Bike Share Scheme – In the News

Bike Share Schemes continue to evolve and grow around the world. Our industry is changing rapidly and we like to stay on top of Bike Share news. Across the transport industry, the status quo is being challenged every day and in Bike Share Schemes new models are being developed and new schemes are being deployed all of the time.

Here is a round-up of some key news, we see shaping the future of Bike Share Schemes:

  • European Bike Share Availability Set to Double by 2025

According to analysts Frost & Sullivan, cities will increasingly turn to Bike Share Schemes as they seek to tackle the issue of rising emissions and poor air quality in major cities across Europe. Due to the high cost of setting up and running such schemes, a sponsorship model is likely to help meet these costs, enabling companies from a range of industries to get involved in the Bike Share Scheme market.

  • Mobike, Chinese Bicycle Sharing Start-up, Wins Additional Investment

Chinese bicycle-sharing start-up Mobike has announced additional funding, bringing its total new funding in 2017 to more than $300 million. This is in addition to the $215 million and an undisclosed investment from Foxconn last month, in an effort to double the number of bikes it produced last year to 10 million in 2017.

Mobike allows users to find, ride and pay for company bicycles scattered throughout 21 Chinese cities using an app and QR codes and is one of two Chinese bike-sharing start-ups that have raised hundreds of millions in funding since the beginning of 2016.

  • The Best and Worst of Bike Share Schemes

The UK’s Guardian newspaper has ranked the best and worst Bike Share Schemes globally based on cost, ease of access, bikes, docking stations and overall experience. It found the most affordable Bike Share Scheme in Hangzhou, China with an annual fee of £20. The article notes that the best Bike Share Scheme in the world is “…probably a toss-up between Hangzhou in China and Dublin in Ireland, although Vienna’s and Washington DC’s schemes win plaudits, while the Netherlands wins on transport integration.”

  • New Bike Share Scheme Launched in Singapore as Competition Grows

Chinese company ofo has launched a Bike Share Scheme in Singapore with an initial fleet of 1,000 bikes. This comes after Obike, a Singapore-based start-up with both local and Chinese investors launched in January. Obike has said it plans to deploy tens of thousands of bikes in Singapore.

Singapore’s Land Transport Authority’s (LTA) will also be launching a Bike Share Scheme in the fourth quarter of this year. Each scheme will be challenged to deliver an optimal customer experience to ensure that consumers choose their scheme and create customer loyalty.

  • M&A – Motivate and 8D Merger

The Motivate and 8D merger demonstrates that our industry is maturing. Motivate, one of the largest Bike Share operators in the world, is teaming up with hardware and software provider 8D Technologies to grow innovation in Bike Share Schemes. 8D Technologies provides turnkey solutions that include bike key dispensers, bike docks, bike locking mechanisms, and efficient power management.

It powers nearly 40,000 bikes in Bike Share Schemes globally including Santander Cycle Hire (London, UK), Bixi (Montreal, Canada), ADCB Bikeshare (Abu Dhabi, UAE) and Melbourne Bike Share (Melbourne, Australia).

“Bringing Motivate and 8D together will accelerate bike share innovation and bolster our ability to revolutionize the landscape of cities,” said Jay Walder, President and CEO of Motivate and the combined companies.

Stage Intelligence plays a central role in Bike Share Schemes. We use Artificial Intelligence (AI) to simplify Bike Share Scheme management and ensure that operators are able to optimise distribute bikes across their schemes.

To find out more about how Stage Intelligence can help streamline logistics of Bike Share schemes, please contact tom.nutley@stageintelligence.co.uk

Driving Transformation in Transportation in 2017

2016 marked a turning point for Artificial Intelligence (AI) in the transportation industry. We are seeing ideas that seemed distant actually becoming a reality. Self-driving cars are on the roads, Mobility as a Service (MaaS) apps are going live and we have deployed our AI-based technology in Bike Share Schemes around the world.

The industry is at the very beginning of a period of rapid change. Throughout 2016, we’ve seen glimpses of the future that have hinted at what is possible in transportation. Legacy models are being challenged and there is an appetite for change. Read more

Creating Better Jobs with Artificial Intelligence

Artificial Intelligence (AI) is disrupting all kinds of industries and changing them for the better. While most discussions around AI are positive, there are still fears around AI’s impact on the job market.

