Platforms
Jacobs | February 08, 2022
Jacobs announced today it has acquired StreetLight Data, Inc. ("StreetLight"), a pioneer of mobility analytics who uses its vast data and machine learning resources to shed light on mobility, enabling users to solve complex transportation problems. The addition of StreetLight accelerates Jacobs' strategy in growing its end-to-end digital solutions portfolio and focus on ESG, while adding high growth, highly recurring revenue software businesses that offer tremendous value for its clients and the communities they serve.
StreetLight applies proprietary processing technology to location data from millions of mobile devices, connected vehicles, IoT sensors and geospatial databases to measure multimodal travel patterns – and makes them available via its online SaaS (Software as a Service) solution StreetLight InSight®. Designed for smart cities and the transportation industry, the on-demand software provides industry-targeted analytic tools to support critical infrastructure planning, investment and policy decisions.
"The past two years have accelerated structural changes to human mobility, infrastructure and supply chain planning, resulting in increased investments from governments and enterprises around the world. We're also experiencing a critical need for data-driven planning to meet carbon emissions goals, address energy transformation and advance social equity through infrastructure investment," said Jacobs Chair and CEO Steve Demetriou. "There is a global need for solutions that help us better understand the movement of people, goods and services while addressing broader societal challenges, and our acquisition of StreetLight solidifies our leadership in this fast-growing area."
StreetLight's suite of powerful analytics enables all major transportation verticals to make vastly more informed investment decisions while measuring critical impacts. Delivering more than a modern alternative to traditional measurement methods with months of lead time and limited scope, the company's technology has enabled the industry to solve complex problems, such as planning EV networks ahead of future demand, recommending optimal traffic pattern improvements and helping to ensure equitable transportation access.
"We chose Jacobs because they genuinely share our mission and recognize the importance of StreetLight's digital innovation in adapting their own core practices to the needs of an industry undergoing transformation. They have the global scale to rapidly accelerate client decision making at a pivotal time for infrastructure investment and its impact on climate and society."
StreetLight CEO Laura Schewel
StreetLight has a long track record of supporting transportation agencies at federal, state, regional and city levels, transportation engineering and consulting firms, and private companies spanning the new mobility, automotive, IoT and utility sectors. The company's metrics have informed transportation analyses across every state and province in North America.
Demetriou continued, "We consistently seek to add value for our shareholders, create transformative solutions for our clients, and make a positive difference within our communities. Like Jacobs, StreetLight is purpose-driven and shares in our commitment to create a more connected, sustainable world."
One of the growth accelerators in Jacobs' new strategy is centered on data solutions aligned to high growth markets with increasing margin profiles. Building on its strong foundation of existing technology and data capabilities, the company also recently acquired BlackLynx, an industry-leading edge computing, hybrid-cloud and collection automation technology provider serving the intelligence, defense and critical infrastructure sectors. Jacobs' portfolio of data and technology investments will be leveraged in tandem to create expanded market penetration, growth opportunities and solutions for its clients.
About Jacobs
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector.
About StreetLight
StreetLight is a pioneer in the use of Big Data analytics to help transportation professionals solve their biggest problems. Applying proprietary machine-learning algorithms to over four trillion spatial data points over time, StreetLight measures diverse travel patterns and makes them available on-demand via its SaaS platform for mobility, StreetLight InSight®. From identifying sources of congestion to optimizing new infrastructure to planning for autonomous vehicles to enhancing the location of outdoor advertising and business facilities, StreetLight powers more than 10,000 global projects every month.
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Industrial IoT
Kellton Tech Solutions | February 01, 2022
Kellton Tech, a global leader in next-generation digital transformation and enterprise intelligence solutions, announced that it has been selected as a technology partner by Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) to revolutionize its citizen service delivery and create world-class experiences.
As a part of this engagement, Kellton Tech will leverage descriptive analytics and IoT-based smart metering technology to support HMWSSB with real-time information for planning, monitoring, and diagnosis of its systems and processes across its value chains. This holistic solution approach will help HMWSSB forecast demand and dynamically price resource consumption based on predictive analytics, thus promoting more efficient water use and ensuring fair pricing to citizens. Furthermore, HMWSSB will drive faster data-driven decisions, better optimize the government machinery and ecosystem for the timely elimination of inefficiencies, and curate frictionless experiences for the residents of Hyderabad Metropolitan today and in the future.
Kellton Tech will also collaborate to help HMWSSB streamline its grievance redressal by introducing AI-based Metro Customer Care and addressing the needs of citizens and society with more agility and responsiveness. By deploying Smart Metering Systems, Kellton Tech will lead HMWSSB to unlock a robust, secure foundation for effective fault management and build resilience.
