SoftBank will use the TuplOS AI engine to predict demand and revenue generation for IoT-enabled services such as shared parking and shared bicycles.

July 13, 2018

1 Min Read

BELLEVUE, Washington – July 13, 2018 – Tupl, a market leader in automation for the wireless industry, today announced a new PoC (Proof of Concept) with SoftBank to provide an IoT solution for SoftBank’s sharing services such as a shared parking service and a shared bicycle service.

Through this PoC, Tupl will provide its AI engine “TuplOS”, which leverages AI technology, to build a model and application that is integrated with SoftBank’s data. The turn-key platform will be able to predict demand as well as revenue generation for sharing services all within an accessible user interface.

Petri Hautakangas, Tupl CEO, said: “We will provide SoftBank with the technology and tools to grow a potentially significant market segment within the sharing economy. We’re looking forward to working with SoftBank, and further showcasing how our TuplOS platform and our use cases are expanding outside of the telecommunications market and into other key branches of the wireless industry, such as IoT.”

In recent years, the sharing economy has been expanding into a wide variety of market segments. As part of the initiative for the growing market, SoftBank is going to work with business partners such as enterprises and individuals through its sharing services by leveraging SoftBank’s own IoT platform which manages IoT sensors. Tupl’s AI engine will be combined with the Softbank IoT platform to create new value to the services by predicting demand and revenue generation.

Tupl offers AI and machine learning-based solutions that dramatically reduce operational costs and enable easy scalability. The TuplOS AI Engine builds effective models and solutions using partner data, which can be leveraged to create automation-powered products and applications for internal or commercial use.

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