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Frost & Sullivan Axilion is an artificial intelligence (AI) software company that develops AI-based systems to better manage traffic mobility in cities, thereby reducing their carbon footprint and improving urban traffic safety. Axilion’s solution utilizes Microsoft Azure as a strategic partner for its products. The Frost & Sullivan is considered among the top 200 partners at Microsoft, top 3 in smart cities and ranks 1st with regards to traffic and congestion alleviation.
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We view Axilion as an excellent opportunity for those seeking to invest in sustainable and smart cities and specifically in a primary element of smart cities—traffic flow management. We start our coverage with a target price of 52.7 NIS.
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