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Transportation mobility is rapidly changing. The advent of mobility-as-a-service (MaaS) models is driving traditional transportation providers to rethink their business based on shared challenges and new competition. Companies that have not considered rider experience to be part of their strategic imperative have had to modernize to compete with ride-hailing companies, as well as to consider multimodal partnerships. These single-mode providers are often at risk of disruption due to single “product” delivery and limited revenue sources. Combined with comparative advantage issues in route delivery that are in contrast with market demand, mobility providers are struggling to become profitable.
FIT drives new business models for mobility providers by delivering heterogeneity in transit. This encourages new outcomes that have not been achieved before at scale including:
Enable multimodal, multicompany transit, with fastest, cheapest, and most efficient routing, as well as a lower average cost per transaction.
By leveraging a privacy-friendly blockchain and distributed-ledger-technology (DLT) architecture, Frictionless Intermodal Transit limits consumers’ digital litter and organizations’ data risk.
Empower businesses to bring new advertising models based on the context of time, location, and preferences.
Support organizations in managing their costs, maximizing profit, and enabling referral models across mobility organizations.
Oracle EPM Cloud gives you the agility you need to respond quickly in fast times. See why Gartner has named Oracle a leader for Cloud Financial Planning and Analysis Solutions and for Cloud Financial Close Solutions.
What can Oracle CX solutions do for your business? Allow your business to stand out from the competition by delivering legendary experiences to your customers. Connect the customer journey and accelerate transformation with the help of Oracle CX Cloud.
Emerging cloud technologies are transforming automotive companies. From artificial intelligence (AI) and digital assistants to blockchain and the Internet of Things (IoT), increased connectivity, improved data availability, and more-intelligent insights are enabling business outcomes that were previously unattainable.
RTD chose Oracle API Platform Cloud to easily design, test, publish and add robust security features to their APIs. With Oracle, RTD was able to easily manage 2.5 million API calls each month with a billion predictions yearly.
Taxi dispatch software provider iCabbi uses Oracle Analytics Cloud Service as the basis for creating an optimal travel experience for its customers.
Thanks to Oracle Blockchain Platform, we not only built a revolutionary blockchain business model, but also have the confidence of potential alliance partners that MTO Global is a trusted business partner.