{"id":449776,"date":"2021-03-03T10:37:39","date_gmt":"2021-03-03T15:37:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=449776"},"modified":"2021-03-03T10:37:39","modified_gmt":"2021-03-03T15:37:39","slug":"frost-sullivan-views-axilion-as-an-excellent-opportunity-for-those-seeking-to-invest-in-sustainable-and-smart-cities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/frost-sullivan-views-axilion-as-an-excellent-opportunity-for-those-seeking-to-invest-in-sustainable-and-smart-cities\/","title":{"rendered":"Frost & Sullivan views Axilion as an excellent opportunity for those seeking to invest in sustainable and smart cities"},"content":{"rendered":"
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– Axilion target stock price rose 50% to NIS 52.7 after Frost & Sullivan recommendation<\/h2>\n

– The AI-based Digital Twin technology developed by Axilion has already been implemented in cities in Israel and around the world<\/h2>\n

– Axilion’s unique technology is proven to reduce air pollution, save energy consumption, and shorten journey times up to 47%<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n TEL AVIV, Israel<\/span>, March 3, 2021<\/span> \/PRNewswire\/ — Axilion Smart Mobility\u00a0<\/b>(TASE: AILN), the Israeli AI company leading the digital transformation of the mobility industry, published an analysis conducted by Frost & Sullivan. Axilion<\/a><\/u>\u00a0has redefined traffic management with its market-leading AI-based Digital Twin<\/a><\/u> platform that empowers cities to reduce pollution, congestion and increase safety. Axilion’s technology developed alongside its strategic partner Microsoft enables cities to decrease yearly carbon emissions in cities by 140,000s tons,\u00a0 combat crippling congestion, shorten journey times up to 47%, and improve road safety. <\/p>\n

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According to Oran Dror,<\/a><\/u> CEO and Chairman of Axilion Smart Mobility: “The Frost & Sullivan analysis provides extensive information about the company and the field in which it operates, as well as the need to turn to innovation in order to overcome the most urgent challenge of our time\u2014\u00a0climate change.”<\/p>\n

As the planet heats up, climate change continues to dominate headlines. In recent weeks, Microsoft founder, Bill Gates<\/span>, stressed the role he believes technological innovation must play in “How to Avoid a Climate Disaster.” In his book, he calls for a reduction in carbon footprint and outlines the carbon offsets required to reach zero emissions. According to the tech mogul, the transition to green technology is possible. He indicates the role that countries and governments must continue in the investment and development of new products.<\/p>\n

As the demand for sustainable technology increases, Axilion’s X Way AI-based Cloud Services <\/a><\/u>provides an easy solution for cities to implement. Available through Microsoft Azure and part of the Azure pricing, Axilion’s X Way is promoted by Microsoft resellers as\u00a0long-term contracts for municipalities and countries. X Way enables cities to improve air quality and decrease traffic without the need for costly, time-consuming traditional congestion control methods. Instead, the AI-based Cloud Services reduce emissions with minor financial investment achieved through cloud services, software, and AI-based cameras. Already implemented in several cities globally, including New York<\/span> and Jerusalem<\/span>, Axilions technology is proven to reduce emissions, cut congestion, and improve residents’ quality of life.<\/p>\n

The main points of the recommendation from Frost & Sullivan are as follows:<\/p>\n