Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 18 April 2018, 14:51 HKT/SGT
Share:
    

Source: Denso
DENSO Obtains Stake in On The Road to Accelerate Development of Technology Used in MaaS
- Improving its system to develop MaaS systems -

TOKYO, Apr 18, 2018 - (JCN Newswire) - 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(1)) 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.

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. DENSO will leverage On The Road's technical capabilities and development resources to improve its system to develop MaaS systems and speed up development of software technology. With these systems and technologies, DENSO will support auto manufacturer companies and service providers to develop better products and 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 realization of MaaS systems to provide a safe and convenient means of mobility for non-vehicle owners as well as vehicle users.

(1) MaaS aims to match the users and suppliers of mobility, such as transport and logistics, offer them optimal combinations of means of mobility, and complete all necessary procedures, such as reservations and settlement. This will help non-vehicle owners to readily use mobility services and enjoy flexible mobility, and also increase logistical efficiency.


About Denso

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has approximately 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 billion. Last fiscal year, DENSO spent 8.8% of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

For more information, please go to www.denso.com.
Visit our media website at www.denso.com/global/en/news/media-center/.

Contact:
Sadayoshi Yokoyama, Toshiko Watanabe 
DENSO CORPORATION 
Phone: 81-566-25-5594 
Fax: 81-566-25-4509 
sadayoshi_yokoyama@denso.co.jp 
toshiko_watanabe@denso.co.jp


Apr 18, 2018 14:51 HKT/SGT
Source: Denso

Topic: Press release summary
Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Denso Links

http://www.globaldenso.com/en/

https://www.facebook.com/DENSOCorporation/

https://www.youtube.com/channel/UCl8cZy9vYlTcnkVMEInM7XQ

https://ph.linkedin.com/company/denso

Denso
Jan 7, 2019 11:02 HKT/SGT
Three of DENSO Group's Domestic Sales and Service Companies to Be Single Entity Called "DENSO Solution"
Dec 27, 2018 14:33 HKT/SGT
DENSO Announces Changes of Organization
Dec 26, 2018 15:35 HKT/SGT
AISIN and DENSO to Form a New Company to Develop and Sell Driving Modules for Electric Vehicles
Dec 26, 2018 15:07 HKT/SGT
AISIN, ADVICS, JTEKT, and DENSO to Form a New Company to Develop Integrated Control Software for Automated Driving
Dec 21, 2018 11:27 HKT/SGT
DENSO to Showcase Future of Mobility at CES 2019
Dec 13, 2018 17:33 HKT/SGT
NSITEXE Develops Test Chip with Next-generation Semiconductor IP Core Called a DFP
Dec 7, 2018 08:56 HKT/SGT
DENSO Invests Nearly $100 Million in Startups to Advance Mobility
Nov 26, 2018 15:54 HKT/SGT
DENSO Takes a Stake in Infineon Technologies
Oct 31, 2018 13:57 HKT/SGT
DENSO Announces First-half Financial Results
Oct 31, 2018 13:44 HKT/SGT
DENSO to Open New Facility at Haneda Airport for Automated Driving Technology Development and Testing
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: