Under the new partnership, both firms will bring advanced IoT solutions to smart cities in the country
Panasonic Corporation of North America and TransitScreen have signed a strategic alliance to bring advanced IoT applications to smart cities around the U.S. Under this new partnership, both companies will provide city residents and visitors with real-time transit and transportation information. The offering will combine Panasonic’s CityNOW platform solutions with TransitScreen’s portfolio of solutions.
“Partnering with TransitScreen allows Panasonic to augment its CityNOW solutions in transportation and mobility with rich transportation data, supporting all types of mobility customers,” said Tom Gebhardt, Panasonic Corporation of North America Chairman and CEO. “TransitScreen’s IoT technologies will create a smoother, more seamless experience for residents and visitors alike in key cities by providing people with the transit and local event information they need right when they need it.”
The technology provides real-time, multi-screen displays detailing transit arrival times, local points of interest, and live events at transit agencies, smart bus shelters, airports, street kiosks, stadiums and arenas, municipal buildings, and university stadiums, the two companies said.
“With Panasonic as our hardware, solutions, and integration partner, we will have the chance to bring our human-centric technologies to a national scale,” said Matt Caywood, TransitScreen co-founder and CEO
The partnership will kick off in Denver, Colorado with integration in Panasonic’s CityNOW base at the Denver Peña Station Next. The Panasonic and TransitScreen partnership will scale to other U.S. cities in the future.
U.S. IoT firm Samsara raises $40 million in financing
In other IoT news, U.S. industrial IoT company Samsara has raised $40 million in Series C financing. Samsara makes internet-connected sensor systems for industrial and transportation applications.
“Thanks to our faster-than-market sales growth, we didn’t need additional outside funding for day to day operations,” said Sanjit Biswas, Samara’s co-founder and CEO. “But we believe that Samsara’s approach to IoT can have a broad impact across large markets. We’ve already seen the technology benefit customers ranging from vehicle fleet operators to water utilities to energy producers.
The executive said that the new financing will allow the company invest in long-term technology development to explore new applications for the firm’s platform.
