Cisco System, Inc., Siemens AG, Schneider Electric SE are Dominating the market for Global Smart Transportation Market in 2017

CISCO SYSTEM, INC.

The company was founded in 1984, headquarter in California, U.S. The company involved in the offering IT solution, networking and digital services to different players. The main business segments of the company are product and services.  The revenue of the company in 2017 was USD 48,005.0 Million.  Number of employees in 2017 was 73,951. The company has global presence in Africa, Asia-Pacific, Europe, Latin America and Middle East.

Access Full Report: https://databridgemarketresearch.com/reports/global-smart-transportation-market

• In November, Cisco system, Inc delivered business intelligence IoT solution that is beneficial in launching smart city projects.
• In March, Cisco system, Inc. introduced transport network modernization for deploying older transport network and re-engineering network configuration.

SIEMENS AG

Medtronic was founded in 1847 and headquartered at Munich Germany. The company is engaged in offering technologies and solutions for electrification, automation and digitalization and activities. It also offers systems for power generation and transmission as well as medical diagnosis. The main business segments are power and gas, energy management, building technologies, mobility, digital factory, process industries and drives, healthineers, financial services. The revenue of the company in 2017 was USD 93,625.3 Million. The market focused segment is mobility and digital group. The total numbers of employees are 372,000.

• In 2016, Siemens launched its business in region by opening intelligent Transport systems portfolio that used to reduce the city traffic, pollutions, and parking violations.

SCHNEIDER ELECTRIC SE

Founded in 1871 and headquartered in Rueil-Malmaison, France. The company is involved in the designing, development and sale of products, equipment and solutions related to the metering management, electrical equipment manufacturing, electrical distribution and secured power supply, building control, automation and safety, industrial control and automation, including software, management of all types of data centres, networks, equipment and others. The revenue of the company in 2017 was USD 27,894.0 Million. The market focused segment is mobility and digital group. The total numbers of employees are 142,000

• In April, Schneider Electric launched Villaya containerized microgrids, a new solar microgrid solution using PWRstation’s state-of-the-art retractable solar racking technology.
• In February, Schneider Electric signed agreement with US Department of Energy to o build a microgrid for Milford, Connecticut.