Avis Budget Group Joins the Internet of Things Consortium
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: GlobeNewswire
Reflects growing importance of IoT for connecting cars and drivers to enable ubiquitous, personalized and convenient travelCompany will co-lead task force on Smart Cities PARSIPPANY, N.J., Sept. 05, 2018 (GLOBE NEWSWIRE) -- 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
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