Tag: Mobility

Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars

In May 2017, Ford announced that it had replaced its CEO, Mark Fields, who had been with the company since 1989, with Jim Hackett. Despite being on Ford’s board since 2013, Hackett was probably best known for leading Steelcase, the large office-furniture company, for decades and turning around its fortunes, as well as for working… Continue reading Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars

Canada wants to promote Autonomous Driving

The Canadian government is planning more promotion for autonomous driving within the NAFTA rules. The North American Free Trade Agreement (NAFTA) deals with the United States, Mexico and Canada. The latter calls for support for autonomous driving under the NAFTA agreement. The previous rules of the Agreement provide that for the duty-free importation of goods… Continue reading Canada wants to promote Autonomous Driving

Wall Street sours on Hackett’s Ford

DETROIT — To hear Wall Street tell it, Ford Motor Co. is in dire straits. Ford shares last week fell under $11, lower than when Jim Hackett became CEO last May, despite big gains for the broader market in those eight months. Ford’s earnings outlook for the year dimmed in light of lower-than-expected 2017 results.… Continue reading Wall Street sours on Hackett’s Ford

Mahindra First Choice Wheels Raises $15 Million valuing the company at $265 Million

Mahindra First Choice Wheels Raises $15 Million valuing the company at $265 Million – Funds are primary infusion into the company to fund growth over the next 18 months– Existing investors participating in this round– Over the last five years, monthly revenue growth for the company at 3.5% with annual growth rate of over 50%–… Continue reading Mahindra First Choice Wheels Raises $15 Million valuing the company at $265 Million

Sidewalk Labs spinoff Coord aims to connect navigation apps, public transit and ride-sharing services

A loading zone in Seattle’s Pioneer Square neighborhood. (Flickr Photo / SDOT) Over the past year, analysts from a Sidewalk Labs spinout called Coord have been playing a game of “would you rather?” with Seattle drivers. Would you rather shoot for rockstar parking downtown, knowing you may have to circle the block a few times, or… Continue reading Sidewalk Labs spinoff Coord aims to connect navigation apps, public transit and ride-sharing services

Juniper Research names moovel Group as leading disruptor in mobile ticketing

Portland, Oregon, Jan 23, 2018

Press Contact for this Press Release (1)

Melanie Graf

Communications moovel

melanie.graf@moovel.com

Tel: +49 176 30 941 349

Fax: .

Market report predicts company will significantly grow and impact the mobility sector with transportation solutions In 2017, 22.3 million transactions have been made via moovel apps moovel at Transport Ticketing Global in London Portland, Oregon, January, 23, 2018. Today Juniper Research has named moovel Group, the leading provider of public transit mobile ticketing and fare validation solutions as a market leading disruptor in their latest report, Mobile & Online Ticketing: Transport, Events & NFC 2017-2022. Juniper’s report outlines moovel’s strong position in the industry, predicting that the company will grow significantly over the next twelve months by developing strategic partnerships with a wide range of mobility service providers. In 2017, 22.3 million transactions have been made via moovel apps. The moovel Group has 3.7 million users in the United States and Europe.
As digital ticketing continues to evolve alongside trends such as intelligent transport networks and near field communication (NFC) technology, Juniper expects over 40 billion tickets to be bought via mobile and online means by the end of 2022. With this shift toward consumer-driven purchasing, mobile wallets and in-app integration will become pivotal features of transportation services. Juniper forecasts that moovel’s experience with these technologies, current transit solutions, Daimler-backing, customer base and innovative new products, such as Fare Connect, will enable the company to disrupt the mobility sector and further drive market leadership in the United States.
“Juniper Research is known for being truly tapped into the mobile ticketing industry and able to accurately forecast where the sector is heading,” said Nat Parker, CEO of moovel North America. “ Their inclusion of moovel as a market leader and disruptor in this latest report is a tremendous validation of the mission our company has set out to accomplish. We believe that the future of mobile ticketing and transportation will offer a more convenient, accessible, and ultimately cost-effective experience for all parties, and look forward to delivering solutions that will help us achieve this goal.”
Acknowledged as the leading analyst house in the Fintech & Payments sector for over a decade, Juniper delivers pioneering research into payments, banking, and financial services. Juniper is fully independent, operating with a team drawn from experienced senior managers with proven track records in each of their specialist fields.
From January 23-25, 2018 in London, moovel will be presenting its latest developments at Transport Ticketing Global, the world’s largest public transportation gathering. On January 24, moovel N.A. CEO Nat Parker will speak about “The Mobility Opportunity” at platform 3.
About moovel
moovel Group GmbH is an urban mobility company, that aims to make cities smarter. Founded by Daimler AG, the maker of Mercedes-Benz, with the global mission to find solutions for the disconnected and ever-changing state of urban transportation and to discover how new technologies will affect the way we’ll move tomorrow. Being a part of Daimler Financial Services AG, moovel Group GmbH is headquartered in Stuttgart, Germany, and led by Global CEO Dr. Daniela Gerd tom Markotten. For more information, please visit http://www.moovel-group.com/.
About Juniper Research
Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.
Further information is available on the Internet:
http://www.moovel-group.com/

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Nuro’s self-driving vehicle is a grocery-getter and errand-runner

 Not every self-driving car has to be able to move passengers from point A to point B. Take, for example, Nuro: The startup just revealed their unique autonomous vehicle platform, which is more of a mobile small logistics platform than a self-driving car. The company, which has been working away in stealth mode in Mountain… Continue reading Nuro’s self-driving vehicle is a grocery-getter and errand-runner

January 2018 snapshots: Self-driving cars, convolutional neural networks, small parts inspection, new MIPI specification

In the January 2018 snapshots, learn about Waymo’s self-driving cars, convolutional neural networks that are enabling deep learning, a small parts inspection turnkey vision system, and a new MIPI specification that provides a standardized way to integrate image sensors in mobile-connected devices.