Smart Technology of the Year, and Digital Initiative of the Year - Philippines.
Their state-of-the-art hub
The Township Analytics and Technology Laboratory, a cutting-edge hub devoted to creating smart city solutions that improve safety, efficiency, and sustainability, is at the center of these accomplishments.
The lab serves as both a testbed for prospective urban environments and a functional example of how technology may be used to build intelligent networked ecosystems.
One of the lab's most noteworthy innovations this year is the Accident Detection Program, which has significantly increased safety throughout Megaworld's townships.
The program's implementation resulted in a 93% decrease in accidents, demonstrating its efficacy in improving community safety, as it allowed for rapid identification and response to incidents.
Technological commitment
Megaworld's custom-designed drones and facial recognition software add to the company's technological commitment.
From demographic analysis to attendance tracking, these tools have become essential for optimizing operations and providing a seamless solution that enhances Megaworld's understanding of its communities.
In addition to improving the accuracy of foot traffic analysis, these also shorten emergency reaction times, improving township management's safety and effectiveness.
Megaworld keeps an eye on the future as it aims to transform urban living.
