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(London, UK) Kx, a division of First Derivatives plc, announces that its technology has been selected by transport tech specialists Zipabout to power its communications platform for transport networks.
Zipabout’s platform utilizes machine learning to analyze complex transportation data and deliver personalized passenger communications in real-time, all tailored to the individual for a seamless multi-modal journey.
With Kx technology, Zipabout is able to process complex and disparate big datasets with greater speed and scalability. Kx technology is built on kdb+, the world’s fastest time series database, and is optimized to provide real-time, actionable insights, making it ideally suited to power Zipabout’s platform.
Zipabout’s clients include some of the largest transportation companies in the UK and the partnership with Kx comes at a time when the company is in a significant growth phase. The agreement timing aligns with a wider funding round for Zipabout.
Daniel Chick, Technical Director of Zipabout, commented: “This technology collaboration between Kx and Zipabout is a game changer for the transport industry. It now enables us to better meet the growing demands of our platform, delivering seamless journeys in real-time to the 25 million people who are connected to it. Business intelligence reports which once took hours to run are now available in minutes, putting our real-time capabilities ahead of anyone else in the game.”
Brian Conlon, CEO of Kx, commented: “We are delighted to power Zipabout’s innovative platform which will harness the power of Kx technology to obtain revolutionary insights into transportation networks. The growth of connected devices, smart cities and IoT has led to an explosion of data, requiring powerful analytics to unlock intelligence, to be harnessed across industries and we continue to see disruptive technologies turning to Kx.”
Kx is a division of FD, a global technology provider with 20 years of experience working with some of the world’s largest finance, technology, retail, pharma, manufacturing and energy institutions. Kx technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. Kx delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. The Group operates from 14 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,400 people worldwide.
Zipabout leverages complex and disparate big datasets integrated with the latest digital technologies to transform the experience of all those using the transport network. The Zipabout platform improves the customer experience by delivering personalised passenger communications in real-time, all precisely tailored to their individual needs for a seamless multi-modal journey. We provide transport operators and infrastructure owners with unrivalled business intelligence and the behavioural insight required to meet the individual needs of customers, reduce costs, increase revenue generation and improve network efficiencies.