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09 08 2019 01

Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, is leading a US$17.5-million investment in Teralytics, a Swiss software company building a platform to provide advanced mobility analytics powered by telecom network data.

It uses proprietary artificial intelligence to extrapolate insights, anonymized and aggregated. This enables customers such as mobility providers, cities and transport services to understand, predict and improve people’s journeys.

A study conducted by MarketsandMarkets on the “Transportation Systems and Analytics Market” has estimated this market at US$57.46 billion in 2018, at an estimated compound annual growth rate (CAGR) of 15.4% from 2013 to 2018.

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Tags: Mobility

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