Japanese supplier Denso invests in software company On The Road
Summary
Denso Corporation has 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. To achieve MaaS, Internet of Things (IoT) technology will be required to collect and analyse 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. On The Road, with which Denso has had a capital tie-up, has a proven track record of developing large-scale systems using communication and cloud computing technology, and high technical capabilities for developing key technologies required for next-generation mobility services. To help create new mobility of the future, Denso is actively building partnerships with IT companies in Japan and throughout the world. Denso will continue to contribute to the realisation of MaaS systems to provide a safe and convenient means of mobility for non-vehicle owners as well as vehicle users.