Michelin acquires US road data analytics startup RoadBotics, Auto News, ET Auto
New Delhi: Michelin announces the acquisition of RoadBotics, an American company specializing in the analysis of road infrastructure images.
Founded in 2016, RoadBotics uses artificial intelligence to analyze visual data collected on roads by cameras (mainly smartphones). Using RoadBotics’ computer vision expertise1, images are transformed into actionable information that helps road managers identify priority maintenance areas.
With this acquisition, Michelin is supporting the development of the services and solutions already offered by MICHELIN DDi (Driving Data to Intelligence), a Group activity dedicated to the analysis of data and driving behavior.
The computer vision expertise developed by RoadBotics, combined with Michelin’s DDi know-how, will provide unique insights into the root causes of near-misses based on driving behavior. As a result, their decisions will be easier, faster, more relevant and their road safety management more effective. The service will first be available in North America before being rolled out in Europe.
According to Lorraine Frega, Deputy Managing Director – Distribution, Services and Solutions, Strategy, Innovation and Partnerships of the Michelin Group, this new acquisition is part of Michelin’s growth strategy around tires.
“With the acquisition of RoadBotics, Michelin is strengthening its expertise in artificial intelligence at the service of smarter and safer mobility. Combining its unique knowledge of tire/vehicle uses, the analysis of driving behavior and the expertise computer vision company Roadbotics, Michelin is enriching its portfolio of management services and solutions helping them to optimize and secure road networks,” added Frega.