Bike Share Scheme management solutions provider Stage Intelligence has launched its Artificial Intelligence programme to support small-to-medium bike share scheme operators.
The company, which was founded in 2011, specialises in using AI solutions to tackle some of the most complex problems in transportation and the shared mobility market. In public bike share schemes, Stage has supported operators around the world in collecting data and optimising redistribution efforts. Operators are reportedly seeing more than 20 per cent reduction in costs through improved operational efficiency with the BICO Solution.
The system uses intelligence on weather conditions, seasonality, city events and, according to the brand, a near infinite number of factors to help operators stay ahead of fluctuating demand.
“Up until now, AI has been limited to the largest players in the market and required significant investment to develop and implement. Our accessible AI programme allows small and medium sized players to adopt new technology and use it to grow,” said Stage Intelligence business development director Tom Nutley. “Bike share scheme operators globally can deploy AI and simplify how they manage their schemes. We are enabling more riders to enjoy an optimised Bike Share experience."