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Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform

TechCrunch

Mass transit has made a rebound with the return of city life post-Covid 19, and today a startup that’s building tech to help it run more smoothly is announcing a big round of funding to meet the rush. billion, which the Israeli startup says makes it the first “unicorn” in the public transportation tech space.

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“Cloud adoption momentum in the GCC will gain further impetus in 2024”

CIO

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. How has the past year changed the landscape for technology leaders?

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Top Transportation Technology to Know in 2020

Altexsoft

This is a guest article by tech writer Hunter Amato. From robotics to marketing, the technology of the world is changing. But does that only apply to technology firms? Of course, the transportation industry is no exception to this rule. Advanced Transportation Management Systems. Absolutely not!

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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

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Telematics Systems: How Streaming Data is Used in Transportation

Altexsoft

Industries operating vehicle fleets with installed telematics systems generate huge streams of data. With the right telematics system in place, this data can become a deep pool of valuable business insights for companies engaged in transportation and logistics. Telematics is the merging of two tech fields ?

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IBM and AWS Create a Path to Modernization Via Industry-Specific Solutions

CIO

The solutions, some in pilot stage and others in early development, transcend a variety of core industries, including manufacturing, financial services, healthcare, and transportation. Such an approach ensures that app modernization efforts meet any relevant certification requirements and solve business-specific problems. “A

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What is Transportation Management System: Benefits, Features, and Main Providers

Altexsoft

Transportation itself doesn’t generate revenue. Basically, shippers, retailers, and logistics service providers may have a very vague idea about their transportation process. What a Transportation Management System (TMS) is. TMS receives data about the status of transported goods via API or EDI channels.