Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, is expanding its in-house digital and data technology capabilities as part of its efforts to strengthening its position as a leading commercial electric vehicle and charging OEM. As part of those efforts, the company recently announced that its digital division, Ideanomics Digital, would provide a cost-efficient, standardized process designed to develop and deploy advanced digital solutions across the enterprise along with providing a new revenue stream. In addition, Ideanomics is partnering with Google Cloud to provide a platform that utilizes Google Cloud’s advanced AI functionality and enables users to collect and analyze telematics from Ideanomics products, third-party EVs and charging infrastructures. Google Cloud’s features also offer better security and further scalability of the platform. A first for the industry, IDEX’s technology-neutral approach allows fleet operators to access a single, unified view of their entire EV value chain regardless of make or model of vehicles. “Electric vehicles and charging infrastructure generate vast streams of high-value data,” said Ideanomics Digital vice president Nigel Walker in the press release. “We are developing cutting-edge solutions that enable our customers to realize the full value of this data — from using predictive analytics to prevent small problems from becoming big issues to using telematic data to enhance operational performance, to using sustainability data to visualize ESG and climate impact.”
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About Ideanomics Inc.
Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, the company is the one-stop partner needed to simplify the transition to and operation of any EV fleet. For more information about the company, please visit www.Ideanomics.com.
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
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