The acquisition of Padam Mobility is the latest example of Siemens’ commitment to developing its portfolio of intermodal solutions. It follows the previous acquisitions of Hacon, Bytemark, and eos.uptrade, companies that are also at the forefront in developing intermodal transportation solutions. Both Siemens and Padam Mobility have agreed to maintain confidentiality regarding financial details of the deal.
Padam Mobility has successfully deployed its intelligent solutions to more than 70 localities in Europe, Asia and North America. More than one million passengers have already enjoyed a smooth ride powered by the Padam Mobility solution.
This technology allows passengers to book their shared ride easily and lets drivers see their itinerary evolve in real time, thanks to a powerful dispatch, algorithms, and traffic data integration. It provides transport operators with the ability to manage and supervise operations in real time and collect data to improve the service for users with the management interface. Furthermore, the simulation tool enables public transport authorities to determine the best solution for their needs, as it delivers data such as expected waiting times, cost estimations and filling rates.