Core Insights - The new smart monitoring system for elevators in Beijing's Economic Development Zone has significantly reduced the incidence of elevator failures by 42% and shortened the response time to sudden failures by 60% [1][2] Group 1: System Features - The system utilizes sensors and AI models to monitor elevator conditions in real-time, allowing for a 72-hour advance warning of potential failures such as cable bending or component wear [1][2] - It creates a "health record" for each elevator by assessing operational data, including speed and door status, and provides risk predictions [1] Group 2: Operational Impact - Since its trial run, the system has been implemented in over 600 elevators across residential and industrial areas, with plans to add 2,000 more this year [2] - The system also addresses user behavior by providing real-time alerts for improper actions, such as blocking doors or rough riding, and can communicate with users through voice prompts [2] Group 3: Emergency Response - In case of entrapment, the system quickly identifies the situation and reassures trapped individuals while notifying maintenance and regulatory bodies to initiate emergency protocols [2]