16 March 2017

Africa: Frost & Sullivan Awards Bestmile's Cloud-Based Fleet Management Solution for Its Potential to Transform Journey Planning Services

press release

London — BestMile's fleet management model is based on advanced algorithms and machine learning to provide efficient autonomous transportation solutions

Based on its recent analysis of the fleet management software market, Frost & Sullivan recognises BestMile with the 2016 European Frost & Sullivan Award for New Product Innovation. BestMile is poised to spearhead a new mobility paradigm with its robust expansion plans, technology leadership, and keen understanding of the market mobility needs of developed and emerging markets, especially Asia.

BestMile is one of the first providers of fleet management solutions for autonomous vehicles. Its open source integration protocol ensures that its solutions are compatible with vehicles manufactured by various automakers, and its software with any type of hardware. It delivers on-demand and fixed route services through a B2B2C cloud platform that enables the real-time automated dispatch of vehicles, route optimisation, and energy management. The interface for its platform is accessible to both operators and passengers, providing real-time updates and functioning as a booking portal.

BestMile's fleet management software and cloud platform for autonomous vehicles has been launched at an opportune moment, as urban congestion, pollution, and alternative mobility continue to remain critical issues. Autonomous vehicles are seen as the future of the mobility industry and the company provides the strategic link between autonomous vehicle fleet owners and passengers.

"With no driver required to man the vehicle, fleet management becomes of strategic importance in order to improve capacity utilization, reduce operational and marginal costs, optimize routes and vehicles utilization." said Frost & Sullivan Research Analyst Ankita Mukherji. "Improving connectivity between all modes of transportation, BestMile's solution will play a strategic role in journey planning services."

BestMile serves a wide customer base comprising fleet operators, original equipment manufacturers (OEMs), public transit agencies, and private fleets, as its solutions can be easily customised. Clients that already have mobile apps and information systems can simply connect their existing infrastructure to BestMile's cloud platform; for other clients, the company delivers comprehensive solutions with mobile applications.

For automakers, BestMile's cloud platform is perfectly complementary to the vehicles they design for numerous transportation solutions. For transportation solution providers and cities, BestMile is the key to providing the next level of services. The company has demonstrated exceptional efficiency in three strategic areas: back-end operator interface, front-end passenger interface, and operations and maintenance services.

Significantly, BestMile has collaborated with a wide range of autonomous vehicle manufacturers, transportation solution providers, and cities, as well as corporations. Some of its recent partners include Navya (France), Local Motors (US), NEXT Future Transportation (US), and Hi-Tech Robotics Systemz (India). BestMile's first commercial project, known as "SmartShuttle" in partnership with Switzerland's PostBus, was launched on 23 June 2016 and runs autonomous shuttles in Sion, carrying passengers as part of the public transportation system.

"BestMile's goals for the future include advancing R&D, catalysing its business development, and expanding its partnership portfolio to include mobility solution providers, technology companies, cities, and autonomous vehicle manufacturers," noted Ankita. "While most of its current projects are based in Europe and the United States, it is actively looking to establish a strong presence in Asia."

Acknowledging the vision behind its futuristic, cloud-based fleet management solutions for autonomous cars, Frost & Sullivan is pleased to present BestMile with the 2016 European Frost & Sullivan Award for New Product Innovation. Frost & Sullivan firmly believes that BestMile will be instrumental in building a new mobility paradigm.

Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leverage leading-edge technologies. The award recognises the value-added features/benefits of the product and the increased ROI it offers customers, which, in turn, raises customer acquisition and overall market penetration potential.

The Award for New Product Innovation is part of Frost & Sullivan's Best Practices Awards which recognise companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

About BestMile

BestMile is a Swiss company with offices in Lausanne (Switzerland), London (UK) and San Francisco (USA), developing distributed and highly scalable cloud technology leveraging the full potential of autonomous vehicles to tackle global mobility challenges. BestMile provides the first fleet automation platform allowing for the intelligent operation and optimization of autonomous vehicle fleets, regardless of their brand or type and managing both fixed-route and on-demand service types.

Since its creation in 2014, BestMile built a proven track record as the leading company for fleet automation in the autonomous mobility industry. BestMile was the first company to offer on-demand autonomous mobility services and is now enabling the first instance in which electric autonomous shuttles are circulating through a city center on both pedestrian areas and open roads, and servicing the public on a daily basis.

Contact:

Maud SimonP: +41 (0) 78 956 93 46E: maud.simon@bestmile.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion.

Contact:

Chiara CarellaP: +44 (0) 207.343.8314F: 210.348.1003E: chiara.carella@frost.com

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