How Bussr's AI-Based Technology Is Set to Reshape the World's Roads and Economies
March 21 2021 - 3:00AM
JCN Newswire
Singapore-based transport disruptor Bussr has the attention of
the global investment community for its vision to change the way
the world moves from A to B, and for the abundance of talent at its
table. Bussr's vision springs from the trio of former Rocket
Internet founder and CEO Hussein Abdelkarim, veteran technology
consultant and co-founder I.M. Shousha, and former Microsoft Chief
Architect, co-founder and CTO Ajay Bhandari.
With people looking for better lives in our cities, the world's
urban population has grown 55% in the last 50 years, and now
generates more than 80% of our global GDP. Central to this is
mobility, and demand for urban road passenger transport is expected
to double by 2050. The economy is reliant on the freedom of
movement for its citizens to be productive members of society.
Forward-thinking cities have had the realization that the future
lies in mass transit such as buses, subways, trains, and ferries,
as well as walking and cycling. The rise of electric vehicles
(EVs), micromobility, Uber, Grab, and Didi have made inroads over
the last few years, but much more needs to be done to address the
systemic throttling in the global transport sector.
Hussein Abdelkarim, Shousha and Bhandari see the current transport
sector as a chaotic dance. But by digitizing this mobility they
trust their technology will bring a choreographed elegance to the
way people travel. Each Bussr trip is a choreographed, seamless
leap from place to place, leaving cities less congested, less
polluted, free to breathe again. All of which are part of Bussr
realizing its goal of "Digitizing mobility. Connecting the
world."
Bussr's Mobility-as-a-Service (MaaS) technology acts as both an app
for private use and an end-to-end, omnichannel ticketing, payment,
and fleet management solution for enterprises. Its specialist
artificial intelligence (AI) platform continually monitors millions
of data points to help mass transportation systems operate at
optimal efficiency for both passengers and operators.
Bussr's app can be branded or white-labeled for transport providers
and is available to cities, operators, schools, and corporates. The
enterprise use of Bussr allows the management of ticketing and
payment and provides immense data insight into traveller flow,
density, and timing. Operators can then accurately predict and plan
the future needs of both passengers and transport solutions.
Bussr's Big Thinking Has Attracted Big Backing
Bussr recently raised an undisclosed amount in a round led by
high-profile investors, such as Bridford Group, Peng Ong of Monk's
Hill, Le Mercier Group, Jack Selby of Thiel Capital, Altitude
Partners, Angela Huang of Hillhouse, Duncan Clark, Founder of China
BDA, Alibaba early investor and author of the book 'The House That
Jack Ma Built,' Andrew Huang of Fountainvest, and AI Capital, the
founding team of Siri. There are also strategic angel investors
from Facebook, PayPal, Lyft, Spotify, Zoom, Didi, and Impossible
Foods.
The funds will expand Bussr teams across engineering and product
design while also creating further strategic partnerships to
enhance its reputation as a global player in mobility technology, a
market that analysts say will reach US$908.8 billion by 2027. And
Bussr, by digitizing this mobility market, trust that their
technology will bring an elegance to the way people travel.
The Bussr app is available on Android and iOS, and can provide full
travel options utilizing ride-sharing, public buses, trains,
renting of scooters, and even bicycles to complete a trip. The user
enters Point A and Point B, and the app manages every facet of the
journey, AI providing the optimal route in terms of time and cost,
while reducing the carbon footprint by reducing dependence on
single-occupant vehicle use.
Bussr also offers real-time communication, fleet maintenance, and
automated workflows creating the foundations of efficient fleet
management. Cities and operators will ultimately be able to manage
their citizen and passenger mobility needs better while reducing
pollution and congestion. Future-proofing benefits for governments
and private mobility partners include facial recognition
capabilities for passenger check-in, safety, and security.
More than 900 transport partners are enjoying the advantages of
Bussr technology including Bluebird, the largest private
transportation group in Southeast Asia, and Royal Platinum and
Pahala Kencana, the largest intracity and intercity private
operators in Indonesia. There are also 60 major payment providers
already on the Bussr platform, and with 2,500 destinations in 370
cities, more than 6,000,000 travellers used Bussr's network in
2020.
Please contact:
Media Relations, Bussr Technologies
E: press@bussr.com, Web: www.bussr.com
Source: Bussr
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