The acquisition of RoadBotics, an American start-up specializing in the image analysis of road infrastructures, is a further illustration of Michelin’s ambitions around tires, in particular in the field of mobility intelligence.
The acquisition of RoadBotics allows Michelin to enhance its offer in the field of data intelligence, for safer mobility.
Michelin’s connected Services & Solutions around tires are part of the Group’s strategy and proof of its willingness to contribute to a sustainable future. In 2030, Michelin’s activities around and beyond tires will represent 20% to 30% of its revenue.
“The acquisition of RoadBotics will enable Michelin to consolidate its offer in data intelligence,” SAYS Lorraine Frega, Distribution, Services & Solutions, Strategy, Innovation & Partnerships, Member of the Group Executive Committee.” With a more accurate understanding of driving behaviors thanks to RoadBotics’s imaging technology, the Group will be able to complement its expertise and improve the value proposition to its clients, who manage road infrastructures. By combining the expertise of RoadBotics and MICHELIN DDi in driving data analysis, Michelin plans to accelerate the development of the MICHELIN DDi ‘Safer Roads’ solution in North America, and eventually in Europe. This acquisition is a continuation of the partnership around mobility data, established last year with Arity.”