"HMWSSB strives to bring the highest quality of services to citizens and continually deliver rich, connected experiences. Kellton Tech, through this collaboration, aims to help HMWSSB do just that. We are building an intelligent and collaborative platform for HMWSSB to create phenomenal experiences and meet their vision of staying ahead of the consumer. In today's dynamic era where everyone swears by real-time data and information, seamless connectedness and ubiquitous digitization are the need of the hour. We will leverage our proven expertise in the modernization of business systems to deploy emerging digital technologies and foster an ecosystem of connectivity across mission-critical processes."
Karanjit Singh, CEO- Kellton Tech
About Kellton Tech Solutions
Kellton Tech is a 'Born Digital' technology consulting and services company founded on the belief of 'Infinite Possibilities with Technology.' The company has helped startups to Fortune 500 clients build disruptive Digital Transformation solutions and leverage technology as a competitive differentiator for their businesses. Driven by deep domain knowledge and technology expertise, Kellton Tech adds value to client relationships by being a Trusted Partner. A rapidly growing company, Kellton Tech has been placed four times on the Deloitte Technology Fast 50 India list and has been recognized by Forbes Asia as one among the Top 200 companies in 'Best under a Billion' 2017 List. With operations across the US, Europe, India, and Asia-Pacific, the team of 1500 dedicated Kelltonites is consistently on the lookout for the next competitive advantage.
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Devices
Nexar | December 30, 2021
Nexar, a leading computer vision company, and the number one consumer smart dash cam seller in the United States, announced today a strategic partnership with Veniam, the leading provider of intelligent networking for the internet of moving things.
Using Veniam's software APIs, Nexar will be able to better collect the images it needs to create an AI-digital twin of US roads. This will enable Nexar to make the most of all available wireless networks (4G/5G, Wi-Fi, mesh…) and transfer massive amounts of data to the cloud in a secure and cost-effective way. This cooperation will also help to further expand the wealth of vision data it collected by Nexar, to build a real time twin of the road, improve safety, train Autonomous Vehicles (AVs) and inform city decisions, as well as "see" changes in the road.
"Veniam's capabilities are a great fit for Nexar and will help it realize its vision of seeing what's ahead on the road," said Eran Shir, Co-founder and CEO of Nexar. "Given the huge volumes of vision data coming from the road and the AI it requires for solving connectivity/bandwidth problems, as well as addressing the issue of compute costs. Veniam's technology helps us with the connectivity, allowing us to transfer more data, making the real time digital twin of the road better and more robust."
"Both Veniam and Nexar look at vehicles not just as transportation machines but as critical data sources to make our cities healthier, safer and most sustainable. We are delighted to complement Nexar´s system with Veniam's intelligent networking software thereby expanding and accelerating Nexar's access to valuable city data."
João Barros, founder and CEO of Veniam
Using Veniam's software, some Nexar dash cam models will be able to make smart decisions on what data to send and when, as well as through which networks. This dramatically reduces the overall cost per GB, while increasing the total amount of data available.
As more and more auto OEMs install cameras and advanced sensor systems onboard their vehicles, Nexar will be able to leverage Veniam's communications technology at the edge to split and share the data flows, making it easier for different cars to collaborate in understanding the world and driving safely to their destinations.
With this partnership, Nexar and Veniam are laying the groundwork for realizing their common vision of improving the lives of millions of people by making cities better and safer.
About Nexar
Nexar is a vision-based software company building the world's first safe-driving network. When drivers pair Nexar-powered smart dash cams with the Nexar app, they join a connected vehicle network that uses computer vision and sensor fusion to see hazards on the road, and alert those in the surrounding area. Using anonymous, aggregated data captured from this network, Nexar has developed a portfolio of vision-based data services for public and private sector partners to make roadways safer and more efficient. This includes the Nexar CityStream platform, which supports construction zone and road inventory monitoring, and now Nexar Virtual Camera.
About Veniam
Veniam is accelerating future mobility and making places more human by delivering intelligent networking software for delivery fleets, dash-cams, telematics providers, connected cars, autonomous vehicles and other mobile IoT devices. With an IP portfolio of more than 130 issued patents, Veniam makes the most out of all available networks (4G/5G, Wi-Fi, V2X, etc.), moving massive amounts of data between vehicles and the cloud - all with lowest GB price, quality of service and security profiles. Best known for its mobile Wi-Fi offload solution and city-scale vehicle mesh networks, Veniam works closely with the world's largest fleets, Auto OEMs and Tier 1 suppliers.
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