Ride sharing spend by consumers to exceed $930bn globally by 2026

Hampshire, UK. 13th December 2021 – A new study by Juniper Research has found that ride sharing spending by consumers globally will exceed $937 billion (€831.27 billion) by 2026, comparable to 50 times the combined annual revenue of Transport for London, New York City’s MTA, and the Beijing Metro in 2021. This spend represents an increase from $147

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$10mn superfast EV charging facility aims to connect Barcelona and Paris, looks for crowdfunding

L-Charge start-up announced crowdfunding campaign in order to partially fund its “Green route” project. The “Green Route” is supposed to facilitate the major highways between Barcelona and Paris with super fast EV-chargers. L-Charge promises to allow it to charge electric cars for up to 100km in just 10-20 min.

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Transforming mobility: 7 ways to use data in the automotive industry

Data is central to the automotive development process. Without data, self-driving cars, electric vehicles and the infrastructure that has helped to build them would not be actualised.

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IoTSWC aims to take connectivity to ‘next level’, including IoT, artificial intelligence and blockchain

Digitalisation is making a relentless headway and transforming all kinds of industries and economic sectors, as a result of which many companies are assessing the most suitable technologies to invest in.

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‘Transformative’ urban digital twin and city modelling deployments to exceed 500 by 2025, says ABI

The digital twin concept and the urban modelling paradigm, more generally, are transforming how cities are designed, monitored, and managed.

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Atmos Home announces seed US$1mn funding as it launches ‘intelligent’ smart home control system at CES

Atmos Home, developer of AtmosControl, is claiming to offer “the world’s most intelligent smart home control system”. It has closed on a US$1 million (€0.88 million) seed round from Luminance Brands, a designer and distributor of high-end lighting solutions to the commercial and residential markets.

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The need to integrate data is urgent and non-trivial, says the Father of IoT

Kevin Ashton has been an executive director and visiting engineer at Massachusetts Institute of Technology (MIT) where he led work on the next generation of computing. Perhaps more importantly for this report, says Jeremy Cowan, he is the man who coined the term the ‘Internet of Things’.

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Al Merqab smart system regulates and monitors limo and e-hail services

Roads and Transport Authority, through its pavilion at Gitex 2018 held in Dubai World Trade Centre, has exhibited Al Merqab smart system developed to regulate and monitor the services of the limo and e-hail sector.

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Data driven cities unlock the congestion conundrum

If there’s one thing you can’t escape, it’s congestion. Hours upon hours of waiting in endless queues, seems the standard for commuters in most in major cities. According to INRIX 2017 Global Traffic Scorecard, in Los Angeles,

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Sigma advances its product portfolio for the next generation of digital services

Sigma Systems, the  provider of catalogue-driven software, announced their latest product innovations in support of communications service providers looking to quickly adopt new business models for the next generation of digital services, while combining them with their core services.

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Origin Protocol and NuCypher bring data privacy to decentralised sharing applications

Origin Protocol, a blockchain startup that is building the infrastructure for a new decentralised sharing economy, has announced they are forming a technology partnership with NuCypher, a company that provides encryption technology to decentralised applications.

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Caution: Venture capitalists at work

We will look back on March 2018 as the time when Facebook lost $37 billion (€30.01 billion) from its valuation – as did the bluest of chips such as Apple, Netflix and Amazon.

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How artificial intelligence is projected to influence the automotive industry

Artificial intelligence and data science are two main technologies that forms the processes of the automotive. Since 2017, Udacity selected a group of 18 talented engineers (out of hundreds of applicants) to form the Self-Racing Cars team Udacity offer the first self-driving Nanodegree program.

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Rise of the smart city will come with the car’s death

Some people like change, some people don’t like change, and when it comes to building anything most fear the cars that come with it. Antony Savvas considers whether his local paper will ever be free of parking fears, let alone full of brave new world attitudes to smart cities.

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Global revenue generated by ride-hailing services is expected to reach nearly $1.2 tn in 2026

A new report from Navigant Research examines the global market for mobility as a service (MaaS) solutions, including carsharing, ride-hailing, micro transit, automated mobility, and peer-to-peer (P2P) rental services.

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Preparing for the new EU data laws in the IoT space

Another day, another story of a cyber breach hits the news. Recent reports suggest that Uber was one of the latest victims, with 2.7 million people in the UK being affected by a cyber attack that took place in 2016, says Steven Farmer of Pillsbury Law.

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