🚖DENSO Obtains Stake in On The Road to Accelerate Development of Technology Used in MaaS

🚖DENSO Obtains Stake in On The Road to Accelerate Development of Technology Used in MaaS

– Improving its system to develop MaaS systems –

Apr. 18, 2018 News Releases
KARIYA (Japan) ― DENSO Corporation today announced that it has taken an equity stake in On The Road Co., Ltd., a developer of next-generation software using cloud computing, edge computing, and other IT platforms, to accelerate development of technology for Mobility as a Service (MaaS*) systems. The amount of investment is about 160 million yen (approximately US$ 1.5 million) which corresponds to about a 14.88% stake.

To achieve MaaS, Internet of Things (IoT) technology will be required to collect and analyze data obtained from high-speed mobility on a real-time basis, and give optimal feedback of necessary information to mobility service providers via the cloud, such as operation management and car sharing. DENSO has identified MaaS as one of key strategic area of technology development, and is swiftly working on cloud computing technology to consolidate and share a wide range of vehicle information, AI technology to analyze collected data, in-vehicle edge computing, and more

https://www.denso.com/global/en/news/news-releases/2018/20180418-g01/

https://www.denso.com/jp/ja/news/news-releases/2018/20180418-01/