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News

Ducati MotoGP Team Signs Lenovo As Title Partner

Author: Anusuya Lahiri | February 09, 2021 01:26pm
  • Lenovo Group Limited (OTC: LNVGY) (OTC: LNVGFsigns as the Title Partner for Ducati MotoGP, building upon their three-year technology partnership towards the incorporation of data analytics, artificial intelligence (AI), and smart software solutions in motorbike racing.
  • “The global motorsports market is expected to continue to grow by 10 percent annually through 2025, driven in part by the role of IT in the increasingly data-driven world of motorbike racing,” said Lenovo SVP Luca Rossi.
  • Lenovo and Ducati are developing R&D plans to implement a virtual desktop infrastructure remote working Ducati engineers. Additionally, they are exploring augmented and virtual reality (AR/VR) technologies for motorbike mechanics.
  • Price Action: LNVGY shares are up 3.92% at $26.34 on the last check Tuesday.

Posted In: LNVGF LNVGY