Avis Budget Group Joins the Internet of Things Consortium
September 05 2018 - 9:00AM
Avis Budget Group (NASDAQ:CAR)
today
announced it has become a member of The Internet of Things
Consortium (IoTC). The company has joined the consortium given the
critical role that IoT technologies are playing in Avis Budget
Group’s strategy to making mobility more ubiquitous, personalized
and convenient.
“The Internet of Things industry gave birth to today’s Internet
of Transportation industry which offers significant benefits to
consumers, cities and mobility companies like Avis Budget Group,”
said Arthur Orduña, chief innovation officer at Avis Budget Group.
“From streamlined operations, to better customer experiences and
enhanced data, the IoT is enabling a revolution in urban mobility,
and we’re right at the center of it.”
From its acquisition of Zipcar in 2013, to its industry-leading
investment in connected cars, to the rapid adoption of its mobile
app and to its pioneering Mobility Lab in Kansas City, Avis Budget
Group has been leveraging IoT technology to offer its customers the
most flexible and convenient on-demand mobility options. Whether
it's a vehicle by the minute, hour, day, week or year; whether
you’re driving yourself or being driven; whether it’s a sports car
or a sports utility vehicle, Avis Budget Group makes mobility
available at the tap of an app.
“Avis Budget Group is leading the way in connecting cars and
customers to its mobility platform, showcasing yet another benefit
of the IoT industry,” said Greg Kahn, President and CEO of the
IoTC. “The company is a great addition to our network and we look
forward to their leadership role on the Smart Cities Task
Force.”
“We’ve really just scratched the surface of what’s possible as
we continue to leverage IoT technologies within our platform, our
mobile app and our fleet,” continued Orduña. “As today’s connected
cars give way to tomorrow’s autonomous cars, the potential for
enhancing the customer experience is even more magnified, but it
will require deep coordination across the public and private
sector, which is why we’re pleased to join IoTC and co-lead a Smart
Cities Task Force.”
About Avis Budget Group Avis Budget Group, Inc.
is a leading global provider of mobility solutions, both through
its Avis and Budget brands, which have more than 11,000 rental
locations in approximately 180 countries around the world, and
through its Zipcar brand, which is the world's leading car sharing
network, with more than one million members. Avis Budget Group
operates most of its car rental offices in North America, Europe
and Australasia directly, and operates primarily through licensees
in other parts of the world. Avis Budget Group has approximately
31,000 employees and is headquartered in Parsippany, N.J. More
information is available at www.avisbudgetgroup.com or follow
us on Twitter @AvisInnovation.
About The Internet of Things Consortium
(IoTC)The Internet of Things Consortium (IoTC) is the
premier business development association for the Internet of Things
(IoT) ecosystem. It is comprised of leading founders, executives
and global companies in IoT. The IoTC’s mission is to ignite the
growth of the IoT marketplace by leading the industry’s efforts
through strategic partnerships. The organization focuses on five
key verticals: connected homes, autos, cities, retail and
wearables.
For more information on The IoTC’s work, please visit
www.iofthings.org or follow us on LinkedIn, Facebook, and
Twitter.
Contacts:
Avis Budget GroupAlice Pereira(973)
496-3916 PR@avisbudget.com
The Internet of Things ConsortiumJordan
Steinjordan@iofthings.org(516) 507-9623
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