DENSO has taken an equity stake in On The Road Co., a developer of next-generation software that uses cloud computing, edge computing, and other IT platforms to accelerate the development of technology for Mobility as a Service (MaaS) systems.
The investment amount is about 160 million yen (approximately US $1.5 million), which corresponds to about a 14.88 percent stake.
DENSO has identified MaaS as a key strategic area of technology development and is working with partners on cloud computing technology to consolidate and share a wide range of vehicle information, AI technology that analyzes collected data, in-vehicle edge computing, and more.
To achieve MaaS, Internet of Things (IoT) technology is required to collect and analyze data from high-speed mobility services, such as operation management and car sharing, on a real-time basis and give optimal feedback to mobility service providers via the cloud.
On The Road develops large-scale systems using communication and cloud computing technology, and high-level technical capabilities for developing key technologies required for next-generation mobility services.
DENSO will leverage On The Road’s capabilities and resources to develop MaaS systems and accelerate the development of software technology to support auto manufacturer companies and service providers to develop better products and services.