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

TechCrunch

Optibus , which uses AI to help public transportation bodies and their mass transit partners plan and operate their networks, has raised $100 million, funding that it will be using to continue expanding its product set and wider business footprint, CEO and co-founder Amos Haggiag said in an interview in London this week.

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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. Working with AWS and IBM, United created and scaled a data warehouse using Amazon Redshift, an off-the-shelf service that manages terabytes of data with ease.

AWS 287
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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Besides surgery, the hospital is also investing in robotics for the transportation and delivery of medications.

Budget 363
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Review of Industrial IoT Solutions – Part I

Perficient

It would take way too long to do a comprehensive review of all available solutions, so in this first part, I’m just going to focus on AWS, Azure – as the leading cloud providers – as well as hybrid-cloud approaches using Kubernetes. Messages are also (selectively) transferred to the cloud for analytics and global integration.

IoT 69
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ODC-Noord: The Netherland’s northernmost government data center is committed to a zero carbon future

CIO

“This includes not only HaaS, PaaS, and IaaS, but also the supporting facilities for development of custom software, as well as solutions for DevOps teams—among them Kubernetes test and production environments and applications for specific use cases, including data science and deep analytics.” It’s all important.”

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

CIO

A lot of organizations started exploring a variety of GenAI-enabled business use cases, and especially large organizations (with more than 500+ employees) have been more enthusiastic about adopting this new technology, mainly due to the competitive pressure, availability of financial resources, and skills to support.

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IATA Explained: The Role of International Air Transport Association in the Aviation Industry

Altexsoft

Scheduled air transportation with its 13,307 restrictions was ranked 6th, closely followed by – surprisingly – the fishing industry (for the record: The first, prize-winning positions were given to petroleum manufacturing and electric power generation). Oh yeah, commercial space transportation is also under their wing. What is IATA?