Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Siemens Mobility Acquires SaaS Company ‘Sqills’ to Transform Web-based Public Transport Booking Systems

Siemens Mobility has announced acquisition of leading SaaS platform, Sqills. Sqills is known for its “S3 Passenger” system for inventory management, reservation, and ticketing software. By acquiring Sqills, Siemens Mobility intends to expand on its vision to transform public transportation with world-class inventory management and strategy.

Siemens Mobility is looking to expand its software portfolio of digital inter-modal and connected mobility solutions, especially in the rail automation for passenger and freight transportation. Sqills joins Siemens’ growing portfolio of digital solutions that includes Hacon, eos.uptrade, Bytemark and Padam Mobility. By joining Siemens Mobility, the company hopes to develop S3 Passenger platform and grow its presence beyond Europe.

The company caters to world-class globally-established public transport service providers. Going by hard numbers displayed on Sqills’ website, it has managed to feature in 0.6 billion journey searches across 9.1 million passenger segments.

Currently, Siemens Mobility is a separately managed company of Siemens AG. Siemens has been a leader in transport solutions for more than 160 years.

Related Posts
1 of 23,187

At the time of this announcement, Bart van Munster – co-founder of Sqills said, “Joining Siemens Mobility’s growing business and software portfolio for intermodal and connected travel is a tremendous opportunity that allows Sqills to advance its plans to expand beyond Europe into Asia Pacific and the Americas as well as its ongoing investment in team, product and existing long term operator partnerships.”

Bart added that together with a strong and trusted international partner like Siemens Mobility, Sqills will be better-positioned to deliver world-class mobility software business on a global scale. This would help countries improve their public transportation through web-based ticketing and route tracking systems, in addition to rail automation and much more.

Dataiku Raises $400 Million at a $4.6 Billion Valuation to Enable Everyday AI in the Enterprise

Michael Peter – CEO of Siemens Mobility said, “To significantly increase passengers on the rails and reach climate targets by 2030, we need to provide passengers with a more optimized process that allows them to seamlessly identify and utilise all offered train services. The acquisition of Sqills and its easy to implement SaaS inventory, reservation and ticketing platform gives us the ability to achieve exactly that. Furthermore, combining the Sqills booking platform and the Hacon solutions provide a comprehensive offering for operators to manage their key travel processes, including trip searching and yield management.”

Demetria Launches AI-Based Agtech Solution To Boost The Growth Of High Value Coffee

[To share your insights with us, please write to sghosh@martechseries.com]

Comments are closed.