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Artificial Intelligence is profoundly impacting the ways in which people across the globe interact.
A survey reported that, in 2050, the global urban population is expected to attain 66% to 70% correspondingly. This upsurge in urbanization would have a severe impact on cities’ management, security, and the environment.
Transportation innovation is changing the way we travel.
Transportation has been one of the crucial necessities of humankind over the years. Taxi services are one of the vital options for private transportation. Such as other modes of transport, taxi services have evolved over the years. People to book a taxi initially, a phone call was made to a taxi service.
The car-sharing model changes the social aspect of using a car, the car is no longer seen as a luxury.
Shared mobility services, such as short-term bicycles, cars, and scooter rentals have become widely available in modern cities on six continents of the world. In recent years, the service has gained great popularity around the world. Statistics show that the value of the shared mobility market is USD 104.95 billion.
Battery energy storage systems can provide various services that achieve economic savings and are currently becoming an increasingly profitable investment.
The transition from fossil fuel power to renewable energy sources is a global strategy driven by sustainability to reduce greenhouse gas emissions. Solar PV generation is expected to grow by 15% each year to 2030.
The next trend in fleet IoT is happening quickly.
Fleet management system is used for monitoring different kinds of vehicles such as cars, vans, trucks, aircraft, ships as well as rail cars. Nowadays, IoT technology can help solve the pain points in the fleet industry, such as rising costs, driver safety, asset management, and support operations.