In many cases, AI won’t replace workers but it will make them better at their jobs. It will enable workers to refocus their jobs around areas where a human touch can add value. The impact of AI is already being felt and we see it as not about phasing people out but finding smarter ways to work.

AI is enabling many types of jobs to become easier and more efficient. It permits extremely large quantities of data to be made accessible and useful for people to make faster and more precise decisions. While this can be seen as outsmarting human beings, it is actually enabling workers to manage and use more data with better results.

This means workers will be able to proactively manage situations based on extremely complex data patterns while businesses will be able to make larger and more targeted investments. It creates a new business environment that is different but isn’t simply about removing people from the workforce.

At the same time, AI is driving demand for new skills. We must be prepared to “up-skill and re-skill” according to the UK parliament.

At Stage Intelligence, we agree that education and training systems across the world should be developed and made more flexible. They should teach students about AI and the skills they need to accommodate to a life working with it. AI is not going away and as it becomes ever present within day-to-day life, specifically within the jobs market, it is important that we can all find a way to maximise the potential of AI in our businesses.

We believe that AI should be embraced as a technology that helps facilitate jobs and enhances our lives. At Stage Intelligence we use AI to create intelligent solutions to solve complex problems within logistics in Bike Share Schemes. Our AI is helping Bike Share Scheme operators to increase usability and ridership allowing its staff to focus on other core areas of the business. By embracing AI both individuals and technology can work together to make a better Bike Share Scheme.

It is important that we all find a way to embrace and work with AI. It should not be seen as a threat but rather as an opportunity. AI can improve the jobs market and evolve the ways of working to create greater efficiency, enhancing the lives of everyone.

What are your thoughts on the future role of AI within jobs? Share your ideas in a comment below.

Putting Cycling at the Centre of Active Transport in London

London is putting cycling front and centre of its campaign to deliver smarter, greener and more efficient transport.

In August, Mayor of London Sadiq Khan shared his vision for the transforming transport in London. He wants the capital city to be a place of ‘active transport’ and is working to make the city greener, smarter and easier to navigate.

Following this announcement, Transport for London (TfL) awarded a new £79.7 million Cycle Hire contract to Bike Share Scheme operator Serco, which includes the development of lighter, more comfortable and more maneuverable bikes. Serco will continue to maintain and distribute the fleet of Santander Cycles until 2022.

Cycling has already taken a major role in commuter life in London. There is a fleet of 11,500 Santander Cycles in London and TfL says that there are over 610,000 bike trips a day made in the city, well over double the figure of the early 2000s.

In 2000, central London’s roads during the morning rush hour were populated by seven times as many cars as bikes. This ratio has now dropped to nearly two to one, leading TfL to predict that bikes will outnumber cars within a few years.

Khan recognises the potential and popularity of cycling within London, and has created a campaign for enhancing the cycling experience in London. He has agreed to increase the TfL budget spend on cycling and has given the go ahead on continuing the build of the cycle super highway. He wants London to be a leader in supporting cycling and show the rest of the world that London understands how to deliver active and green transport.

Khan is dedicated to supporting cycling across London and is working on a number of ways to make this happen. One of the best ways to support cycling in London is to focus on driving usage in its Bike Share Scheme. More users mean less cars on the road, fewer traffic jams, lower emissions and greatly improves public health through physical activity.

London can grow its Bike Share Schemes by focusing on making it even more user friendly. The happier riders are the more uptake Bike Share Schemes will incur, and as a result the more active London will become.

At Stage Intelligence we use Artificial Intelligence to simplify the distribution of bicycles in Bike Share Schemes. When Bike Share Schemes are properly distributed and made easy-to-use, customer satisfaction increases. Bike Share Scheme optimisation can effectively help transform the London transport experience. We think that Khan’s support in bettering cycling in London is a great place to begin in bringing his vision to life.

To find out more about Stage Intelligence’s technology and how it can assist in making the distribution in Bike Share Schemes as efficient as possible please visit our website: http://bit.ly/2bl1cbH