Teet Praks

How Internet of Things is Transforming Bicycle & Scooter Industry?

How Internet of Things is Transforming Bicycle & Scooter Industry?

Internet of Things (IoT) has become a modern tech buzzword in almost every industry: from internet-connected fridges to smart toilets. Some say that IoT “changes everything” and others tell that this is “just another hype”. When it comes to bicycles & scooters, we believe that IoT has huge potential to transform bike/scooter industry:

  1. get more people on sustainable mode of transportation;

  2. provide better (customer) services;

  3. enable new business models;

  4. outpace your competition

Konstantinos Stephanou

You are what you share

Today, 54% of the world’s population resides in urban areas, a proportion that is expected to 66% by 2050. For that reason, the planning of sustainable urbanization is a vital element to successful development. The way people commute around the cities is an integral part of everyday life, since it affects productivity, security, health and global warming, among other things. Based on
World Economic Forum’s evidences (2017) plenty of cities all over the world including Paris, Brussels, Oslo, Madrid, London and Hamburg, have decided to reduce or ban diesel cars from their city centres within next years. Governments have acknowledged that conventional car-centric model will eventually lead cities to collapse due to the health implications and space management problems it causes.