Connect with us

Technology

University of Maryland and American University Students Inspire Transportation Innovation in Maryland

Published

on

COLLEGE PARK, Md., April 17, 2026 /PRNewswire/ — Students from across the University of Maryland (UMD) and American University (AU) communities, including many from the Robert H. Smith and Kogod Schools of Business, rose to the occasion in serving the transportation needs of Marylanders during the 7th Annual Smith Analytics Consortium Datathon Finale on Friday, April 10, 2026.

This year’s iteration of the datathon was sponsored by the Maryland Department of Information Technology (DoIT), marking the state’s first sponsorship of the competition, and was hosted in collaboration with AU and Deloitte.

Open to all UMD and AU students, the 15-day-long competition saw 21 teams, consisting of graduate and undergraduate students, use datasets from the state’s open data portal and compete for their share of a total of $7,500 in cash prizes. Ultimately, they provided the Department of Transportation, Department of Commerce and DoIT with recommendations for pinpointing specific locations, roadway corridors or railway station areas where the creation of mixed-use communities could best connect Marylanders to more jobs and prosperity.

Taking home first place honors this year and earning a $3,000 prize was Team Syntax Errors, featuring UMD’s Archit Tiwari, MBA ’27; Aditya Agarwal, MSBA & AI ’26; Anaushka Taneja, MSBA & AI ’26; Rushil Joshi, MS in Data Science ’27; Gregory Butler ’27; Blake Simonds SPP ’27; and AU MSSM graduate student Hettie Bawden. 

Their solution focused on first- and last-mile improvements for commuters in Baltimore City and Montgomery, Prince George’s, Baltimore and Anne Arundel Counties, through micro-transit feeders and at-home shuttle collection services to larger transit stations. It also marked the first time a cross-university team won the competition, with four of the final six teams falling into that category.

Delivering remarks before the start of Friday’s presentations, DoIT Secretary Katie Savage highlighted the competition’s unique nature, which used real data to drive tangible impact in the region. She challenged students to continue applying the skills learned from these opportunities to enact positive change wherever they go. 

“One of the best things about being young is that you haven’t yet learned to stop asking questions, to accept the status quo,” said Savage during the event. “It’s very important that wherever you go, whether you choose to join us in the public sector, whether you go into the private sector, or maybe you start something of your own, that you do everything you can to always keep that spirit of innovation alive.”

Also, before the student presentations, Smith School Dean Prabhudev Konana addressed how the event embodies critical pillars of the Smith School’s strategic plan, including experiential learning, interdisciplinary education, the principle that “business is everyone’s business,” and serving local communities and the state of Maryland more broadly. 

“I think today’s generation of students has an incredible amount of ideas and skills to solve real problems. These datathons and similar competitions bring out the best in our students,” said Konana. “Thank you to the students for spending their time and hard work on these projects and thank you to our partners from MD DoIT, American University and Deloitte for their support of one of the best competitions on campus.”

Friday’s finale saw the top six teams present their findings to a panel of judges that included Savage, as well as Julia Fischer, Deputy State Chief Data Officer, MD DoIT; Jim Palma, Research Director, MD Dept. of Commerce; Rashmi Mathur, Managing Director, Deloitte; and Elizabeth Muse, Senior Manager, Deloitte. 

Mathur, who also serves on Smith’s Master of Science in Information Systems & AI advisory council, acknowledged the competition’s importance in bringing together public and private stakeholders across the region to pursue new solutions to pressing issues. 

“Being in connection with students is important, given it’s the pipeline of our future. Being able to interact with and help them develop important skills, that’s exactly the kind of thing Deloitte likes to do,” said Mathur. “Seeing new points of view and how students bring fresh perspectives to tough problems is always invigorating on a personal level.” 

Sahej Singh, Class of ’29, a UMD computer engineering major and competition participant, appreciated that this year’s challenge enabled teams to present to Deloitte representatives and state officials and deliver solutions with the potential to impact the state. 

“Living in Montgomery County and being a student from Maryland, it’s cool to have real findings and possibly develop an impact in the state where you and the partners you’re serving are from,” Singh said. “This event is another example of how many opportunities there are to get involved at UMD. We have learned so much over the span of these two weeks.”

AU Business Analytics & AI graduate student Matthew Park enjoyed the opportunity to expand his professional network and apply what he’s learned in the classroom in a real-world setting. 

“I helped with our team’s data visualization, and it was pretty gratifying to implement skills like using Tableau or even just using problem-solving skills outside of the classroom,” Park said. “I didn’t expect to be a finalist, but it was a wonderful experience, and I met so many new people.”

Shawn Janzen, Professorial Lecturer and Director of the MS Business Analytics and AI program at AU’s Kogod School of Business, recognized how the event brings together people from a range of colleges, schools and disciplines across both campuses. He said that the combination of backgrounds “offers a richer experience” for those involved and encourages all students to participate in future competitions.

Janzen feels many students hear the word ‘data’ and think they can’t do it. “One of the students from my campus on the winning team is part of a master’s program in sustainability management. That was not necessarily the focus of this competition, but she saw herself as part of it, and the team made it part of their solution.” 

Smith Analytics Consortium Director John Bono, clinical professor of information systems and the Associate Department Chair of Decision, Operations & Information Technologies at the Smith School, said these types of events offer students invaluable experiences “to tell a story” in future job interviews, in which they can share their thought processes from a major challenge and translate them into potential impact for their career. 

Bono also shared that the Maryland DoIT has already expressed interest in extending its partnership for next year’s competition. 

“It’s validating to know that the students are doing these projects with real data and coming up with insights that the state of Maryland will consider,” said Bono. “They came to us asking for out-of-the-box projects and ideas, and my hope is that we delivered on that front.”

About the University of Maryland’s Robert H. Smith School of Business
Located eight miles from Washington, D.C., 35 miles from Baltimore, and situated inside the Capital Beltway, the Robert H. Smith School of Business is a recognized leader in management education and research. Smith’s over 70,000 alumni are part of the 400,000-strong University of Maryland alumni community. One of 12 colleges and schools at the University of Maryland in College Park, the Smith School is plugged into the business, government, nonprofit and professional networks of the Baltimore-Washington, D.C., metroplex. We offer undergraduate, online and on-campus business master’s, full-time, part-time, online and executive MBA, PhD and DBA degree programs, graduate certificates, and non-degree and executive education programs.

Contact: Veronica Robinson, vrobins9@umd.edu

View original content:https://www.prnewswire.com/news-releases/university-of-maryland-and-american-university-students-inspire-transportation-innovation-in-maryland-302746199.html

SOURCE University of Maryland’s Robert H. Smith School of Business

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

Published

on

By

LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets. 

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades. 

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes. 

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.” 

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.” 

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-introduces-spread-to-benchmark-quoting-for-eur-and-gbp-portfolio-trading-baskets-302787922.html

SOURCE Bloomberg L.P.

Continue Reading

Technology

Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

Published

on

By

SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

 

View original content:https://www.prnewswire.com/news-releases/dr-sunho-kang-a-senior-battery-technology-executive-with-leadership-experience-at-major-global-battery-and-ev-manufacturers-joins-terawatt-technology-as-head-of-product-and-technology-302786854.html

SOURCE TeraWatt Technology Inc.

Continue Reading

Technology

Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

Published

on

By

HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.    

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tencent-cloud-and-soniox-announce-strategic-partnership-combining-advanced-speech-to-text-stt-technology-with-global-real-time-infrastructure-302786832.html

SOURCE Tencent Cloud

Continue Reading

Trending