STOCK TITAN

Motorola Solutions Steers AI Innovation in Public Safety

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
AI
Rhea-AI Summary

Motorola Solutions (NYSE: MSI) is emphasizing the purposeful use of AI in public safety during Fast Company’s Most Innovative Companies Summit in New York. The company aims to revolutionize safety and security by leveraging AI. Key speakers include Mahesh Saptharishi, Motorola's CTO, alongside notable experts like retired U.S. Army Brigadier General Patrick Huston and University of Pennsylvania professor Michael Kearns. Motorola Solutions invested $858 million in R&D in 2023, holding around 6,560 patents, to advance AI technologies that can significantly reduce 9-1-1 response times, potentially saving 10,000 lives annually in the U.S.

Positive
  • Motorola Solutions is investing heavily in AI-focused R&D, with $858 million allocated in 2023.
  • The company holds approximately 6,560 granted patents, showcasing strong intellectual property.
  • AI innovations are projected to significantly reduce 9-1-1 response times, potentially saving 10,000 lives annually.
  • The company is leading discussions at a high-profile summit, enhancing its reputation as an AI innovator in public safety.
Negative
  • High R&D expenditures, such as the $858 million spent in 2023, can impact short-term profitability.
  • Dependence on AI advancements may pose risks if technological developments do not meet expectations.

Company speaking on purposeful application of AI in public safety at Fast Company’s Most Innovative Companies Summit

NEW YORK--(BUSINESS WIRE)-- Today, Motorola Solutions (NYSE: MSI) is hosting a panel at Fast Company’s Most Innovative Companies Summit to address how artificial intelligence (AI), when designed with the greater good in mind, can help protect and secure communities, schools and businesses.

Motorola Solutions at Fast Company’s Most Innovative Companies Summit. Photo credit: Motorola Solutions

Motorola Solutions at Fast Company’s Most Innovative Companies Summit. Photo credit: Motorola Solutions

“At Motorola Solutions, we believe AI has the power to revolutionize safety and security,” said Mahesh Saptharishi, executive vice president and chief technology officer, Motorola Solutions. “We know AI is here to stay, and it’s incumbent upon the global technology community to come together and discuss considerations for the safety, security and steerability of its use cases. People have to be able to trust AI for it to make a difference.”

At the Most Innovative Companies Summit, Motorola Solutions will lead important discussions with industry experts about designing AI with public safety at the center. The company is committed to leveraging its global leadership in safety and security to help guide the way forward in AI innovation for a safer world.

Saptharishi will be joined by co-panelists Patrick Huston, brigadier general, U.S. Army (ret.) and Michael Kearns, professor of computer science and information, University of Pennsylvania. General Huston is a member of the FBI’s AI Task Force, and was previously a member of the Army's Responsible AI Board in the Pentagon. Michael Kearns is an Amazon scholar and co-author of “The Ethical Algorithm,” a book centered on socially aware algorithm design.

“First responders and 9-1-1 call takers face tremendous stress, having to make critical decisions in microseconds,” added Saptharishi. “AI shows the great potential to assist decision-makers in these life-or-death scenarios, especially when it’s estimated that 10,000 lives could be saved in the U.S. each year if we shave just one minute from 9-1-1 response times. I can’t think of a better calling for innovation.”

Motorola Solutions invested $858 million in research and development in 2023, delivering next-generation technologies and expanding its portfolio of intellectual property, which stands at approximately 6,560 granted patents and approximately 775 pending patents.

About Motorola Solutions

Motorola Solutions is solving for safer. We build and connect technologies to help protect people, property and places. Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security. Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.motorolasolutions.com.

Media Contact

Rebecca Benson

Motorola Solutions

rebecca.benson@motorolasolutions.com

+1 312-919-1645

Investor Contact

Tim Yocum

Motorola Solutions

tim.yocum@motorolasolutions.com

+1 847-576-6899

Source: Motorola Solutions

FAQ

What is Motorola Solutions' stock symbol?

The stock symbol for Motorola Solutions is MSI.

How much did Motorola Solutions invest in R&D in 2023?

Motorola Solutions invested $858 million in research and development in 2023.

How many patents does Motorola Solutions hold?

Motorola Solutions holds approximately 6,560 granted patents and about 775 pending patents.

What is the potential impact of Motorola Solutions' AI on 9-1-1 response times?

Motorola Solutions' AI innovations could reduce 9-1-1 response times by one minute, potentially saving 10,000 lives annually in the U.S.

Who are the key speakers from Motorola Solutions at the Most Innovative Companies Summit?

Key speakers include Mahesh Saptharishi, CTO of Motorola Solutions, retired U.S. Army Brigadier General Patrick Huston, and University of Pennsylvania professor Michael Kearns.

Motorola Solutions, Inc. New

NYSE:MSI

MSI Rankings

MSI Latest News

MSI Stock Data

77.66B
166.46M
0.38%
87.36%
0.83%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
Link
United States of America
CHICAGO