LATEST INTELLIGENCE
NORDIC
Together with public transport company, Pohjolan Liikenne, Telia
Finland is developing smarter bus traffic in the Helsinki metropolitan
area. The new IoT solution enables optimised driving while reducing
fuel emissions. The IoT solution enables drivers to monitor real-time data
for fuel consumption and electricity usage. “This collaboration allows us
to develop bus transport with the environment in mind. We want to be a
pioneer of low emission public transport and contribute our share to the
climate effort by utilising modern solutions,” said Heikki Alanko, CEO
of Pohjolan Liikenne.
ISRAEL
Digital Horizon has invested US$1 million in high-tech
startup, Market Beyond. This round totalled US$4 million with
UK’s Hetz Ventures and Yahal Zilka, one of Israel’s leading venture
capitalists also participating in this round. Market Beyond is a B2B
tech company, headquartered in Tel Aviv. Its team has developed an
e-Commerce tool which allows online retailers to increase sales and
expand their market share. Market Beyond uses Artificial Intelligence
to process data on billions of online transactions in order to pinpoint
weaknesses in product assortment, pricing models and other
conversion factors and suggest how deficiencies can be corrected.
Industry giants including eBay, Walmart and other Fortune 500
companies are among Market Beyond’s clients.
www.intelligentcio.com
INTELLIGENTCIO
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