Iguazio, the data science platform built for production and real-time machine learning applications, today announced a strategic partnership with Faktion, a boutique, end-to-end Artificial Intelligence (AI) service provider for smart mobility technologies across Europe.
The partnership enables both companies to provide AI software infrastructure and services to smart mobility companies looking to harness big data and create AI applications that make travel in cities safer, greener, and more efficient.
The two companies already have several joint European customers in the Smart Mobility space, tackling challenges such as dynamic congestion charges based on real-time data and detecting and acting upon driver fatigue.
Congestion cost the U.K. nearly £8 billion in 2018. This is the main problem Airvi, a startup which works with cities to regulate and reduce traffic congestion and pollution according to data delivered in real-time, is working to fix. Airvi works with cities to regulate and reduce traffic congestion and pollution using data delivered in real-time. Along with Faktion and using Iguazio's Data Science Platform, it is creating virtual, dynamic zones that adapt to fluid air and congestion patterns to better manage traffic. By harnessing data at scale, from sources such as cell phones, weather sensors and other diverse data sources, through Iguazio’s platform, it can recommend dynamic tariffs - that will deter drivers from entering high traffic and pollution zones.
“Faktion’s deep industry experience and Machine Learning skill set, combined with Iguazio’s platform, has made our product viable by slashing costs and time on getting AI to production. Without this partnership, we would never have been able to harness and process data from so many sources, to make accurate predictions in an efficient and reproducible way.” said Asher Bennett, CEO and founder of Airvi.
