Asian Surveying & Mapping
Breaking News
HAL to build, market Isro’s SSLV in landmark deal
New Delhi, Jun 20: In a historic move for...
Taiwan developing space capabilities for all-weather imaging
TAIPEI (TVBS News) — Taiwan is advancing its space...
Honda hails successful test of reusable rocket as it looks to get into the space business
Tokyo — Japan's second-biggest carmaker, Honda, has successfully tested...
China’s space program provides larger platform for broader international cooperation
BEIJING -- Experts from China's manned space program said...
India To Launch $1.5 Billion Joint Earth Mission With NASA In July
National Aeronautics and Space Administration (NASA) and the Indian...
Axiom-4 mission delayed again: ISRO confirms Subhanshu Shukla’s ISS spaceflight won’t launch before 22 June 2025
The Axiom-4 mission to the International Space Station has...
Mengzhou spacecraft for China’s moon-landing mission passes landmark test flight
China has completed the inaugural test flight of its...
Space application for ITMA Asia + CITME 2026 opens
Shanghai – Space application for the 2026 edition of...
Yanmar, Chia Tai and XAG Empower Thai Agriculture through Innovation
Bang Nam Priao District, Chachoengsao Province, Thailand – On...
bitsensing Signs MOU with IKIO Technologies to Advance AI-Based Traffic Monitoring on India’s Expressways, Highways and Municipal Areas
Backed by proven success in South Korea and Europe,...
  • Jul 27, 2022
  • Comments Off on Teralytics Boosts North American Presence and Global Reach through the Acquisition of Streetlytics from Bentley Systems
  • Corporate, News
  • 307 Views

July 27th, 2022
Teralytics Boosts North American Presence and Global Reach through the Acquisition of Streetlytics from Bentley Systems

ZŰRICH – Teralytics, the global platform for human mobility analysis, today announced it has acquired the Streetlytics mobility data business from Bentley Systems (Nasdaq: BSY), the infrastructure engineering software company.

Streetlytics’ team of mobility data analytics experts, led by industry veteran Michael Clarke, will boost Teralytics’ capabilities and grow their presence in the North American market. Mr. Clarke, previously President and CEO of Citilabs, will join Teralytics in the newly appointed role of President, reporting directly to Teralytics’ CEO, David Reed. Bentley has partnered with Teralytics to leverage the company’s data services for Bentley’s mobility simulation solutions, which support transportation planners and engineers around the globe. As part of the transaction, Bentley is investing in Teralytics and will join its Board of Directors. Teralytics’ existing investors are also taking part in the round.

“The Streetlytics’ mission and values align perfectly with ours,” said Mr. Reed. “Having the team on board will deepen our ability to serve customers across a number of industries through our truly global, independent analytics platform. We are also looking forward to partnering with Bentley, whose global reach opens new opportunities for Teralytics to deliver our insights at scale.”

Streetlytics delivers mobility analytics for audience measurement across the out-of-home advertising industry in the United States and Canada, as well as to experts in real estate, retail, transportation planning, traffic engineering and air quality analysis. Teralytics analyzes data from a diverse set of sources, applying powerful data science to create transformative insights into human mobility. The integration of the Teralytics and Streetlytics technical stacks will create a powerful scalable mobility analytics platform providing unmatched global data coverage and insights.

“I am thrilled for our team to be joining Teralytics, whose quest to improve decision-making in governments and businesses through mobility analytics matches our own beliefs and ambitions,” said Mr. Clarke. “Global, always-on understanding of mobility has never been more relevant, as governments and operators seek to plan, design, operate and maintain effective, efficient and sustainable transportation systems during a period of unprecedented change. Businesses everywhere are also looking to improve their growth and profitability through a rich understanding of the moving consumer.”

“Combining Teralytics’ and Streetlytics’ capabilities, technology and experience will create a global mobility insights powerhouse much needed in today’s world to better model, forecast and analyze movement,” said Santanu Das, Chief Acceleration Officer, Bentley. “We look forward to seeing the combined entity grow and exploring opportunities to leverage these mission-critical insights to assist our users who analyze the effects of new projects and government policies on city transportation networks through comprehensive digital twins.”

About Teralytics

Teralytics provides population-level mobility insights that transform our customers’ understanding of people’s interactions with locations, routes and modes of transport. Starting with a comprehensive view of mobility, we apply sophisticated data science and domain expertise to shed light on people’s journeys and factors impacting their choices. Our customers use this knowledge to evaluate existing infrastructure, inventory and services; shed light on new possibilities, and ensure outcomes with the greatest possible impact over time. Teralytics operates in Europe and North America, powering decisions across a number of industries, including transportation, public policy, tourism, media and retail. www.teralytics.net