Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group, is leading a USD 17.5 million investment in Teralytics, a Swiss software company that provides advanced mobility analytics powered by telco network data.
Sentient Cities have arrived. Problems are noted, intelligent solutions are proposed and the outcome is better quality of life for people living in urban environments...and yes, capital outlay is huge, but it is O! So worth it.
Revenue from the sale of data and business analytics applications to companies which have a workforce of over 500 people, will reach USD 140 billion by 2019; with larger organisations most likely to be the biggest consumers of data.