Avis Budget Group Partners with RocketSpace to Accelerate Innovation in Mobility
June 12 2017 - 2:00PM
Avis Budget Group, Inc. (NASDAQ:CAR) today announced that it has
teamed up with RocketSpace, a leading technology campus for
start-ups and corporate innovators, to identify market
opportunities and fuel cross-industry innovation. Avis Budget Group
joins a diverse group of global businesses across the mobility
value chain, including BP, Allstate, IBM, Magna and Volkswagen, who
will collaborate with start-ups on real-life product testing and
go-to-market solutions. Innovation areas include automated driver
assisted systems (ADAS), on-board vehicle diagnostics and electric
vehicle systems.
“In support of our commitment to provide mobility solutions to
customers, it is imperative that we focus on emerging technologies
and do our part in setting a new standard for mobility and
transportation,” said Arthur Orduña, chief innovation officer, Avis
Budget Group. “We’re excited to partner with RocketSpace to
accelerate innovation by working hand-in-hand with top corporations
in the sector and disruptive start-ups.”
“We’re excited to be partnering with Avis Budget Group on this
initiative while leveraging their industry expertise and global
market knowledge. As our fleet management industry partner, we’re
very optimistic that innovative solutions piloted in the program
will be implemented and scaled through Avis Budget Group’s network
of vehicles,” said Ron Yerkes, vice president of accelerators,
RocketSpace.
RocketSpace has fueled corporate innovation programs with over
150 global brands including British Airways, General Motors,
Samsung, and Goodyear by tapping into its ecosystem of startups
around the world. Its San Francisco coworking campus has been
the early home to over 18 unicorns,
including Uber and Spotify.
About Avis Budget GroupAvis Budget Group, Inc.
is a leading global provider of mobility solutions, both through
its Avis and Budget brands, which have more than 11,000 rental
locations in approximately 180 countries around the world, and
through its Zipcar brand, which is the world’s leading car sharing
network, with more than one million members. Avis Budget Group
operates most of its car rental offices in North America, Europe
and Australia directly, and operates primarily through licensees in
other parts of the world. Avis Budget Group has approximately
30,000 employees and is headquartered in Parsippany, N.J. More
information is available at www.avisbudgetgroup.com.
About RocketSpaceRocketSpace is a global
ecosystem of people and ideas that provides the necessary velocity
— both speed and direction — to help the world's top innovators
bring the future to market. Founded in San Francisco in 2011, its
global network of technology campuses and services are designed to
help tech startups scale. RocketSpace's Corporate Innovation
Services team helps fuel global brands' innovation programs by
tapping into its ecosystem of startups from around the world. For
more information, visit RocketSpace.com, as well as the RocketSpace
on Twitter and LinkedIn.
Contact: Alice Pereira
(973) 496-3916
PR@avisbudget.com
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